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What Explains Persistent Inflation Differentials Across Transition Economies?1

What Explains Persistent Inflation Differentials Across Transition Economies?1 »

Source: What Explains Persistent Inflation Differentials Across Transition Economies?

Volume/Issue: 2007/189

Series: IMF Working Papers

Author(s): Mark Flanagan , and Felix Hammermann

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2007

ISBN: 9781451867534

Keywords: panel data, central bank, monetary policy, terms of trade, monetary fund,

Panel estimates based on 19 transition economies suggests that some central banks may aim at comparatively high inflation rates mainly to make up for, and to perhaps exploit, lagging internal and external liberaliz...

Where We Stand with Renewable Energy

Where We Stand with Renewable Energy »

Source: Finance & Development, June 1993

Volume/Issue: 30/2

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1993

ISBN: 9781451952568

Keywords: monetary policy, inflation, central bank, foreign exchange, monetary fund

SlNCE the dissolution of the Soviet Union, most of the former member states have retained the ruble as their national currency but have followed independent monetary policies. Such a combination is not sustainable....