The paper analyzes the forces driving inflation in the new EU10 member countries. A significant part of headline inflation in these countries is due to common factors, such as price level convergence and EU integration. However, idiosyncratic factors have also played a role in the inflation process. These factors are related to the country-specific financial conditions, pass-through from foreign prices, and demand-supply situation in each country, although administered price adjustments and increases of indirect taxes associated with EU accession are also likely to have played a role.
| Language: | English |
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| Keywords: | EU, mednarodne ekonomske integracije, članstvo, inflacija, ekonomski razvoj, ekonomska rast, cena, faktorske analize, modeli, EU, international economic integrations, membership, inflation, economic development, economic growth, price, factor analysis, models |
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| Work type: | Not categorized (r6) |
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| Organization: | EF - Faculty of Economics |
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| Year: | 2009 |
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| Publisher: | International Monetary Fund |
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| Number of pages: | 16 str. |
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| Place: | [Washington (D.C.)] |
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| UDC: | 330.34 |
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| COBISS.SI-ID: | 19274982  |
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| Views: | 639 |
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| Downloads: | 258 |
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