Showing 1 - 10 of 14,633
of uncontested success in the fight against inflation in the first decade of the transition and economic growth, entering …
Persistent link: https://www.econbiz.de/10012232293
of uncontested success in the fight against inflation in the first decade of the transition and economic growth, entering …
Persistent link: https://www.econbiz.de/10012010801
inflation observed in the European catching-up countries, which suggests that other factors may be at play. In these and related … non-traded sectors) on the dual inflation differential is more than twice as large as that in the "flexible" countries. We … conclude that, in a catching-up country, premature euro adoption may foster excess inflation, beyond that which is to be …
Persistent link: https://www.econbiz.de/10010191206
inflation observed in the European catching-up countries, which suggests that other factors may be at play. In these and related … non-traded sectors) on the dual inflation differential is more than twice as large as that in the flexible countries. We … conclude that, in a catching-up country, premature euro adoption may foster excess inflation, beyond that which is to be …
Persistent link: https://www.econbiz.de/10010328933
and beyond the determinants of currency invoicing (i.e., inflation rate, inflation volatility, foreign exchange market … by a drop in inflation volatility. …
Persistent link: https://www.econbiz.de/10010275698
and beyond the determinants of currency invoicing (i.e., inflation rate, inflation volatility, foreign exchange market … by a drop in inflation volatility. -- euro ; invoicing currency ; exchange rate risk ; inflation ; inflation risk …
Persistent link: https://www.econbiz.de/10003969238
In the present study we analyse relevant macro- and microeconomic forces driving inflation in the Czech Republic with a … nominal trend appreciation of the koruna after euro adoption are likely to be rather low. In contrast, a low inflation … that inflation hikes will remain limited after the euro adoption. The fulfilment of the Maastricht inflation criterion …
Persistent link: https://www.econbiz.de/10011345423
In the present study we analyse relevant macro- and microeconomic forces driving inflation in the Czech Republic with a … nominal trend appreciation of the koruna after euro adoption are likely to be rather low. In contrast, a low inflation … that inflation hikes will remain limited after the euro adoption. The fulfilment of the Maastricht inflation criterion …
Persistent link: https://www.econbiz.de/10011347044
This paper develops a model of the circumstances under which it is beneficial to participate in a currency area. The proposed two-country monetary model of trade with nominal rigidities encompasses the real and monetary arguments suggested by the optimum currency area literature: correlation of...
Persistent link: https://www.econbiz.de/10010295253
We analyze the way in which Latin American countries have adjusted to commodity terms of trade (CTOT) shocks in the 1970-2007 period. Specifically, we investigate the degree to which the active management of international reserves and exchange rates impacted the transmission of international...
Persistent link: https://www.econbiz.de/10010288117