Interpreting the price adjustment dynamics in transition economies

Contributions to Economics

Volumn , Issue , 2002, Pages 267-290

  Golinelli, Roberto ^a   Orsi, Renzo ^a  

^a UNIVERSITY OF BOLOGNA   (Italy)

Author keywords

[No Author keywords available]

Indexed keywords

PRICE DETERMINATION;

EID: 4644265516     PISSN: 14311933     EISSN: None     Source Type: Book Series    
DOI: 10.1007/978-3-642-57497-9_17     Document Type: Article

References (55)

1. Alberola E., S.G. Cervero, H. Lopez and A. Ubide (2001), Quo vadis euro?, European Journal of Finance, special issue, forthcoming
2. Balassa B. (1964), The PPP doctrine: a reappraisal, Journal of Political Economy, 72, 584-596
3. Basdevant O. (2000), An econometric model of the Russian Federation, Economic Modelling, 17, 305-336
4. Beaumont C. (1999), Wage-price dynamics in Hungary, IMF, Hungary: selected issues, Staff Country Report, 99/27, 26-43
5. Blangiewicz M. and T.W. Bolt (1993), Specification of dynamic wage-price relations in Poland (1980-1991), Economics of Planning, 26, 15-38
6. Brada J.C., A.E. King and A.M. Kutan (2000), Inflation bias and productivity shocks in transition economies: the case of Czech Republic, Economic Systems, 24 (2), 119-138
7. Brada J.C. and A.M. Kutan (1999), The end of moderate inflation in three transition economies?, Federal Bank of St. Louis Working Paper, 99-003A
8. Brada J.C. and A.M. Kutan (2001), The convergence of monetary policy between candidate countries and the European Union, SSRN Electronic Paper Collection
9. Christoffersen P.F. and R.F. Wescott (1999), Is Poland ready for inflation targeting?, IMF Working Paper, WP/99/41
10. Christoffersen P.F., T. Slok and R.F. Wescott (2001), Is inflation targeting feasible in Poland?, Economics of Transition, 9(1), 153-174
11. Commander S. and F. Coricelli (1992), Price-wage dynamics and inflation in socialist economies: empirical models for Hungary and Poland, World Bank Economic Review, January, 33-53
12. Doornik J.A., D.F. Hendry and B. Nielsen (1998), Inference in cointegrated models: UK M1 revisited, Journal of Economic Surveys, vol. 12(5), 533-572
13. Doyle P. and D.F. Nyberg (1999), Are there leading indicator of inflation in Hungary?, IMF, Hungary: selected issues, Staff Country Report, 99/27, 9-25
14. Engle R.F. and C.W.J. Granger (1987), Cointegration and error correction: representation, estimation and testing, Econometrica, 55, 251-276
15. Ericsson N.R., D.F. Hendry and K.M. Prestwich (1998), The demand for broad money in the UK, Scandinavian Journal of Economics, 100(1), 289-324
16. European Central Bank (1999), The stability-oriented monetary policy strategy of the Eurosystem, Monthly Bulletin, January, 39-49
17. European Central Bank (2000), The Eurosystem and the EU enlargement process, Monthly Bulletin, February, 39-51
18. European Central Bank (2001), Annual Report 2000, May, Frankfurt
19. Filer R.K. and J. Hanousek (2000), Output changes and inflationary bias in transition, mimeo, Prague, CERGE-EI
20. Gerlach S. and L.E.O. Svensson (2000), Money and inflation in the euro area: a case of monetary indicators?, NBER Working Paper, 8025
21. Golinelli R. and R. Orsi (1994), Price-wage dynamics in a transition economy: the case of Poland, Economics of Planning, 27, 293-313
22. Golinelli R. and R. Orsi (1998), Exchange rate, inflation and unemployment in East European economies: the case of Poland and Hungary, Economics of Planning, 31, 29-55
23. Golinelli R. and R. Orsi (2000), Testing for structural change in cointegrated relationships: analysis of price-wage models for Poland and Hungary, Economics of Planning, 33, 19-51
24. Golinelli R. and R. Orsi (2001), Modelling inflation in EU accession countries: the case of the Czech Republic, Hungary and Poland, Department of Economics Working Paper, 24, University of Bologna, http://www.spbo.unibo.it/pais/golinelli/macro.html
25. Golinelli R. and S. Pastorello (2001), Modelling the demand for M3 in the Euro area, The European Journal of Finance, forthcoming
26. Golinelli R. and R. Rovelli (2001), Painless disinflation? monetary policy rules in Hungary (1991-1999), mimeo at http://www.spbo.unibo.it/pais/golinelli/macro.html
27. Gomez V. and A. Maravall (1997), Programs Tramo and Seats: instruction for the user, mimeo
28. Ghosh A. (1997), Inflation in transition economies: how much? and why?, IMF Working Paper, WP/97/80
29. Hall S.G. and A. Milne (1994), The relevance of P-star analysis to UK monetary policy, The Economic Journal, 104, 597-604
30. Hall S.G., G.E. Mizon and A. Welfe (2000), Modelling economies in transition: an introduction, Economic Modelling, 17, 339-357
31. Hallman, J.J., R.D. Porter and D.H. Small (1901), Is the price level tied to the M2 monetary aggregate in the long run?, American Economic Review, September, 81, 841-858
32. Hendry D.F. (2000), Modelling UK inflation over the long run, Nuffield College, Oxford, mimeo
33. Johansen, S. (1995), Likelihood-Based Inference in Cointegrated Vector Autoregressive Models, Oxford University Press
34. Juselius K. (1992), Domestic and foreign effects on prices in an open economy: the case of Denmark, Journal of Policy Modeling, 14(4), 401-428
35. Kocenda, E. (1999), Detecting structural breaks: exchange rates in transition economies, CERGE-EI Working Paper, 149
36. Kutan A.M. and J.C. Brada (2000), The evolution of monetary policy in transition economies, Federal Bank of St. Louis Review, March/April, 31-40
37. Laursen T. (1998), Inflation and its determinants in the Czech Republic, IMF, Czech Republic: selected issues Staff Country Report, 98/36, 11-30
38. Marcellino M. and G.E. Mizon (2000), Modelling shifts in the wage-price and unemployment-inflation relationships in Italy, Poland and the UK, Economic Modelling, 17, 387-413
39. Merlevede B., J. Plasmans and B. van Aarle (2001), A small econometric model of EU accession countries, Phare-ACE Project P98-1065-R, mimeo
40. Nemenyi J. (1997), The case of Hungary, Monetary Policy in Transition in East and West: Strategies, Instruments and Transmission Mechanism, Oesterreichische National Bank
41. Nijsse E. and E. Sterken (1996), Shortages, interest rates, and money demand in Poland, 1969-1995, CCSO Series, 25
42. Orphanides A. and R.D. Porter (2000), P* revisited: money-based inflation forecasts with a changing equilibrium velocity, Journal of Economics and Business, 52, 87-100
43. Osiewalski J. and A. Welfe (1997), The price-wage mechanism in Poland: an endogenous switching model, Economics of Planning, 30, 205-220
44. Osiewalski J. and A. Welfe (1998), The price-wage mechanism: an endogenous switching model, European Economic Review, 42, 365-374
45. Qin D. and A. Vanags (1996), Modelling the inflation process in transition economies: empirical comparison of Poland, Hungary and Czech Republic, Economics of Planning, 29, 147-168
46. Rutkowski J. (1994), Wage determination in late socialism: the case of Poland, Economics of Planning, 27, 135-164
47. Sachs J.D. (1983), Real wages and unemployment in the OECD countries, Brooking Papers on Economic Activity, 1, 255-304
48. Samuelson P. (1964), Theoretical notes on trade problems, Review of Economics and Statistics, 46, 145-154
49. Simon A. and M.A. Kovacs (1998), Components of real exchange rate in Hungary, NBH Working Paper, 3, March
50. Szapary G. and Z.M. Jakab (1998), Exchange rate policy in transition economies: the case of Hungary, Journal of Comparative Economics, 26, 691-717
51. Welfe A. (1991), Modelling wages in centrally planned economies: the case of Poland, Economics of Planning, 24, 47-58
52. Welfe, A (1996), The price-wage inflationary spiral in Poland, Economics of Planning, 29, 33-50
53. Welfe, A (2000), Modelling inflation in Poland, Economic Modelling, 17, 375-385
54. Welfe W. (1995), Modelling transition from the centrally planned economies to market economies: a case study of Poland, in Dutta M. (ed. , Economics, Econometrics and the LINK: Essays in honour of Lawrence R. Klein, North Holland, 495-517
55. Wozniak P. (1999), Relative prices and inflation in Poland (1989-1997), the special role of administered price increases, World Bank, mimeo