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| Author: | Qin, D. Vanags, A. |
| Title: | Modelling the inflation process in transition economies: empirical comparison of Poland, Hungary and Czech republic |
| Journal: | Economics of Planning
1996 : VOL. 29:3, p. 147-168 |
| Index terms: | PLANNING ECONOMICS HUNGARY |
| Language: | eng |
| Abstract: | This paper starts from the observation that inflation in transition economies appears to be persistently high and volatile and attempts to provide some empirical characterization of the inflation process in three such transition economies: Poland, Hungary and Czech Republic. The authors first consider the role of monetary growth as a major causal factor for inflation in these economies, and argue that the evidence provides rather weak support for the causal relationship. |
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