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The Introduction of the Common Currency in Slovenia

Author

Listed:
  • Festic, Mejra

    (Faculty of Economics and Business, University of Maribor; EIPF - Economic Institute, Ljubljana. Slovenia.)

  • Krizanic, France

    (The Minister of Finance, Republic of Slovenia, Ljubljana. Slovenia)

Abstract

The inflation in the first and half year after the introduction of Euro in Slovenia was of a short-term nature, conditioned also by a favorable economic growth. The cumulative (retail) price level growth was also conditioned by internal factors (a weak competition in certain sectors and an increase in domestic demand) and external factors (some originate from the increase in food and energy product prices on the world market and from relative high GDP growth in Slovenia due to export growth) in the observed time period.

Suggested Citation

  • Festic, Mejra & Krizanic, France, 2011. "The Introduction of the Common Currency in Slovenia," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(1), pages 88-105, March.
    • Handle: RePEc:rjr:romjef:v::y:2011:i:1:p:88-105
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    File URL: http://www.ipe.ro/rjef/rjef1_11/rjef1_2011p88-105.pdf
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    inflation; demand; prosperity; common currency;
    All these keywords.

    JEL classification:

    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • C2 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables

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