This paper continues discussion on the issue of time series decomposition by presentation of the Empirical Mode Decomposition technique. This technique outperforms well-known time-series filters by providing a deeper insight into the structure of time series.

This paper analyzes the domestic and external inflation determinants for eight non-eurozone new EU member states (NMS). The empirical literature has been rather silent on the comparison of the relative importance of domestic vs. foreign inflation determinants. This paper aims to fill this gap...

Neizvjesnost od početka globalne financijske krize postaje sve važniji fenomen u makroekonomiji. Šokovi neizvjesnosti se sve češće ističu kao novi uzroci poslovnih ciklusa te se neizvjesnost prelijeva na realni sektor kroz različite kanale djelovanja ekonomskih subjekata. Ovaj rad...

Rad analizira kretanje poslovnih ciklusa u Republici Hrvatskoj i Europskoj Uniji s ciljem prikazivanja stiliziranih činjenica vezanih uz kretanja makroekonomskih varijabli tijekom ciklusa u međunarodnoj raščlambi.

The influential and controversial paper by Reinhart and Rogoff (2010) triggered a debate on the effects of public debt on economic growth. Subsequent papers provide more convincing results. However, one of the key assumptions implied in these studies is that lower economic growth is spurred by...