Inflation Dynamics in the New EU Member States: How Relevant Are External Factors?

In this paper we evaluate the relative influence of external versus domestic inflation drivers in the 12 new European Union (EU) member countries. Our empirical analysis is based on the New Keynesian Phillips Curve (NKPC) derived in Galí and Monacelli (2005) for small open economies (SOE). Employing...

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Bibliographic details
Volume: 19
Main Author: Mihailov, Alexander
Rumler, Fabio
Scharler, Johann
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: Oxford, UK Blackwell Publishing Ltd 01.02.2011
WILEY
Wiley Blackwell
Wiley Subscription Services, Inc
published in: Review of international economics Vol. 19; no. 1; pp. 65 - 76
ORCID: 0000-0003-4307-4029
Data of publication: February 2011
ISSN: 0965-7576
1467-9396
EISSN: 1467-9396
Discipline: Business
Economics
Bibliography: We would like to thank Emmanuel Carré, Etienne Farvaque, Jérôme Héricourt, Borek Vašíček, participants at the Conference “20 Years of Transition in Central and Eastern Europe: Money, Banking and Financial Markets,” seminars at the Universities of Reading and Lille 1 and four anonymous referees of this journal.
Series: Review of International Economics
Subjects:
Online Access: available in Bonn?
Database: Social Sciences Citation Index
Web of Science - Social Sciences Citation Index - 2011
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