The persistence of moderate inflation in the Czech Republic

被引:8
作者
Brada, JC [1 ]
Kutan, AM
机构
[1] Arizona State Univ, Tempe, AZ 85287 USA
[2] Univ Calif Berkeley, Berkeley, CA 94720 USA
[3] So Illinois Univ, Edwardsville, IL 62026 USA
[4] Fed Reserve Bank, St Louis, MO USA
来源
POST-SOVIET GEOGRAPHY AND ECONOMICS | 1999年 / 40卷 / 02期
关键词
D O I
10.1080/10889388.1999.10641106
中图分类号
F [经济];
学科分类号
02 ;
摘要
The Co-Editor of Post-Soviet Geography and Economics, an authority on the transition economies of Eastern Europe, joins a Federal Reserve Bank economist in a study of inflation in the Czech Republic, providing data from 1991 through the second quarter of 1998. After explaining the relationship between Czech inflation, exchange-rate and macroeconomic policies, and the koruna crisis of May 1997, the authors examine and discuss some explanations for the persistence of moderate inflation at a level of 10 percent. They conclude by examining policy implications of their findings in the context of the Czech National Bank's new policy of inflation targeting. Journal of Economic Literature, Classification Numbers: E31, E47, E58, O52. 3 figures, 8 tables, 22 references.
引用
收藏
页码:121 / 134
页数:14
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