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

Marijana Mitrović-Mijatović; Maja Ivanović

doi:10.1515/jcbtp-2017-0015

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

Journal of Central Banking Theory and Practice

Volume 6 (2017): Issue 2 (May 2017)

By: Marijana Mitrović-Mijatović and Maja Ivanović

Open Access

|May 2017

Abstract

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.

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Articles in this issue

DOI: https://doi.org/10.1515/jcbtp-2017-0015 | Journal eISSN: 2336-9205

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Language: English

Page range: 101 - 124

Submitted on: Jan 27, 2017

Accepted on: Apr 10, 2017

Published on: May 22, 2017

Published by: Central Bank of Montenegro

In partnership with: Paradigm Publishing Services

Publication frequency: 3 issues per year

Keywords:

euroisation,

inflation differentials,

real effective exchange rate,

competitiveness

Related subjects:

Business and economics,

Business management,

Business management, other

© 2017 Marijana Mitrović-Mijatović, Maja Ivanović, published by Central Bank of Montenegro
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Volume 6 (2017): Issue 2 (May 2017)