Core inflation in a small transition country: choice of optimal measures
Several non-monetary (mainly supply) factors affect prices in the short-run. It is widely acknowledged that in countries (especially countries in transition), where the price level is highly volatile and seasonal, it is not expedient for central banks to use official inflation index while formulatin...
Main Author: | Gagik G. Aghajanyan |
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Format: | Article |
Language: | English |
Published: |
Università Carlo Cattaneo LIUC
2005-06-01
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Series: | The European Journal of Comparative Economics |
Subjects: | |
Online Access: | http://eaces.liuc.it/18242979200501/182429792005020105.pdf |
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