Inflation persistence : euro area and new EU member states

0093675 - NHÚ 2008 DE eng J - Journal Article
Franta, Michal - Saxa, Branislav - Šmídková, K.
Inflation persistence : euro area and new EU member states.
[Inflační perzistence: eurozóna a nové členské státy.]
European Central Bank Working Paper Series. -, č. 810 (2007), s. 1-39. ISSN 1725-2806
R&D Projects: GA MŠMT LC542
Institutional research plan: CEZ:AV0Z70850503
Keywords : inflation persistence * new EU member states * time varying mean
Subject RIV: AH - Economics
http://www.ecb.int/pub/pdf/scpwps/ecbwp810.pdf

Is inflation persistence in the new EU Member States (NMS) comparable to that in the euro area countries? We argue that persistence may not be as different between the two country groups as one might expect. We confirm that one should work carefully with the usual estimation methods when analyzing the NMS.

Je inflační perzistence v nových členských zemích EU srovnatelná se zeměmi eurozóny? Potvrzujeme, že je potřebná opatrnost při analyzování nových členských zemí obvyklými estimačními metodami.
Permanent Link: http://hdl.handle.net/11104/0153656