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• W1520798440 abstract "Why is inflation, 15 years after transition started, still considerably higher in Romania than in the eight EU member states (EU-8) that joined in May 2004? Panel estimation based on ten central and eastern European countries allows us to decompose the inflation differential between Romania and the EU-8. The decomposition suggests that neither the revenue, nor the balance of payments, nor the financial stability motive are driving inflation; rather structural differences are at play. The employment motive, together with indicators reflecting the prolonged structural change, explain most of the inflation gap vis-?-vis the EU-8." @default.
• W1520798440 created "2016-06-24" @default.
• W1520798440 creator A5008277635 @default.
• W1520798440 date "2007-03-01" @default.
• W1520798440 modified "2023-09-27" @default.
• W1520798440 title "Nonmonetary Determinants of Inflation in Romania : A Decomposition" @default.
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• W1520798440 hasPublicationYear "2007" @default.
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