Following very high inflation rates at the beginning of the reform process, most transition countries have succeeded in … lowering their inflation to more moderate rates. Inflation rates in the Baltics, Russia, and other countries of the former … Soviet Union are now typically in the range of 10-60 percent. This essay examines whether a further reduction in inflation …

Following very high inflation rates at the beginning of the reform process, most transition countries have succeeded in … lowering their inflation to more moderate rates. Inflation rates in the Baltics, Russia, and other countries of the former … Soviet Union are now typically in the range of 10-60 percent. This essay examines whether a further reduction in inflation …

third explanation is that there are gains in terms of stability in aggregating the money demand of the individual euro area …

useful information about variables such as commodity prices which matter for aggregate demand and thus inflation. Given this …

(notably residential property) and inflation; and it looks at the role of public debt for consumer price developments. On the … basis of a VAR analysis, the study finds that i) global money demand shocks affect global inflation and also global … commodity prices, which in turn impact on inflation; global asset/property price dynamics appear to respond to financing cost …