From 1995 to 2001 Russia witnessed an asset market boom, a deep financial crisis, and a surprisingly forceful recovery …. An event study of this episode provides important insights for Emerging Market investment and Russia's medium …, which compressed inflation much faster than other transition economies. Due to high dollarization, disinflation was based on …

ingredient to model. In fact, I found that the estimated premium is a very powerful predictor of inflation. It overcomes, in …

This paper employs a stylized New Keynesian DSGE model for a monetary union to analyze whether cyclical inflation … the fraction of borrowers and to a lesser extent the loan-to-value ratio - generate inflation differentials that are … characteristics of financial markets should be seen as a possible alternative explanation for the observable inflation dispersion in …

markets and inflation is analyzed. The results of Granger-causality tests reveal that stock market has no predictive power … volatility for inflation uncertainty, et vice versa. Regarding the subsequent volatility of short-term and of long-term interest … rate. In contrast, inflation uncertainty provides some information. The hypothesis of a causality running from the …

Recently a market in options based on CPI inflation (inflation caps and floors) has emerged in the US. This paper uses … quotes on these derivatives to construct probability densities for inflation. We study how these pdfs respond to news … empirical pricing kernels. The options-implied densities assign considerably more mass to extreme inflation outcomes (either …

, und Universität Hamburg, sehen Europa vor der Wahl zwischen hoher Infla­tion oder dem möglichen Staatsbankrott einzelner …

macroeconomic factors that drive markets (growth and inflation in the euro area and the US respectively and global risk appetite …

recorded in Serbia and Montenegro. Russia and Ukraine performed very well, registering significant and balanced growth. The … much more essential structural changes in the composition of exports have certainly continued. For Russia, external … combined effects of those impacts cannot yet be reliably quantified. Russia's and Ukraine's GDP growth is likely to slow down …

Belarus, Russia and Ukraine as well as in China. For each country, it provides a forecast relating to GDP growth, inflation … positive growth figures recorded by the global economy as a whole. Central and Eastern Europe, together with Russia, Ukraine … instability. Finally, despite high GDP growth, structural distortions still characterize both Russia and Ukraine, whose economies …