Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/217622 
Year of Publication: 
2017
Citation: 
[Journal:] Journal of Central Banking Theory and Practice [ISSN:] 2336-9205 [Volume:] 6 [Issue:] 2 [Publisher:] De Gruyter Open [Place:] Warsaw [Year:] 2017 [Pages:] 101-124
Publisher: 
De Gruyter Open, Warsaw
Abstract: 
This paper analyses inflation in Montenegro, a country which uses euro outside the euro area, and investigates the factors which contribute to price differentials in Montenegro relative to the euro area. Furthermore, the paper examines whether changes in the real effective exchange rates, which in Montenegro's case follow the path of price differentials, may have any influence on country's competitiveness.
Subjects: 
euroisation
inflation differentials
real effective exchange rate
competitiveness.
JEL: 
E31
E52
F40
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

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