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Forces driving inflation in the new EU10 members /
The paper analyzes the forces driving inflation in the new EU10 member countries. A significant part of headline inflation in these countries is due to common factors, such as price level convergence and EU integration. However, idiosyncratic factors have also played a role in the inflation process....
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, D.C.] :
International Monetary Fund,
©2009.
|
| Colección: | IMF working paper ;
WP/09/51. |
| Temas: | |
| Acceso en línea: | Texto completo |
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| 050 | 4 | |a HG3810 |b .I44 v.2009, no.51 | |
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| 100 | 1 | |a Stavrev, Emil, |e author. | |
| 245 | 1 | 0 | |a Forces driving inflation in the new EU10 members / |c prepared by Emil Stavrev. |
| 260 | |a [Washington, D.C.] : |b International Monetary Fund, |c ©2009. | ||
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| 380 | |a Abstract or summary | ||
| 490 | 1 | |a IMF working paper ; |v WP/09/51 | |
| 504 | |a Includes bibliographical references (page 16). | ||
| 588 | 0 | |a Print version record. | |
| 520 | |a The paper analyzes the forces driving inflation in the new EU10 member countries. A significant part of headline inflation in these countries is due to common factors, such as price level convergence and EU integration. However, idiosyncratic factors have also played a role in the inflation process. These factors are related to the country-specific financial conditions, pass-through from foreign prices, and demand-supply situation in each country, although administered price adjustments and increases of indirect taxes associated with EU accession are also likely to have played a role. | ||
| 505 | 0 | |a I. Introduction; II. Related Literature; III. Inflation Dynamics in MNS: Background; Tables; 1. NMS and Euro Area: Energy and Food Intensity; Figures; 1. Euro Area: Contribution of Energy and Food to Headline Inflation; 2. NMS: Contribution of Energy and Food to Headline Inflation; IV. Methods and Data; A. Generalized Dynamic Factor Model; 3. NMS: Price level, Inflation, and Exchange Rate Regime; B. Modeling Common and Country-specific Components; C. Data Description; V. Discussion of the Results; A. GDFM Results; 4. Cumulative Share of Data Variance Explained by Common Factors | |
| 505 | 8 | |a 5. NMS: Headline and One Common Factor InflationB. Determinants of Common and Country-specific Inflation; 2. NMS: Determinants of Common Component; VI. Concluding Remarks; 3. NMS: Determinants of Country-specific Component; References | |
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Inflation (Finance) |z Europe, Eastern. | |
| 650 | 6 | |a Inflation |z Europe de l'Est. | |
| 650 | 7 | |a Inflation (Finance) |2 fast | |
| 651 | 7 | |a Eastern Europe |2 fast | |
| 710 | 2 | |a International Monetary Fund. |b European Department. | |
| 776 | 0 | 8 | |i Print version: |a Stavrev, Emil. |t Forces driving inflation in the new EU10 members. |d [Washington, D.C.] : International Monetary Fund, ©2009 |w (OCoLC)650291638 |
| 830 | 0 | |a IMF working paper ; |v WP/09/51. | |
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