0395372 20240103202848.820130911235959.9 Changes in Inflation Dynamics under Inflation Targeting? Evidence from Central European Countries 4 s. cav_un_epca*03707741803-7089Economic Research Bulletin111 (2013)2-5 Inflation Dynamics Inflation Targeting? cav_un_auth*0231592 Baxa Jaromír Ekonometrie Department of Econometrics E E UTIA-B Department of Econometrics Ústav teorie informace a automatizace AV ČR, v. v. i. cav_un_auth*0293551 Plašil M. CZ cav_un_auth*0257114 Vašíček B. CZ http://library.utia.cas.cz/separaty/2013/E/baxa-0395372.pdf Understanding the nature of short-term inflation dynamics poses a major challenge for monetary policy. The traditional Phillips curve postulated that there is a stable trade-off between inflation and economic activity. Consequently, taming inflation was deemed to be costly in terms of output loss. 2014 AH 3 RVO:67985556 http://hdl.handle.net/11104/0223474 2013 cav_un_epca*0370774 Economic Research Bulletin 1803-7089 Roč. 11 č. 1 2013 2 5