Convergence of Relative Prices and Inflation in Central and Eastern Europe /

The paper assesses inflation risks resulting from the convergence of structures of relative prices in Central and Eastern European (CEE) countries toward the European Union (EU). The basic idea of the paper is that under low downward flexibility of domestic nominal prices, the adjustment of relative...

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Bibliographic Details
Main Author: Holub, Tomas
Other Authors: Cihak, Martin
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2001.
Series:IMF Working Papers; Working Paper ; No. 2001/124
Online Access:Full text available on IMF