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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Библиографические подробности
Главный автор: Flanagan, Mark
Другие авторы: Hammermann, Felix
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2007.
Серии:IMF Working Papers; Working Paper ; No. 2007/189
Online-ссылка:Full text available on IMF