Inflation in a Fully-Euroised Economy: Could Inflation Differentials Threaten Competitiveness?

This paper analyses inflation in Montenegro, a country which uses euro outside the euro area, and investigates the factors which contribute to price differentials in Montenegro relative to the euro area. Furthermore, the paper examines whether changes in the real effective exchange rates, which in M...

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Main Authors:	Mitrović-Mijatović Marijana, Ivanović Maja
Format:	Article
Language:	English
Published:	Sciendo 2017-05-01
Series:	Journal of Central Banking Theory and Practice
Subjects:	euroisation inflation differentials real effective exchange rate competitiveness e31 e52 f40
Online Access:	https://doi.org/10.1515/jcbtp-2017-0015

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spelling	doaj-2b40c16c2ebc4e7b8f007615fce01d672021-09-06T19:40:26ZengSciendoJournal of Central Banking Theory and Practice2336-92052017-05-016210112410.1515/jcbtp-2017-0015jcbtp-2017-0015Inflation in a Fully-Euroised Economy: Could Inflation Differentials Threaten Competitiveness?Mitrović-Mijatović Marijana0Ivanović Maja1Central bank of MontenegroCentral bank of MontenegroThis paper analyses inflation in Montenegro, a country which uses euro outside the euro area, and investigates the factors which contribute to price differentials in Montenegro relative to the euro area. Furthermore, the paper examines whether changes in the real effective exchange rates, which in Montenegro’s case follow the path of price differentials, may have any influence on country’s competitiveness.https://doi.org/10.1515/jcbtp-2017-0015euroisationinflation differentialsreal effective exchange ratecompetitivenesse31e52f40
collection	DOAJ
language	English
format	Article
sources	DOAJ
author	Mitrović-Mijatović Marijana Ivanović Maja
spellingShingle	Mitrović-Mijatović Marijana Ivanović Maja Inflation in a Fully-Euroised Economy: Could Inflation Differentials Threaten Competitiveness? Journal of Central Banking Theory and Practice euroisation inflation differentials real effective exchange rate competitiveness e31 e52 f40
author_facet	Mitrović-Mijatović Marijana Ivanović Maja
author_sort	Mitrović-Mijatović Marijana
title	Inflation in a Fully-Euroised Economy: Could Inflation Differentials Threaten Competitiveness?
title_short	Inflation in a Fully-Euroised Economy: Could Inflation Differentials Threaten Competitiveness?
title_full	Inflation in a Fully-Euroised Economy: Could Inflation Differentials Threaten Competitiveness?
title_fullStr	Inflation in a Fully-Euroised Economy: Could Inflation Differentials Threaten Competitiveness?
title_full_unstemmed	Inflation in a Fully-Euroised Economy: Could Inflation Differentials Threaten Competitiveness?
title_sort	inflation in a fully-euroised economy: could inflation differentials threaten competitiveness?
publisher	Sciendo
series	Journal of Central Banking Theory and Practice
issn	2336-9205
publishDate	2017-05-01
description	This paper analyses inflation in Montenegro, a country which uses euro outside the euro area, and investigates the factors which contribute to price differentials in Montenegro relative to the euro area. Furthermore, the paper examines whether changes in the real effective exchange rates, which in Montenegro’s case follow the path of price differentials, may have any influence on country’s competitiveness.
topic	euroisation inflation differentials real effective exchange rate competitiveness e31 e52 f40
url	https://doi.org/10.1515/jcbtp-2017-0015
work_keys_str_mv	AT mitrovicmijatovicmarijana inflationinafullyeuroisedeconomycouldinflationdifferentialsthreatencompetitiveness AT ivanovicmaja inflationinafullyeuroisedeconomycouldinflationdifferentialsthreatencompetitiveness
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Inflation in a Fully-Euroised Economy: Could Inflation Differentials Threaten Competitiveness?

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