DSpace Repository

Nonmonetary Determinants of Inflation in Romania: A Decomposition

Show simple item record

dc.creator Hammermann, Felix
dc.date 2007
dc.date.accessioned 2013-10-16T06:57:02Z
dc.date.available 2013-10-16T06:57:02Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/17843
dc.identifier ppn:527433993
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/17843
dc.description Why is inflation, 15 years after transition started, still considerably higher in Romania than in the eight EU member states (EU-8) that joined in May 2004? Panel estimation based on ten central and eastern European countries allows us to decompose the inflation differential between Romania and the EU-8. The decomposition suggests that neither the revenue, nor the balance of payments, nor the financial stability motive are driving inflation; rather structural differences are at play. The employment motive, together with indicators reflecting the prolonged structural change, explain most of the inflation gap vis-?-vis the EU-8.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kieler Arbeitspapiere 1322
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject E58
dc.subject ddc:330
dc.subject inflation
dc.subject panel data
dc.subject transition economics
dc.subject Inflationsrate
dc.subject Inflation
dc.subject Übergangswirtschaft
dc.subject Strukturwandel
dc.subject Dekompositionsverfahren
dc.subject Schätzung
dc.subject Rumänien
dc.title Nonmonetary Determinants of Inflation in Romania: A Decomposition
dc.type doc-type:workingPaper


Files in this item

Files Size Format View

There are no files associated with this item.

This item appears in the following Collection(s)

Show simple item record

Search DSpace


Advanced Search

Browse

My Account