This paper studies inflation persistence with time-varying coefficient autoregressions for twelve central European … countries,in comparison with the United States and the euro area. Inflation persistence tends to be higher in times of high … inflation. Since the oil price shocks, inflation persistence has declined both in the US and euro-area. In most central and …

For the last two years inflation has been systematically falling across countries in the European Union and lately it … exhibits rising deflationary pressures. Recent studies suggest that apart from global determinants influencing broad inflation … measures, e.g. plummeting commodity prices, core inflation components are subjected to the rising influence of globalization …

In the paper we investigate, which shocks drive inflation in small open economies. We proceed in two steps. First, we … selected European economies - the Czech Republic, Poland and Sweden - on the global shocks controlling for the domestic … variables. Our results show that in two out of three analyzed countries the fluctuations of inflation are to the largest extent …

This article studies inflation persistence with time-varying coefficient autoregressions for twelve central European … countries, in comparison with the United States and the euro area. Inflation persistence tends to be higher in times of high … inflation. Since the oil price shocks, inflation persistence has declined both in the US and the euro-area. In most central and …

This paper studies the Balassa-Samuelson effect in the Czech Republic, Hungary, Poland, Slovakia and Slovenia. Time … accession candidates to meet the Maastricht criterion on inflation in the medium term. Moreover, the observed appreciation of …

This paper aims to explain differences in inflation between six central European economies - Croatia, the Czech … Republic, Hungary, Poland, Slovakia and Slovenia - and the euro area in terms of differences in productivity growth between … productivity differentials explain on average only between 0.2 and 2.0 percentage points of annual inflation differentials vis …

This paper studies the Balassa-Samuelson (B-S) effect in the Czech Republic, Hungary, Poland, Slovakia and Slovenia. We … not hinder meeting the Maastricht criterion on inflation in the medium term. In addition, the observed appreciation of the …

This paper studies the Balassa-Samuelson effect in the Czech Republic, Hungary, Poland, Slovakia and Slovenia. Time … accession candidates to meet the Maastricht criterion on inflation in the medium term. Moreover, the observed appreciation of …

Using large firm-level data sets from the Czech Republic, Slovakia, Poland and Hungary, we show that the wage behavior …