The paper is organized as follows: Section 2 discusses briefly two main groups of theories that link inflation and … predicting the causality from relative price variability to inflation and discusses it in more detail. Section 4 provides a brief … Poland. The theoretical model as well as obtained regression results are discussed in section 5. Section 6 takes a closer …

In Poland between 1989 and 1997, growth in money and wages fueled inflation and appreciation of the real exchange rate … government-produced substantial upward inflationary pressures.Wozniak evaluates how much relative price shifts affected inflation … in Poland between 1989 and 1997. He uses a theoretical model that predicts a positive relationship between variance and …

-S effect on the inflation differential and the real appreciation of the exchange rate against Finland, Sweden, Germany and the … UK, shows that, whereas the inflation differential attributable to the B-S effect seems to have been higher in the early …