Horváth, Roman; Koprnická, Kamila - In: Czech Journal of Economics and Finance (Finance a uver) 58 (2008) 07-08, pp. 318-328
In this paper, the authors examine the determinants of inflation differentials in a panel of the new European Union … higher price level in the new EU members is associated with a narrower inflation differential vis-a-vis the euro area, while … a fiscal deficit and a positive output gap seem to contribute to a higher inflation differential. Nevertheless, the …