systems reflects a divergence of opinion on the appropriate way to handle macroeconomics and, in particular, to curb inflation …. This paper studies the connection between changes in the exchange rate and inflation as perceived in various exchange rate … low inflation in these countries. To this end we model price and exchange rate changes simultaneously and incorporate …

European transition economies: the Czech Republic, Hungary and Poland. Since the end of the 1980s these economies have …Inflation in Central and East European countries varied considerably over the transition phase, and econometric … some light on the issue, this paper analyses some empirical models of the inflation process in the three earliest east …

This paper studies the Balassa-Samuelson effect in the Czech Republic, Hungary, Poland, Slovakia and Slovenia. Time … accession candidates to meet the Maastricht criterion on inflation in the medium term. Moreover, the observed appreciation of …

This paper studies the Balassa-Samuelson effect in the Czech Republic, Hungary, Poland, Slovakia and Slovenia. Time … accession candidates to meet the Maastricht criterion on inflation in the medium term. Moreover, the observed appreciation of …

In this paper, we investigate whether the Balassa-Samuelson (B-S) effect holds for the Czech Republic, Hungary, Poland … the extent to which the B-S effect may influence inflation and the real exchange rate and subsequently discuss policy …

systems reflects a divergence of opinion on the appropriate way to handle macroeconomics and, in particular, to curb inflation …. This paper studies the connection between changes in the exchange rate and inflation as perceived in various exchange rate … low inflation in these countries. To this end we model price and exchange rate changes simultaneously and incorporate …