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We examine industrial output in Bulgaria, Hungary, Poland, and Romania during 1989-95 in terms of pretransitional …
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This paper analyses the evolution of inflation targeting policies in Central European countries. The origins of their inflation targeting strategies are examined, above all the commitment to price stability as well as the inability of prior policy regimes to engender financial stability. Recent...
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targeting is developed. Recent trends in these risk premiums in Hungary, the Czech Republic and Poland are tested by employing …
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