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The impact of exchange rate changes on inflation in the V4 countries in the process of economic transition

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F13%3A00069296" target="_blank" >RIV/00216224:14560/13:00069296 - isvavai.cz</a>

  • Result on the web

    <a href="https://www.vspj.cz/soubory/download/id/2259" target="_blank" >https://www.vspj.cz/soubory/download/id/2259</a>

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    The impact of exchange rate changes on inflation in the V4 countries in the process of economic transition

  • Original language description

    Our contribution focuses on the role of the exchange rate changes in the V4 countries during the transition process towards a market economy. Regarding the variety of exchange rate regimes implemented in the V4 countries at the start of the economic transition, we are especially interested in the degree of exchange rate pass-through to the domestic inflation in these countries. The respective countries followed different exchange rate strategies. The fixed exchange rate regime was applied in Czechoslovakia. Crawling peg was used in Hungary and Poland. And floating and fixed exchange rate with large band were applied in the new century. We have compared the impacts of the different exchange rate regimes on the price sta-bility during the transformationprocess. The effects were examined using country specific SVAR models and corresponding historical shock decompositions. We found out that the exchange rate indeed played important role in the price stability but the specific impact is hi

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AH - Economics

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2013

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Proceedings of the 31st International Conference Mathematical Methods in Economics 2013

  • ISBN

    9788087035764

  • ISSN

  • e-ISSN

  • Number of pages

    6

  • Pages from-to

    1087-1092

  • Publisher name

    College of Polytechnics Jihlava

  • Place of publication

    Jihlava

  • Event location

    Jihlava

  • Event date

    Sep 11, 2013

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article