期刊名称:Central European Journal of Economic Modelling and Econometrics
印刷版ISSN:2080-0886
电子版ISSN:2080-119X
出版年度:2010
期号:2
页码:315-349
语种:English
出版社:Polska Akademia Nauk
摘要:The abrupt depreciation of the zloty during the subprime crisis and fast- rising prices are serious problems, because Poland, having to fulfil five Maastricht criteria, makes the dependence of her domestic inflation on price increases in the EU countries the central point of the discussion about the optimal monetary and fiscal policy rules for the next few years. The primary objective of the paper is to test out some hypotheses about the main sources of the volatility of the Polish zloty / euro exchange rate and inflation in Poland. Because several competing theoretical models describing inflationary processes are widely used, special attention is paid to their empirical verification. The working-hypotheses allowing for the country-specific features of the consumer and producer price inflation are formulated and verified in the paper.