. Using a new database for 21 countries, the effect of relative price variability on inflation is estimated within a framework … controlling for nominal and real shocks. Money and wage growth were the most important determinants of inflation; relative price …In light of the persistence of moderate inflation in many transition economies, this paper analyzes whether inflation …

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

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

lasting effect on inflation; that economic liberalization broadly defined may have helped dampen price increases; and that …This paper examines the influence of economic liberalization and monetary growth on inflation during the transition … from central plan to market. It concludes that price decontrol had a substantial, one-time effect on the price level but no …

Inflation is one of key policy variables in the European Union. Keeping inflation below 2 percent is the main … proclaimed goal of the European Central Bank. Monitoring inflation dynamics is even more important for the EU candidate countries … a hyperinflation period at the first phase of transition, inflation awareness seems to be even more relevant than in …