Horváth, Roman; Koprnická, Kamila - In: Czech Journal of Economics and Finance (Finance a uver) 58 (2008) 07-08, pp. 318-328
In this paper, the authors examine the determinants of inflation differentials in a panel of the new European Union member states vis-a-vis the euro area in 1997–2007. Their main results are as follows. Exchange rate appreciation and a higher price level in the new EU members is associated...