https://hdl.handle.net/10419/48 2026-11-12T16:41:02Z 2026-11-12T16:41:02Z Danišková, Katarína Fidrmuc, Jarko https://hdl.handle.net/10419/57818 2023-11-04T02:41:54Z 2011-01-01T00:00:00Z

Title: Inflation convergence and the new keynesian phillips curve in the Czech Republic Authors: Danišková, Katarína; Fidrmuc, Jarko Abstract: The New Keynesian Phillips Curve has become an important part of modern monetary policy models. It describes the relationship between inflation and real marginal cost, which is derived from micro-founded models with rational expectations, sticky prices, and forward and backward looking behaviour. This answers the previous critique of the Phillips Curve. We estimate several specifications of the New Keynesian Phillips Curve for the Czech Republic between 1996 and 2009. We show that the GMM suffers under the problem of weak instruments leading to biased estimates. In turn, the FIML is robust and yields significant estimates of structural parameters implying a strong forward looking behaviour.

2011-01-01T00:00:00Z Dimova, Ralitza Gang, Ira N. Gbakou, Monnet Hoffman, Daniel https://hdl.handle.net/10419/57791 2023-11-17T02:19:16Z 2011-01-01T00:00:00Z

Title: Can economic crises be good for your diet? Authors: Dimova, Ralitza; Gang, Ira N.; Gbakou, Monnet; Hoffman, Daniel Abstract: With fortuitously timed data - collected before, during and after a major macro-financial crisis in Bulgaria - we revisit several hypotheses in the economics and nutritional literature related to the tendency of households to smooth their nutritional status over time. We explore the dietary impact of both falling real incomes in the context of hyperinflation and crisis and changing relative prices and the changing responsiveness of different groups of people to these incomes and prices over six year of fundamental structural reforms of the economy. Our results highlight large and dramatically changing food and nutrient elasticities, which challenge the perception of household ability to smooth their nutrient stream during economic crises and transitions.

2011-01-01T00:00:00Z Aristei, David Perugini, Cristiano https://hdl.handle.net/10419/57788 2023-11-26T02:34:04Z 2011-01-01T00:00:00Z

Title: Speed and sequencing of transition reforms and income inequality: A panel data analysis Authors: Aristei, David; Perugini, Cristiano Abstract: An extensive literature has analysed the economic effects of transition patterns in Central and Eastern European and former Soviet Union countries. With few recent exceptions, analysis of the impacts of speed and sequencing of reforms has not concerned the dynamics of income inequality. In this paper we analyse the heterogeneous effects of transition reforms on inequality by explicitly considering their speed and sequencing. To this aim we identify seven transition models in which the 27 countries considered can be classified. The dynamic panel econometric analysis for the period 1989-2006 reveals that balanced transition patterns, which favoured a coordination of reforms especially in specific fields, were relatively less pro-inequality.

2011-01-01T00:00:00Z Dietz, Barbara Gatskova, Kseniia https://hdl.handle.net/10419/57809 2023-12-30T02:35:05Z 2011-01-01T00:00:00Z

Title: Migration and remittances in Kazakhstan: Survey technical report Authors: Dietz, Barbara; Gatskova, Kseniia Abstract: This paper presents the technique of a household survey on migration and remittances in Kazakhstan which was conducted between October and December 2010. Based on a random route sampling strategy 2,227 households were interviewed in the cities Almaty, Astana, Karaganda and Pavlodar. The core part of this paper is devoted to a discussion of the survey's methodology and the questionnaire design. Furthermore, it is shown how interviewer training and quality control were implemented. Finally, a short overview over the characteristics of respondents and surveyed households is given.

2011-01-01T00:00:00Z