Translated title: The Determinants of Inflation Differentials across Central and Eastern European Countries
Authors: Gurbulea, Mihaela ; Horváth, Roman (advisor) ; Geršl, Adam (referee)
Document type: Master’s theses
Year: 2015
Language: eng
Abstract: The thesis aims at identifying the reasons behind the heterogeneous inflation performance of countries across Central and Eastern Europe. The impact of a large number of variables is being assessed in a dynamic panel data model covering 20 countries over the period 2003-2013. The empirical results suggest that cross-country differences in inflation are attributed to the structure of the economy, to the capital deepening effects and openness. Along with the structural factors, cyclical positions also prove to be of particular importance in explaining inflation across the region, since during the last decade most of the Central and Eastern European countries have experienced fast GDP growth, a credit boom and increased domestic demand that in turn fueled inflation.
Keywords: bias-corrected LSDV; Central and Eastern Europe; dynamic panel data model; Inflation differentials

Institution: Charles University Faculties (theses) (web)
Document availability information: Available in the Charles University Digital Repository.
Original record: http://hdl.handle.net/20.500.11956/77683

Permalink: http://www.nusl.cz/ntk/nusl-347202


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Universities and colleges > Public universities > Charles University > Charles University Faculties (theses)
Academic theses (ETDs) > Master’s theses