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The Monetary Regimes And The Inflation Developments In The Central And Eastern European Countries

Author

Listed:
  • Magdalena RADULESCU

    (University of Pitesti, Faculty of Economics, Romania)

  • Doina Elena DASCALU

    (Spiru Haret University, Faculty of Economics, Bucharest, Romania)

Abstract

This paper aims to presents some considerations regarding some specific monetary regimes adopted in the Central and eastern European countries and the developments of the inflation rate in the frame of these monetary regimes (namely the inflation targeting regime and the Monetary Council regime). The analysis covers both the EU accession moments in 2004 and 2007 and the crisis period started in 2008.

Suggested Citation

  • Magdalena RADULESCU & Doina Elena DASCALU, 2016. "The Monetary Regimes And The Inflation Developments In The Central And Eastern European Countries," Scientific Bulletin - Economic Sciences, University of Pitesti, vol. 15(1), pages 3-15.
    • Handle: RePEc:pts:journl:y:2016:i:1:p:3-15
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    References listed on IDEAS

    as
    1. Yifan Hu, 2003. "Empirical Investigations of Inflation Targeting," Working Paper Series WP03-6, Peterson Institute for International Economics.
    2. Adam Geršl & Tomáš Holub, 2006. "Foreign Exchange Interventions Under Inflation Targeting: The Czech Experience," Contemporary Economic Policy, Western Economic Association International, vol. 24(4), pages 475-491, October.
    3. Guy Debelle & Miguel A Savastano & Paul R Masson & Sunil Sharma, 1998. "Inflation Targeting as a Framework for Monetary Policy," IMF Economic Issues 15, International Monetary Fund.
    4. Jakub Borowski & Michal Brzoza- Brzezina & Piotr Szpunar, 2003. "Exchange Rate Regimes and Poland's Participation in ERM II," Macroeconomics 0302002, University Library of Munich, Germany.
    5. Guy Debelle & Mr. Miguel A Savastano & Mr. Paul R Masson & Mr. Sunil Sharma, 1998. "Inflation Targeting as a Framework for Monetary Policy," IMF Economic Issues 1998/005, International Monetary Fund.
    6. Mr. Scott Roger & Mr. Mark R. Stone, 2005. "On Target? the International Experience with Achieving Inflation Targets," IMF Working Papers 2005/163, International Monetary Fund.
    7. Jiri Jonas & Frederic S. Mishkin, 2003. "Inflation Targeting in Transition Countries: Experience and Prospects," NBER Working Papers 9667, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Inflation targeting; Monetary Council; Central and Eastern European countries.;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

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