Lessons from the Economic Transition presents a coherent analysis of the main shortcomings and pitfalls in transition policies applied thus far and attempts to point the way forward to push the transition through to a successful conclusion. The book highlights the complex interrelation between...

Can the media play a significant role in shaping pricing behaviour at retail level? What empirical evidence, particularly for inflation after the euro changeover? A model of the news impact on inflation is constructed in terms of a sticky-information Phillips curve with an epidemiology approach...