root of different inflation rates in Europe including the EU-27. Among others, we study the structural and cyclical factors … descriptive statistics. Subsequently, we set out the possible mismatches between price level convergence and inflation rates … factors on observed inflation rates first in an accounting framework and then by relying on panel estimations. Our estimation …

This study analyses the impact of economic catching-up on annual inflation rates in the European Union with a special … Balassa-Samuelson effect is not an important driver of inflation rates. By contrast, we find that the initial price level and … regulated prices strongly affect inflation outcomes in a nonlinear manner and that the extension of Engel’s Law may hold during …

This paper explores the impact of the exchange rate regime on inflation and output in the Central and Eastern European … exchange rate stability have a better explanatory power than the de jure measures in the inflation and growth equations. For … the whole observation period the estimations reveal a significant impact of exchange rate stability on low inflation as …

This paper explores the impact of the exchange rate regime on inflation and output in the Central and Eastern European … exchange rate stability have a better explanatory power than the de jure measures in the inflation and growth equations. For … the whole observation period the estimations reveal a significant impact of exchange rate stability on low inflation as …

basket and the estimate shows that Euro’s has increased during the period, consistent with the goals against inflation. This …

the redistributive effects of inflation. The anti-inflationary objective is a priority for Gulf Countries, which entails … not only countering the effects, but also removing the causes of inflation. The experience of the new millennium showed … that the dollar peg, which characterizes the exchange rate regime of the GCC Countries, was a major vehicle of inflation …

. Volatility decreases with openness to international trade and per capita GDP, and increases with inflation, particularly under a …

relationships between regimes and common macroeconomic policy targets such as inflation and growth. This book takes a systematic … whether pegging the exchange rate leads to lower inflation, whether floating exchange rates are associated with faster output …