Prices in the Transition: Ten Stylized Facts
Organization for Economic Co-Operation and Development (OECD)
affiliation not provided to SSRN
IMF Working Paper No. 97/158
The overall price level increased sharply in transition countries once prices were freed. Disinflation has most frequently been gradual, with prices continuing to rise rapidly in subsequent years. This paper identifies the well-known and lesser-known features of inflationary processes in central and eastern Europe, the Baltics, Russia, and other countries of the former Soviet Union on the basis of a sample of 26 countries and observations spanning the first five to seven years of transition.
Number of Pages in PDF File: 31
Keywords: Inflation, prices, transition
JEL Classification: E31, P22, R32working papers series
Date posted: February 15, 2006
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo6 in 0.453 seconds