Why is moving from moderate to low inflation almost always slow or costly? This paper answers this question, based on … the Polish experience. First, reflecting the transition to a market economy, Polish inflation has been marked by … best prospect for moving to low inflation …

precedents and proposals have included austerity, haircuts and the generation of inflation. Each way has advantages and …, hyperinflation in Germany after World War I, inflation in Argentina since the 1980s, currency reform in Germany after WW II, and …

In this paper we evaluate the relative influence of external versus domestic inflation drivers in the 12 new European … well supported in the new EU member states. We also find that the inflation process is dominated by domestic variables in … Keynesian Phillips Curve ; small open economies ; inflation dynamics ; new EU member countries ; GMM estimation …

-economic environment? In this paper, we make use of a natural experiment to analyse the role of inflation experiences and institutions in … the formation of individual inflation preferences. In particular, we exploit the division of post-war Germany to … investigate to what extent the factual non-experience of inflation and 40 years of Communism have affected inflation preferences …

We exploit variation in consumer price inflation across 71 Russian regions to examine the relationship between the … perceived stability of the domestic currency and financial dollarization. Our results show that regions with higher inflation … to firms in non-tradable sectors. The impact of inflation on credit dollarization is weaker in regions with less …

inflation, especially in the short term. However, in order to strengthen the economy's resilience to oil-price shocks, the paper …-output Analysis ; Inflation ; Industrial Structure ; China ; the United States …

paper examines the distribution dynamics of inflation rates in ten EU members from CEE relative to the EMU accession … benchmark inflation over the period 1990-2009. In contrast to previous studies, we use nonparametric methods to test for … convergence in inflation rates between CEE and the EMU benchmark as well as within the CEE sample. Over the entire sample period …

inflation, especially in the short term. However, in order to strengthen the economy's resilience to oil-price shocks, the paper …

variability over a prolonged period of time, against a background of high inflation. Convergence toward international relative and …