indicators in predicting euro area HICP inflation out-of-sample over the period first quarter 1999 till third quarter 2006 …

compares price inflation before the crisis with the necessary and actual price cuts that have taken place since the outbreak of … the crisis, predicting a decade of stagnation for the south and inflation for the north. Keynesian demand policy is … counterproductive in the south and unnecessary in the north. The necessary realignment of relative goods prices and current account …

and beyond the determinants of currency invoicing (i.e., inflation rate, inflation volatility, foreign exchange market … by a drop in inflation volatility. …

This paper examines the presence of asymmetric behavior in exchange rate pass-through (ERPT) to CPI inflation in 12 … rate changes as a result of presence of menu costs. The degree of ERPT is found to be higher for large exchange rate …

This paper examines the presence of asymmetric behavior in exchange rate pass-through (ERPT) to CPI inflation in 12 … responds asymmetrically to the size of exchange rate changes as a result of presence of menu costs. The degree of ERPT is found …

We find strong econometric support for a break in the relationship between perceived and HICP inflation in the euro …

Time-varying exchange rate pass-through effects to domestic prices under fixed euro exchange rate perspective represent … domestic prices reveals its role as the external price shocks absorber especially in the situation when the leading path of … exchange rates is less vulnerable to the changes in the foreign prices. Adjustments in domestic prices followed by exchange …

We analyse the determinants of the inflation trends in ten Southeast European (SEE) countries. Global cost …-related factors and euro area inflation developments play an important role in explaining inflation dynamics in SEE countries. Changes … in world food and energy prices, together with related changes in administered prices, similarly contribute to these …