What Explains Persistent Inflation Differentials Across Transition Economies? /

Panel estimates based on 19 transition economies suggests that some central banks may aim at comparatively high inflation rates mainly to make up for, and to perhaps exploit, lagging internal and external liberalization in their economies. Out-of-sample forecasts, based on expected developments in t...

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Detalhes bibliográficos
Autor principal: Flanagan, Mark
Outros Autores: Hammermann, Felix
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2007.
Colecção:IMF Working Papers; Working Paper ; No. 2007/189
Acesso em linha:Full text available on IMF