Modelling inflation in EU accession countries : the case of the Czech Republic , Hungary and Poland

  title={Modelling inflation in EU accession countries : the case of the Czech Republic , Hungary and Poland},
  author={Renzo Orsi},
Inflation in Central and East European countries varied considerably over the transition phase, and econometric relationships between prices, money, wages and exchange rates are said to have been unstable during this period. In order to shed some light on the issue, this paper analyses some empirical models of the inflation process in the three earliest east European transition economies: the Czech Republic, Hungary and Poland. In particular, we first look at inflation within the context of… CONTINUE READING
9 Citations
31 References
Similar Papers


Publications referenced by this paper.
Showing 1-10 of 31 references

Wage-price dynamics in Hungary, IMF, Hungary: selected issues, Staff

  • C. Beaumont
  • 1999
Highly Influential
11 Excerpts

Domestic and foreign effects on prices in an open economy: the case of Denmark

  • K. Juselius
  • Journal of Policy Modeling,
  • 1992
Highly Influential
3 Excerpts

A small econometric model of EU accession countries, Phare-ACE Project P98-1065-R, mimeo National Bank of Hungary (2000a), Monetary Policy

  • B Merlevede, J. Plasmans, B. van Aarle
  • 2001

Is inflation targeting appropriate for an emerging market economy? A case study of Hungary, March

  • Siklos P.L, I. Abel
  • 2001

Modelling the demand for M3 in the Euro area, mimeo at

  • R Golinelli, S. Pastorello
  • 2001

Quo vadis euro

  • E Alberola, S. G. Cervero, A. H. Lopez
  • Ubide
  • 2001
1 Excerpt

Estimates and problems with core inflation in Hungary, NBH Working Paper, 2, February Welfe A

  • S Valkovszky, J. Vincze
  • 2000
1 Excerpt

Exchange rate regimes

  • Republic, Czech National Bank, R httpwww.cnb.czCorker, C. Beaumont, D. R. van Elkan
  • Iakova
  • 2000

Similar Papers

Loading similar papers…