In this paper, we examine the determinants of inflation differentials in a panel of the newEuropean Union member states … in the new EU members is associated with narrower inflation differential vis-‡-vis the euro area, while fiscal deficit … and positive output gap seem to contribute to higher inflation differential. Nevertheless, the effect of price convergence …

In this paper, we present evidence on the statistical features of observed dispersion in HICP inflation rates in the … Euro area. Our descriptive exercise shows that there is still a remarkable dispersion of HICP inflation rates across the … main source of dispersion in countries' headline inflation rates is in those components of the HICP where non-traded goods …

The importance of analysing inflation sources and dynamics in Bulgaria is imposed by (i) the long run process of price … and inflation convergence to the Euro area and (ii) by the Currency Board operating in the country. In this study we make … explanation of inflation (or dual inflation) has acquired both academic recognition and popularity in practice in the recent years …

low inflation economy characterized by relatively frequent administrative price adjustments is examined. Fluctuations of …

factors on observed inflation rates first in an accounting framework and then by relying on panel estimations. Our estimation … root of different inflation rates in Europe including the EU-27. Among others, we study the structural and cyclical factors … descriptive statistics. Subsequently, we set out the possible mismatches between price level convergence and inflation rates …

. The amended prediction is tested with disaggregated data on manufacturing trade and production, using various estimation …