| 000 | 01418cam a2200241 4500500 | ||
|---|---|---|---|
| 005 | 20250121053444.0 | ||
| 041 | _afre | ||
| 042 | _adc | ||
| 100 | 1 | 0 |
_aCoricelli, Fabrizio _eauthor |
| 700 | 1 | 0 |
_a Jazbec, Boštjan _eauthor |
| 700 | 1 | 0 |
_a Masten, Igor _eauthor |
| 245 | 0 | 0 | _aExchange Rate Pass-Through in Countries Applying for Admission to the EU |
| 260 | _c2004. | ||
| 500 | _a32 | ||
| 520 | _aThis paper analyzes the link between the choice of exchange rate regime and inflationary performance in four EU accession countries: the CzechRepublic, Hungary, PolandandSlovenia(CEEC-4). The findings generate a clear ranking of the countries by magnitude of pass-through effect and the importance of exchange rate shocks to overall inflationary performance. We find, in particular, that a perfect pass-through effect associated with an accommodative exchange rate policy can become an important source of inflationary pressure. The analysis suggests that early adoption of the euro could be the most effective way for the CEEC-4 to reduce inflation. | ||
| 690 | _apass | ||
| 690 | _athrough effect | ||
| 690 | _aAccession to EMU | ||
| 690 | _apolicy trade off | ||
| 690 | _aI(2) cointegration analysis | ||
| 786 | 0 | _nEconomie & prévision | o 163 | 2 | 2004-06-01 | p. 51-61 | 0249-4744 | |
| 856 | 4 | 1 | _uhttps://shs.cairn.info/journal-economie-et-prevision-1-2004-2-page-51?lang=en&redirect-ssocas=7080 |
| 999 |
_c468143 _d468143 |
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