Article ID Journal Published Year Pages File Type
5060823 Economics Letters 2011 5 Pages PDF
Abstract
► We model the relationship between inflation and its uncertainty in the new EU members. ► Higher inflation uncertainty leads to higher inflation only prior to EU accession. ► During EU accession and entry, inflation uncertainty has no effect on mean inflation. ► Results show the importance of controlling for shifts in policy regimes.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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Nominal uncertainty and inflation: The role of European Union membership
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