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http://hdl.handle.net/10419/18327
  

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dc.contributor.authorSiliverstovs, Borissen_US
dc.contributor.authorBilan, Olenaen_US
dc.date.accessioned2009-01-28T15:40:51Z-
dc.date.available2009-01-28T15:40:51Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/18327-
dc.description.abstractThe paper explores dynamics of inflation in Ukraine in the period of relative macroeconomic stability. The analysis of interrelationship between inflation, money growth, wage growth, and a proxy for devaluation expectations is based on impulse responses and variance decomposition of a vector autoregression model. We find that changes in devaluation expectations appear to be the most important factor driving price development, while money supply growth has negligible impact on inflation. In addition, our results evidence of high degree of inflation inertia in the economy, which may reflect the specific institutional settings of Ukrainian economy.en_US
dc.language.isoengen_US
dc.publisherDeutsches Institut für Wirtschaftsforschung (DIW) Berlinen_US
dc.relation.ispartofseriesDIW-Diskussionspapiere 476en_US
dc.subject.jelC32en_US
dc.subject.jelE31en_US
dc.subject.jelP24en_US
dc.subject.ddc330en_US
dc.subject.keywordTransition economyen_US
dc.subject.keywordInflationen_US
dc.titleModelling Inflation Dynamics in Transition Economies: The Case of Ukraineen_US
dc.typeWorking Paperen_US
dc.identifier.ppn485656078en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:Publikationen von Forscherinnen und Forschern des DIW
DIW-Diskussionspapiere

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