Monetary Policy Transmission, Interest Rate Rules and Inflation Targeting in Three Transition Countries

Autor: Roberto Golinelli, Riccardo Rovelli

Publikováno v: Rovelli, Riccardo ; Golinelli, Roberto (2001) Monetary Policy Transmission, Interest Rate Rules and Inflation Targeting in Three Transition Countries. Bologna: Dipartimento di Scienze economiche DSE, p. 37. DOI 10.6092/unibo/amsacta/4869 . In: Quaderni-Working Paper DSE (429). ISSN 2282-6483.
Golinelli, Roberto ; Rovelli, Riccardo (2001) Monetary policy transmission, interest rate rules and inflation targeting in three transition countries. DOI 10.6092/unibo/amsacta/656 .

In 1991, the rate of inflation in the Czech Republic, Hungary and Poland was between 35% and 70%. At the end of 2001, it is below 8%. We setup a small structural macro model of these economies to explain the process of disinflation. Contrary to a wid

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http://www.ezoneplus.org/archiv/ezoneplus_wp_ten.pdf

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