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Republic of Lithuania Selected Issues

This Selected Issues paper looks at short-term inflation dynamics in the new member states (NMS) of the European Union, focusing on the role of monetary policy regimes. It models the determinants of inflation in the NMS and assesses how different theoretical frameworks best fit the data. The paper i...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2005
Series:IMF Staff Country Reports
Subjects:
Inflation
Income
Current Account
Short-term Capital Movements
Monetary Economics
Currency; Foreign Exchange
Personal Income
Deflation
Current Account Adjustment
Balance Of Payments
Exports And Imports
International Economics
International Lending And Debt Problems
Debts, External
National Accounts
Personal Income, Wealth, And Their Distributions
Foreign Exchange
Price Level
Prices
Macroeconomics
Money And Monetary Policy
Current Account Deficits
Currency Boards
Lithuania, Republic Of
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This Selected Issues paper looks at short-term inflation dynamics in the new member states (NMS) of the European Union, focusing on the role of monetary policy regimes. It models the determinants of inflation in the NMS and assesses how different theoretical frameworks best fit the data. The paper investigates the macroeconomic performance of currency boards within the group of NMS, evaluates their role in reducing inflation, and identifies some of their distinctive characteristics. The paper also examines the current account sustainability for Lithuania
Physical Description:33 pages
ISBN:9781451824100

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