to a product's tradability. For individual products, LOP deviations are affected by their own inflation rates and, to a … lesser extent, by aggregate inflation, output variations, and monetary variability. Interestingly, the trend behavior remains …

been prevalent. More exchange rate stability does not affect the inflation rate, the growth rate, inflation volatility and … output volatility. More monetary independence reduces output volatility. More financial integration reduces inflation …, inflation volatility and output volatility. Hence, more financial integration or monetary independence is beneficial to Greece. …

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 …

. 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 …

engendered by high inflation that reached hyperinflationary proportions in the first half of the 1980s. Yet, controlling … inflation has not been sufficient to reverse dollarization. Despite the declining trend of inflation since 1985, dollarization … crawling peg system, to deal with exogenous shocks, while inflation was relatively unstable even if low, may be an explanatory …

inflation, given the trade deficit. So short-term nominal depreciation maintained a long-term real fix. But with two-way nominal …. After the crisis, capital flows were allowed to drive the exchange rate, aggravating inflation and acting against macro …