Czech Republic : Selected Issues

Author/Editor:

International Monetary Fund

Publication Date:

May 22, 1998

Electronic Access:

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Summary:

This Selected Issues paper examines recent developments in inflation and its key determinants in the Czech Republic, with particular focus on the role of wages. A simple analytical framework is presented that relates inflation to wages, import prices, and money, and the interaction of inflation with these variables is then examined empirically in the context of a vector autoregression model. The findings confirm the critical influence of wages, exchange rate changes, and money growth. The paper also analyzes developments in the public finance.

Series:

Country Report No. 98/36

Subject:

English

Publication Date:

May 22, 1998

ISBN/ISSN:

9781451810011/1934-7685

Stock No:

1CZEEA0011998

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

158

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