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Confronting the Inflationary Pressures of Introducing the Euro with the Effects of Negative External Shocks

Author

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  • Biškupec Petra Popek

    (1 University of Applied Sciences, Baltazar Zaprešić, Croatia)

  • Ružić Ivan

    (2 University of Applied Sciences, Baltazar Zaprešić, Croatia)

Abstract

with the introduction of the euro as the domestic currency, economies have faced inflationary pressures caused by price convergence towards higher levels. During the last period of significant negative shocks from the environment, by entering the euro area, the negative effects of the likelihood of inflation caused by the introduction of the euro may be absent.

Suggested Citation

  • Biškupec Petra Popek & Ružić Ivan, 2023. "Confronting the Inflationary Pressures of Introducing the Euro with the Effects of Negative External Shocks," Folia Oeconomica Stetinensia, Sciendo, vol. 23(1), pages 194-207, June.
    • Handle: RePEc:vrs:foeste:v:23:y:2023:i:1:p:194-207:n:4
    DOI: 10.2478/foli-2023-0010
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    References listed on IDEAS

    as
    1. Feldkircher, Martin & Siklos, Pierre L., 2019. "Global inflation dynamics and inflation expectations," International Review of Economics & Finance, Elsevier, vol. 64(C), pages 217-241.
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    3. Herrmann, Sabine & Winkler, Adalbert, 2009. "Real convergence, financial markets, and the current account - Emerging Europe versus emerging Asia," The North American Journal of Economics and Finance, Elsevier, vol. 20(2), pages 100-123, August.
    4. Mandeya Shelton M.T & Ho Sin-Yu, 2022. "Inflation, Inflation Uncertainty and the Economic Growth Nexus: A Review of the Literature," Folia Oeconomica Stetinensia, Sciendo, vol. 22(1), pages 172-190, June.
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    6. Fukuda, Shin-ichi & Soma, Naoto, 2019. "Inflation target and anchor of inflation forecasts in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 52(C), pages 154-170.
    7. Aimola Akingbade U. & Odhiambo Nicholas M., 2020. "Public Debt and Inflation: A Review of International Literature," Folia Oeconomica Stetinensia, Sciendo, vol. 20(1), pages 9-24, June.
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    More about this item

    Keywords

    emerging economies; euro; external shocks; inflation; recession;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications

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