Showing 81 - 90 of 216
techniques, we find that productivity growth in the open sector leads to inflation in non-tradable goods. Because of the low …
Persistent link: https://www.econbiz.de/10014084979
accession candidates to meet the Maastricht criterion on inflation in the medium term. Moreover, the observed appreciation of …
Persistent link: https://www.econbiz.de/10005771107
This Paper sets out to analyse the ever-growing literature on equilibrium exchange rates in the new EU member states of Central and Eastern Europe in a quantitative manner using meta-regression analysis. We study the extent to which the estimated real misalignments reported in the literature...
Persistent link: https://www.econbiz.de/10005123853
This paper studies drivers of high-frequency (daily) dynamics of the South African rand vis-à-vis the dollar from January 2001 to July 2007. We find strong nonlinear effects of commodity prices, perceived country and emerging market risk premium and changes in the dollar-euro exchange rate on...
Persistent link: https://www.econbiz.de/10005046067
irrelevance of the Balassa-Samuelson effect for overall inflation via service prices in the CPI. Furthermore, we estimate variants …
Persistent link: https://www.econbiz.de/10005026944
This paper analyses the ever-growing literature on equilibrium exchange rates in the new EU member states of Central and Eastern Europe in a quantitative manner using meta-regression analysis. The results indicate that the real misalignments reported in the literature are systematically...
Persistent link: https://www.econbiz.de/10005190679
This paper analyses the ever-growing literature on equilibrium exchange rates in the new EU member states of Central and Eastern Europe in a quantitative manner using meta-regression analysis. The results indicate that the real misalignments reported in the literature are systematically...
Persistent link: https://www.econbiz.de/10005677561
found to bring about non-tradable inflation. However, we also shed new light on the fact that the impact of the internal … transmission mechanism on overall inflation is considerably attenuated by the low share of non-tradables in the consumer price …
Persistent link: https://www.econbiz.de/10005652642
techniques, we find that productivity growth in the open sector leads to inflation in non-tradable goods. Because of the low …
Persistent link: https://www.econbiz.de/10010655948
In this paper we present an overview of a number of issues relating to the equilibrium exchange rates of transition economies of the former soviet bloc. In particular, we present a critical overview of the various methods available for calculating equilibrium exchange rates and discuss how...
Persistent link: https://www.econbiz.de/10005839453