Autori
Yamada, Hiroyuki
Bell, Gerwin

Titolo
Why did southeastern european countries experience low inflation rates in the beginning of this century?
Periodico
European Journal of Comparative Economics
Anno: 2012 - Volume: 9 - Fascicolo: 2 - Pagina iniziale: 229 - Pagina finale: 246

In the last decade, the inflation rates of Southeastern European (SEE) countries - Albania, Bosnia and Herzegovina, Croatia, Macedonia, Montenegro, and Serbia - have been more comparable to those in the euro area than to those in otherwise similar emerging economies; the only exception is Serbia. These low inflation rates can only partly be explained by initial price levels. In addition, the exchange rate regime is of paramount importance. Our analysis also explores additional differences between SEE and other regions.



SICI: 1824-2979(2012)9:2<229:WDSECE>2.0.ZU;2-8
Testo completo: http://eaces.liuc.it/Default.asp?tipo=articles&identifier=ejce:18242979/2012/02/03

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