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 …

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 …

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 … experienced high rates of inflation, although significant disinflation measures were introduced during the mid-nineties to enhance …