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Latest Publications

CASE Network Studies and Analyses No. 404:
Economic and Political Challenges of Acceding to the Euro Zone Area: the Case of Poland

CASE Network Studies and Analyses No. 408:
Knowledge-based Entreprenuership in Poland    

CASE Network Studies and Analyses No. 409:
Knowledge-based entreprenuership in Romania

CASE Network Studies and Analyses No. 407:
Knowledge-based entreprenuership in Estonia

CASE Network Studies and Analyses No. 405:
The Customs Union between Belarus, Kazakhstan and Russia: and Overview of Economic Implicaitons for Belarus 

CASE Network Studies and Analyses No. 403:
Global Food Price Shock and the Poor in Egypt and Ukraine

CASE Network E-brief No. 10/2010:
After the Orange Era: Economic Prospects in Ukraine

CASE Network Studies and Analyses No. 402:
Does the Crisis Experience Call for a New Paradigm in Monetary Policy?

CASE Network Report No. 93:
Modeling Economic, Social and Environmental Implications of a Free Trade Agreement Between the European Union and the Russian Federation

CASE Network E-brief 9/2010:
Euro Crisis or Debt Crisis?  

Polish Economic Outlook:
PEO 1/2010   

CASE Network E-brief 8/2010:Is Inflation a Global Threat?

CASE Network E-brief 7/2010:
Prospects for Future Euro‐Mediterranean Trade

CASE Network E-brief 6/2010:
Oil Money vs. Economic Crisis: The Case of Azerbaijan 

CASE Network Report No. 92:
Challenges and Trajectories of Fiscal Policy and PFM Reform in CEE/CIS 

CASE Network Studies and Analyses No. 401:
Mergers and Acquisitions - The Standing of theory in the Quest for Better Institutions and Policy   

CASE Network Report 91:Pension Reform Options for Russia and Ukraine: A Critical Analysis of Available Options and Their Expected Outcomes

Polish Economic Outlook
4/2009 report

CASE Network E-Brief 05/2010Social security, Labour Market and Restructuring – Russia and Ukraine

CASE Network E-Brief 04/2009Challenges of Post-Crisis Economic Policy in Russia

CASE Network E-Brief 03/2010: The price of delay: the future of Russian and Ukrainian pension systems

CASE Network E-Brief 02/2010:
Tax wedge, labor market and the shadow economy

CASE Networks Studies and Analyses No. 400:
Energy Security in the EU and Beyond   

CASE Network Studies and Analyses No. 399:
Agriculture Income Assessment for the Purpose of Social Assistance: the Case of Ukraine    

CASE Network E-briefs No. 01/2010:
The global recession and energy markets

CASE Network Report No. 90:
Social Security, Labour Market and Restructuring: Current Situation and Expected Outcomes of Reforms

CASE Network E-briefs 12/2009:
From fiscal stimulus to fiscal crisis

CASE Network Studies and Analyses No. 398:
Social Security Driven Tax Wedge and Its Effects On Employment and Shadow Employment

CASE Network Studies and Analyses No. 397:
Restructuring and Social Safety Nets in Russia and Ukraine - Socail Security Influence on Labor Mobility: Possible Opportunities and Challenges

CASE Network Report No. 89:
Economic Integration in the Euro-Mediterranean Region

CASE Network Studies and Analyses No. 396:
Energy security, poverty and vulnerability in Central Asia and the wider European neighborhood

CASE Network Studies and Analyses No. 395:
The East European financial crisis

CASE Network E-briefs No.11/2009:
No, the central banks didn't do it

CASE Network Reports
No. 88

Deep Integrations with the EU and its Likely Impact on Selected ENP countries and Russia

PEO 3/2009
Large Fiscal Deficit in Poland - curse #1

CASE Network Studies and Analyses No. 394
Differentiation of Innovation Behavior of Manufacturing Firms in the New Member States. Cluster Analysis on Firm-Level Data




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Last update
2010-07-13


The Enlargement of EMU: differences in relative inflation

[ January 2004 - June 2005 ]

Co-ordinator:      Lukasz Rawdanowicz
                    
Geographical range: EU 25
                               
Sponsor:       GDN Regional Research Competition, CERGE-EI

Description: The project was carried out by Lukasz Rawdanowicz under a Global Development Network regional research grant program. The project investigated the structural determinants of relative prices (non-tradables vs. tradables) in the context of inflation differentials in the EU. The analysis was based on the theoretical model developed by Bergstrand (1991). This framework incorporates three alternative hypotheses of relative inflation (Harrod-Ballasa-Samuelson, relative factor endowment, and demand effects). In general, econometric estimations provided the support for the Bergstrand model and corroborate the findings of other studies that relative labor productivity and demand factors are important for the determination of relative prices. The final paper from the research delivered to the GDN in May 2005 discusses policy implications for overall inflation stemming from relative price models. Publication of the paper in a refereed journal is planned for the first quarter of 2006.


[ Completed Project ]


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