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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Автор: Holub, Tomas
Інші автори: Cihak, Martin
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2001.
Серія:IMF Working Papers; Working Paper ; No. 2001/124
Онлайн доступ:Full text available on IMF