The extent to which exchange rate movements impact on consumer prices in a given country depends on a number of micro and macro determinants. This Country Focus discusses the relevance of the theoretical determinants of the exchange rate pass-through to inflation in the case of Slovakia....

The policy brief analyzes the relative performance of the Czech and Slovak economies between the official confirmation of Slovakia's euro-area entry in mid-2008 and end- 2010. The analysis suggests that both economies continued to evolve in a highly similar manner. Czech real exports, as well as...

This Economic Brief reviews the main features of monetary policy frameworks implemented by the major central banks following the collapse of the Bretton Woods system of fixed exchange rates in the early 1970s. It discusses how these frameworks were affected by the academic views prevailing at...