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In the years 2004-2014 the Lithuania's exchange rate policy was based on a rigid currency board system. After a period … of uncontested success in the fight against inflation in the first decade of the transition and economic growth, entering …. However, the consequences of this exchange rate system in the following years (until 2014) prevented Lithuania from meeting …
Persistent link: https://www.econbiz.de/10012010801
Persistent link: https://www.econbiz.de/10011499135
and beyond the determinants of currency invoicing (i.e., inflation rate, inflation volatility, foreign exchange market … by a drop in inflation volatility. …
Persistent link: https://www.econbiz.de/10010275698
and beyond the determinants of currency invoicing (i.e., inflation rate, inflation volatility, foreign exchange market … by a drop in inflation volatility. -- euro ; invoicing currency ; exchange rate risk ; inflation ; inflation risk …
Persistent link: https://www.econbiz.de/10003969238
and beyond the determinants of currency invoicing (i.e., inflation rate, inflation volatility, foreign exchange market … by a drop in inflation volatility …
Persistent link: https://www.econbiz.de/10014195096
and beyond the determinants of currency invoicing (i.e., inflation rate, inflation volatility, foreign exchange market … by a drop in inflation volatility …
Persistent link: https://www.econbiz.de/10013094696
In the present study we analyse relevant macro- and microeconomic forces driving inflation in the Czech Republic with a … nominal trend appreciation of the koruna after euro adoption are likely to be rather low. In contrast, a low inflation … that inflation hikes will remain limited after the euro adoption. The fulfilment of the Maastricht inflation criterion …
Persistent link: https://www.econbiz.de/10011347044
inflation observed in the European catching-up countries, which suggests that other factors may be at play. In these and related … non-traded sectors) on the dual inflation differential is more than twice as large as that in the "flexible" countries. We … conclude that, in a catching-up country, premature euro adoption may foster excess inflation, beyond that which is to be …
Persistent link: https://www.econbiz.de/10010191206
article investigates whether the adoption of the euro was accompanied by an increase in inflation and how far it affected … developments in price dispersion. Our results indicate that the Eurozone inflation rate after the introduction of the euro is on …
Persistent link: https://www.econbiz.de/10013133999
inflation that can be attributed solely to the rounding of prices to figures that are "attractive" in euro. The empirical … inflation in 2002 lies between 0.1 and 0.5 percentage points. The changeover apparently worked its effect mainly through …
Persistent link: https://www.econbiz.de/10013082230