the naive one by a factor of 2 to 3. The relationships for inflation were successfully tested for cointegration. We have … and lagged relationships between the rates of inflation, unemployment, and change in labour force. For France, several … relationships were estimated eight years ago. The change rate of labour force was used as a driving force of inflation and …

A linear and lagged relationship between inflation, unemployment and labor force change rate, π(t)=A0UE(t-t0)+A1dLF … and 2004. The relationship is tested for cointegration. All three variables involved in the relationship are proved to be … integrated of order one. Two methods of cointegration testing are used. First is the Engle-Granger approach based on the unit …

Previously, a linear and lagged relationship between inflation and labor force change rate, π(t)= A1dLF(t-t1)/LF(t-t1 … (RMFSE) of 0.8% at a two-year horizon for the period between 1965 and 2002 (the best among other inflation forecasting models …) and has a perfect parsimony - only one predictor. The relationship is tested for cointegration. Both variables are …

The aim of this article is to assess the empirical evidence of the nexus between public expenditure and inflation for …(2) process. Moreover, we find a long-run relationship between the growth of public expenditure and inflation only for … inflation for Cyprus, Malta and Spain; of a bidirectional flow for Italy; and from inflation to public expenditure for France …

, we applied ARDL bounds testing approach to cointegration and robustness of ARDL approach is examined through Johansen and … consumers’ prices and inflation. This gives an indication to the Indian policy analysts to control for factors affecting WPI in …

The Fisher effect postulated that real interest rate is constant, and that nominal interest rate and expected inflation … interest rate and inflation rate while rejecting the notion of a full Fisher Effect. The dynamic relationship between nominal … interest rate and inflation rate is also examined from the error-correction models derived, and the analysis is extended to …

inflation and its determinants were examined usig the Augmented Engle-Granger (AEG) cointegration test and Error Correction …The study critically analyzed the dynamic and simultaneous inter-relationship between inflation and its determinants in … root test and the result reveals that inflation rate, growth rate of real output and money supply, and real share of Fiscal …

to raise them, it is necessary to study how these price levels affect to inflation rate and output growth. Oil prices …, inflation and interest rates and Gross Domestic Product historical data are collected for contegration analysis. Forward …

This paper analyzes the transmission of inflation across the five largest economies in the European Monetary Union, i ….e. France, Germany, Italy, Netherlands and Spain. We use monthly CPI inflation rates for the period 1970-2006. Given the long … changes in inflation dynamics in these countries using univariate Markov-switching models. To assess the inflation …