Tags → Inflation
- Statistical Research of Inflation in Uzbekistan
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May 15, 2007 09:51
The current paper aims researching inflationary processes in the economy of Uzbekistan starting 1995 up to the first half of 1997, using mainly well-known statistical methods of factor and correlation-regression analysis.
- Monetary Policy Transparency in Inflation Targeting Countries: the Czech Republic, Hungary and Poland
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May 15, 2007 09:53
This paper quantifies transparency of monetary policy in the three EU New Member States that have adopted direct inflation targeting strategy.
- The Stability and Growth Pact – Essential and Unfeasible
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May 17, 2007 10:25
The current paper deals with fiscal as well as monetary rules in a monetary union aiming at low inflation, the main weaknesses in the Stability and Growth Pact, and proposals for its reform.
- Some Benefits of Reducing Inflation in Transition Economies
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May 15, 2007 09:53
The current paper applies Feldstein's (1997, 1999) analysis of the interactions between the tax system and inflation to two transition economies: Poland and Ukraine.
- Inflation and Monetary Policy in Russia: Transition Experience and Future Recommendations
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May 15, 2007 09:53
This paper seeks the main factors behind inflation in Russia over the period 1996–2001.
- Demand for money and monetization in the economy of countries going through transformation process.
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May 15, 2007 09:53
This publication first briefly considers the initial stage of “unfreezing monetary shed” process, then discusses developed levels of monetization, which are compared with levels of monetization in other countries and analyses in comparison with cumulative levels of inflation and incomes of individuals in the countries.
- Limitations of monetary policy and perspectives of financial deficit in the public budget of Kyrgyz Republic during 1998-2001.
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May 15, 2007 09:53
Current research aims at identifying limitations of the monetary policy in the National Bank of Kyrgyzstan and the consequences of decreasing inflation in the following years.
- Monetary Poliсy and Inflation in Georgia 1996 - 1998
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May 15, 2007 09:53
Monetary policy and inflation in Georgia in the years 1996-1998 are the subject of this paper. As it is written in the middle of 1997, the discussed period is in a natural way divided into two parts: past and future. Correspondingly, first sections of the paper deal with facts which have already occurred and with their interpretation, while the remaining sections contain some projections that the authors tried to make for the future.
- Perspectives of financing budget deficit in Kyrgyz Republic during 1997-2000.
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May 15, 2007 09:53
This paper concentrates on defining a desired scenario on decreasing the inflation and consequences for the monetary policy of National Bank in Kyrgyzstan.
- Quarterly Report on the Eight New Member States-4th quarter 2005
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May 15, 2007 09:53
Short-term forecasts on growth, inflation, internal and external balance and major macroeconomic trends in the five Central European and three Baltic States.
- Quarterly Forecast on Southeast Europe-4th quarter 2006
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May 15, 2007 09:53
Short-term forecasts on growth, inflation, internal and external balance and major macroeconomic trends in Southeast Europe.
- Quarterly Forecast on Southeast Europe-3rd quarter 2006
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May 15, 2007 09:53
Short-term forecasts on growth, inflation, internal and external balance and major macroeconomic trends in Southeast Europe.
- Quarterly Forecast on Southeast Europe-2nd quarter 2006
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May 15, 2007 09:53
Short-term forecasts on growth, inflation, internal and external balance and major macroeconomic trends in Southeast Europe.
- Quarterly Forecast on Southeast Europe-1st quarter 2006
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May 15, 2007 09:53
Short-term forecasts on growth, inflation, internal and external balance and major macroeconomic trends in Southeast Europe.
- Quarterly Forecast on Southeast Europe-4th quarter 2005
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May 15, 2007 09:53
Short-term forecasts on growth, inflation, internal and external balance and major macroeconomic trends in Southeast Europe.
- Quarterly Forecast on Southeast Europe-3rd quarter 2005
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May 15, 2007 09:53
Short-term forecasts on growth, inflation, internal and external balance and major macroeconomic trends in Southeast Europe.
- Quarterly Forecast on Southeast Europe-2nd quarter 2005
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May 15, 2007 09:53
Short-term forecasts on growth, inflation, internal and external balance and major macroeconomic trends in Southeast Europe.
- Azerbaijan: inflation could spur bread price hike
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May 15, 2007 09:54
The article focuses on steady price increases and double-digit inflation in Azerbaijan, followed by the possibility of price increase for bread.
- Forecasting inflation for transition countries: How accurate are the EBRD forecasts?`
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May 15, 2007 09:54
This paper analyses the statistical properties of annual inflation forecasts prepared by the EBRD for 25 transition countries between 1994 and 2005. The empirical results show that EBRD forecasts are mostly unbiased. Late within-year forecasts are also found to be efficient. Forecast accuracy is shown to be related to four main factors: timely availability of monthly data, decline in price volatility over time, general progress in transition reforms, and exchange rate developments. The late within-year forecasts of the EBRD were found to be on average better by 2.5 percentage points compared with other institutions but no better than forecasts based on a formal ARIMA inflation model.
- Inflation, exchange rates and the role of monetary policy in Albania
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May 15, 2007 09:54
This paper examines monetary policy in Albania during the transition period. Various channels through which monetary policy can affect prices and output are identified and their relative importance is assessed. Estimates from a vector autoregression model (VAR) of key macroeconomic variables demonstrate the weak link between money supply and inflation up to mid-2000. However, the move during 2000 from direct to indirect instruments of monetary control has been associated with greater predictability of the transmission link from money supply to inflation. The paper concludes that a move to formal inflation targeting could help promote the transparency and credibility of monetary policy, but that such a move should be introduced only when the country is ready for it.
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