Using cointegration and error-correction models, this paper analyses the relative impacts of the monetary, labour and … foreign sectors on Polish inflation from 1990 to 1999. Following the development of a theoretical framework, we use a … structural system approach in which cointegration relationships are used to derive deviations from steady-state levels. The …

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 …