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The Introduction of the Common Currency in Slovenia

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Author Info

  • Festic, Mejra

    ()
    (Faculty of Economics and Business, University of Maribor; EIPF - Economic Institute, Ljubljana. Slovenia.)

  • Krizanic, France

    (The Minister of Finance, Republic of Slovenia, Ljubljana. Slovenia)

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    Abstract

    The inflation in the first and half year after the introduction of Euro in Slovenia was of a short-term nature, conditioned also by a favorable economic growth. The cumulative (retail) price level growth was also conditioned by internal factors (a weak competition in certain sectors and an increase in domestic demand) and external factors (some originate from the increase in food and energy product prices on the world market and from relative high GDP growth in Slovenia due to export growth) in the observed time period.

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    File URL: http://www.ipe.ro/rjef/rjef1_11/rjef1_2011p88-105.pdf
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    Bibliographic Info

    Article provided by Institute for Economic Forecasting in its journal Romanian Journal for Economic Forecasting.

    Volume (Year): (2011)
    Issue (Month): 1 (March)
    Pages: 88-105

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    Handle: RePEc:rjr:romjef:v::y:2011:i:1:p:88-105

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    Related research

    Keywords: inflation; demand; prosperity; common currency;

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    References

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    1. Giovanni Mastrobuoni & Wioletta Dziuda, 2005. "The Euro Changeover and its Effects on Price Transparency and Inflation," Carlo Alberto Notebooks 26, Collegio Carlo Alberto, revised 2006.
    2. Lutz Kilian, 2008. "The Economic Effects of Energy Price Shocks," Journal of Economic Literature, American Economic Association, vol. 46(4), pages 871-909, December.
    3. Nathaniel Beck, Jonathan N. Katz, 2004. "Random Coefficient models for time-series-cross-section data," Working Papers 1205, California Institute of Technology, Division of the Humanities and Social Sciences.
    4. Brzoza-Brzezina, Michal, 2005. "Lending booms in the new EU Member States: will euro adoption matter?," Working Paper Series 0543, European Central Bank.
    5. Ignazio Angeloni & Luc Aucremanne & Matteo Ciccarelli, 2006. "Price setting and inflation persistence: did EMU matter?," Economic Policy, CEPR & CES & MSH, vol. 21(46), pages 353-387, 04.
    6. Johannes Hoffmann & Hans-Albert Leifer & Andreas Lorenz, 2006. "Index of Perceived Inflation or EU Consumer Surveys?," Intereconomics: Review of European Economic Policy, Springer, vol. 41(3), pages 142-150, May.
    7. Gylfason, Thorvaldur & Lindbeck, Assar, 1982. "The Political Economy of Cost Inflation," Kyklos, Wiley Blackwell, vol. 35(3), pages 430-55.
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