lowering their inflation to more moderate rates. Inflation rates in the Baltics, Russia, and other countries of the former …Following very high inflation rates at the beginning of the reform process, most transition countries have succeeded in … Soviet Union are now typically in the range of 10–60 percent. This essay examines whether a further reduction in inflation …

lowering their inflation to more moderate rates. Inflation rates in the Baltics, Russia, and other countries of the former …Following very high inflation rates at the beginning of the reform process, most transition countries have succeeded in … Soviet Union are now typically in the range of 10-60 percent. This essay examines whether a further reduction in inflation …

The study provides estimates of the threshold level of inflation for Russia based on panel threshold models. This paper …’s aim is to estimate the «optimal» level of inflation and to determine the number of thresholds for Russia within, unlike … ratio test to verify which model specification is optimal. The results indicate that the target inflation rate of 4% in …