Republic, Hungary, Poland, Slovakia and Slovenia - and the euro area in terms of differences in productivity growth between …This paper aims to explain differences in inflation between six central European economies - Croatia, the Czech … 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 … could justify, especially in the cases of the Czech Republic and Slovakia. This can be partly explained by the trend …

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 … the Balassa-Samuelson effect, particularly in the cases of the Czech Republic and Slovakia. This may be partly explained …

In this paper, we investigate whether the Balassa-Samuelson (B-S) effect holds for the Czech Republic, Hungary, Poland …, Slovakia and Slovenia during the transition process. The co-integration analysis suggests that the importance of the B-S effect … the extent to which the B-S effect may influence inflation and the real exchange rate and subsequently discuss policy …

This paper investigates the predictive ability of money for future inflation in the Czech Republic, Hungary, Poland and … Slovakia. We construct monetary indicators similar to those the European Central Bank regularly uses for monetary analysis. We … find in-sample evidence that money matters for future inflation at the policy horizons that central banks typically focus …

systems reflects a divergence of opinion on the appropriate way to handle macroeconomics and, in particular, to curb inflation …. This paper studies the connection between changes in the exchange rate and inflation as perceived in various exchange rate … low inflation in these countries. To this end we model price and exchange rate changes simultaneously and incorporate …

systems reflects a divergence of opinion on the appropriate way to handle macroeconomics and, in particular, to curb inflation …. This paper studies the connection between changes in the exchange rate and inflation as perceived in various exchange rate … low inflation in these countries. To this end we model price and exchange rate changes simultaneously and incorporate …

countries to the EU: the Czech Republic, Hungary, Poland and Slovenia. The results allow a clear ranking of countries according … provide the most efficient framework for reducing inflation …