Inflation in Poland : How Much Can Globalization Explain? /

This paper analyses how globalization has affected inflation in the New EU Members States (NMS), and Poland in particular, since 1995. It finds prices have become less sensitive to domestic economic conditions as trade integration rose, possibly because monetary policy incentives increasingly shifte...

Descripció completa

Dades bibliogràfiques
Autor principal: Allard, Celine
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2007.
Col·lecció:IMF Working Papers; Working Paper ; No. 2007/041
Accés en línia:Full text available on IMF
LEADER 01679cas a2200241 a 4500
001 AALejournalIMF004777
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781451866056 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Allard, Celine. 
245 1 0 |a Inflation in Poland :   |b How Much Can Globalization Explain? /  |c Celine Allard. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2007. 
300 |a 1 online resource (21 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper analyses how globalization has affected inflation in the New EU Members States (NMS), and Poland in particular, since 1995. It finds prices have become less sensitive to domestic economic conditions as trade integration rose, possibly because monetary policy incentives increasingly shifted toward meeting price stability objectives. Quantitatively, globalization appears to have lowered Polish prices by 1\2 to 1 percentage point annually since 1995, substantially more than in advanced economies. However, future inflation-dampening effects in the NMS are likely to be smaller as the pace of increases in trade openness moderates. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2007/041 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2007/041/001.2007.issue-041-en.xml  |z IMF e-Library