Republic of Belarus: Selected Issues

August 25, 2006

Preview Citation

Format: Chicago

Republic of Belarus: Selected Issues, (USA: International Monetary Fund, 2006) accessed December 22, 2024

Summary

The analysis of inflation developments in Belarus is hampered by widespread price controls. Persistence of common inflation is generally higher than that of actual inflation. Factor analysis assumes that covariation among time series can be explained by a few unobserved shocks (factors). The dependent variable in our estimations is growth in real GDP per capita in purchasing power parity (PPP) terms, while the explanatory variable of interest is the annual rate of change in the terms of trade.

Subject: Consumer price indexes, Econometric analysis, Factor models, Inflation, International trade, Price controls, Prices, Terms of trade

Keywords: Asia and Pacific, Central Asia, Consumer price indexes, CR, Eastern Europe, Europe, Factor models, Headline CPI inflation, Inflation, Inflation development, Inflation forecast, Inflation persistence, Inflation process, Inflation variability, ISCR, Price controls, Terms of trade, Terms-of-trade fluctuation, Underlying inflation

Publication Details

Pages:

36
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/315
Stock No:

1BLREA2006006
ISBN:

9781451805253
ISSN:

1934-7685

Notes

Also available online in Russian

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