Showing 1 - 10 of 68,311
influenced the persistent inflation in Romania, and a VAR model for the impulse analyses. The purpose of the paper is to present … and the impact of external shocks (such as international price of oil) on the development of inflation. …This paper is organized in two parts, an overview of the evolution of inflation, highlighting the factors that …
Persistent link: https://www.econbiz.de/10005827603
international oil price, on the future inflation in Romania. …This paper is organized in two parts, the presentation of the model of inflation for Romania, and the results of … simulation and research of inflation and its determinants in Romania, with a focus on the short-term impact of the changes in …
Persistent link: https://www.econbiz.de/10005772666
controlled prices as well as the impact of external shocks as international price of oil on future inflation in Romania. …The purpose of the paper is to present an efficient instrument for simulation and research of inflation and its …
Persistent link: https://www.econbiz.de/10008464172
Why is moving from moderate to low inflation almost always slow or costly? This paper answers this question, based on … the Polish experience. First, reflecting the transition to a market economy, Polish inflation has been marked by … significant changes in relative prices. Second, as wage and price indexation takes root, the inflationary effect of shocks to …
Persistent link: https://www.econbiz.de/10012782043
In this paper we evaluate the relative influence of external versus domestic inflation drivers in the 12 new European … well supported in the new EU member states. We also find that the inflation process is dominated by domestic variables in …
Persistent link: https://www.econbiz.de/10010294894
inflation, especially in the short term. However, in order to strengthen the economy's resilience to oil-price shocks, the paper …This paper aims to examine the impacts of oil-price shocks on China's price levels. To that end, we develop a partial … transmission input-output model that captures the uniqueness of the Chinese market. We hypothesize and simulate price control …
Persistent link: https://www.econbiz.de/10010279509
In this paper we evaluate the relative influence of external versus domestic inflation drivers in the 12 new European … well supported in the new EU member states. We also find that the inflation process is dominated by domestic variables in … Keynesian Phillips Curve ; small open economies ; inflation dynamics ; new EU member countries ; GMM estimation …
Persistent link: https://www.econbiz.de/10009239698
-economic environment? In this paper, we make use of a natural experiment to analyse the role of inflation experiences and institutions in … the formation of individual inflation preferences. In particular, we exploit the division of post-war Germany to … investigate to what extent the factual non-experience of inflation and 40 years of Communism have affected inflation preferences …
Persistent link: https://www.econbiz.de/10010374449
We exploit variation in consumer price inflation across 71 Russian regions to examine the relationship between the … perceived stability of the domestic currency and financial dollarization. Our results show that regions with higher inflation … to firms in non-tradable sectors. The impact of inflation on credit dollarization is weaker in regions with less …
Persistent link: https://www.econbiz.de/10010407636
inflation, especially in the short term. However, in order to strengthen the economy's resilience to oil-price shocks, the paper …This paper aims to examine the impacts of oil-price shocks on China's price levels. To that end, we develop a partial … transmission input-output model that captures the uniqueness of the Chinese market. We hypothesize and simulate price control …
Persistent link: https://www.econbiz.de/10008934659