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-EU trading partners at the country-sector level. We find that especially upstream integration and EU-accession dampen inflation …
Persistent link: https://www.econbiz.de/10012230486
The study on price stickiness examined nominal rigidities in the euro area and their importance for the functioning of markets. The study examined nominal rigidities in the euro area and their importance for the functioning of markets. It analysed the price setting behaviour of firms at the...
Persistent link: https://www.econbiz.de/10008516229
The purpose of this paper is to evaluate the empirical relevance of real convergence on the process of nominal convergence for the new EU Member States. We discuss two of the main channels through which real convergence could affect relative prices with respect to the euro area: productivity...
Persistent link: https://www.econbiz.de/10011604873
Digitalisation can be viewed as a major supply/technology shock affecting macroeconomic aggregates that are important for monetary policy, such as output, productivity, investment, employment and prices. This paper takes stock of developments in the digital economy and their possible impacts...
Persistent link: https://www.econbiz.de/10012254362
years of restrictions, growing debts and money supply, and extremely high inflation. This research analyses the Harmonised … Index of Consumer Prices (HICP) in the service industries of the EU-27, comparing it to overall inflation and price growth … inflation and substantiates the need for monetary policy measures to slow down inflation. …
Persistent link: https://www.econbiz.de/10014529553
. Macroeconomic stability will be maintained, though inflation is picking up; and is a serious problem in Serbia and Romania …. Inflation is a major concern in Turkey, as is macroeconomic stability more fundamentally. At the end of 2006 it should be …, inflation is expected to remain in double digits. The new government is likely to be less inclined to implement liberal reforms …
Persistent link: https://www.econbiz.de/10012100064
nowadays much sounder than in the past (Hungary being temporarily an exception). The rates of inflation are quite low and … growing external borrowing, possibly associated with the growing presence of foreign banks. Inflation apart, the country …
Persistent link: https://www.econbiz.de/10012100071
stability indicators – inflation, current account status and fiscal balance – reveal a more differentiated and less favourable … Slovakia does very high growth seem to be sustainable at least over the next two years. Inflation will remain relatively low …
Persistent link: https://www.econbiz.de/10012100077
The report analyses recent economic developments and short- and medium-term development prospects, covering the countries of Central and Eastern Europe and Southeast Europe including Turkey, together with Russia, Ukraine, Kazakhstan and China. Separate chapters present an overview of...
Persistent link: https://www.econbiz.de/10005321912
climate and expect the SEE-7 to return to higher growth by the year 2010. Inflation has calmed down, but it is still a matter …. Inflation calms down The whole region was hit by the external price shock that swiftly resulted in a rapid surge in domestic … restricting production. Authorities in the countries of Central, East and Southeast Europe seem to be taking the current inflation …
Persistent link: https://www.econbiz.de/10005321913