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010   $a9786612842733
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100   $a20090811d2009      uf             0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt
182   $cc
183   $acr
200 10$aForces driving inflation in the new EU10 members$b[electronic resource] /$fprepared by Emil Stavrev
210   $a[Washington, D.C.] $cInternational Monetary Fund, European Dept.$d2009
215   $a1 online resource (18 p.)
225 1 $aIMF working paper ;$vWP/09/51
300   $a"March 2009."
311   $a1-4519-1634-5 
320   $aIncludes bibliographical references.
327   $aContents; I. Introduction; II. Related Literature; III. Inflation Dynamics in MNS: Background; Tables; 1. NMS and Euro Area: Energy and Food Intensity; Figures; 1. Euro Area: Contribution of Energy and Food to Headline Inflation; 2. NMS: Contribution of Energy and Food to Headline Inflation; IV. Methods and Data; A. Generalized Dynamic Factor Model; 3. NMS: Price level, Inflation, and Exchange Rate Regime; B. Modeling Common and Country-specific Components; C. Data Description; V. Discussion of the Results; A. GDFM Results; 4. Cumulative Share of Data Variance Explained by Common Factors
327   $a5. NMS: Headline and One Common Factor InflationB. Determinants of Common and Country-specific Inflation; 2. NMS: Determinants of Common Component; VI. Concluding Remarks; 3. NMS: Determinants of Country-specific Component; References
330   $aThe paper analyzes the forces driving inflation in the new EU10 member countries. A significant part of headline inflation in these countries is due to common factors, such as price level convergence and EU integration. However, idiosyncratic factors have also played a role in the inflation process. These factors are related to the country-specific financial conditions, pass-through from foreign prices, and demand-supply situation in each country, although administered price adjustments and increases of indirect taxes associated with EU accession are also likely to have played a role.
410  0$aIMF working paper ;$vWP/09/51.
606   $aInflation (Finance)$zEurope, Eastern
606   $aFiscal policy$zEurope, Eastern
608   $aElectronic books.
615  0$aInflation (Finance)
615  0$aFiscal policy
700   $aStavrev$b Emil$0857610
712 02$aInternational Monetary Fund.$bEuropean Dept.
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9910464245103321
996   $aForces driving inflation in the new EU10 members$91999702
997   $aUNINA