The nature of the financial turbulence that happened recently in US and Europe, why it happened, where it happened, and …

inflation and the difficulties of East European central banks in pursuing non-inflationary policies. The main obstacles are the …

unemployment written with six other economists. Part III contains essays on a variety of topics, among them inflation, financial …

gradually adopted new monetary regimes with more or less emphasis on the exchange rate, inflation and growth targets. This study … analyses the economic background of the choice of monetary regime in these countries and their success in curbing inflation. A … (2008) - provides evidence of inflation targeting as being an effective policy to reduce inflation, however, reveals biased …

weaker linkages bewteen inflation and real credit growth within Europe. While the euro area is the dominant source of … countries with the advanced Europe countries. The results show strong co-movements in output growth and interest rates but … small but notable impact of CESEE countries on the rest of the Europe. …