This paper investigates the (a)symmetry between stock market returns in Central and Eastern European (CEE) countries (Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, and Poland) on the one hand, and in the eurozone, Russia, and the United States on the other. Correlation asymmetry...

If money multipliers are stable, there is a relationship between the controllable variable - base money (B) - and intermediate targets such as M1, M2, and M3. These intermediate targets have a long-term and stable relationship with the final target, the price level. If potential output, money...

This article employs an iterative multisectoral model underpinned by estimates of sectoral price functions to simulate six disinflation scenarios for the Slovenian economy. The model simulations show that substantial progress in disinflation can be made during 2004. However, instead of relying...