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of major OECD countries, including Australia, France, Germany, Japan, the Netherlands, New Zealand, Sweden, the UK and … the USA. Essentially, success in maintaining fiscal discipline lies in maintaining a firm political commitment, and …
Persistent link: https://www.econbiz.de/10009365424
Australia and the United States signed a bilateral trade agreement in 2004. This paper analyses the provisions of the agreement, compares the provisions with other bilateral and multilateral agreements and comments on the modelling that the Australian Government used to estimate the likely...
Persistent link: https://www.econbiz.de/10009363370
. Deepening stresses in public finance management c. Unabated price inflation, and d. Increasing pressure on the balance of …
Persistent link: https://www.econbiz.de/10009493315
The paper examines the impact of recent inflation and financial shocks on the vulnerable, and explores policy design to … reduce both future shocks and vulnerability to shocks. Inflation affects the typical savings cum pension portfolio and the …, which tend to increase with age, aggravate the psychological trauma associated with inflation. The decline of traditional …
Persistent link: https://www.econbiz.de/10009363830
debts combined with a high rate of inflation show a difficult situation US policy makers face. At an international scene …
Persistent link: https://www.econbiz.de/10009363856
We examine determinants of inflation in China. Analyses of both yearonyear and monthonmonth growth data confirm excess … liquidity, output gap, housing prices and stock prices positively affecting inflation. Impulse response analyses indicate that … exchange rates on inflation are relatively weak. Our results suggest that output gap is as important as excess liquidity in …
Persistent link: https://www.econbiz.de/10009363914
macroeconomic developments regarding economic growth, inflation, external balance, the fiscal situation and aggregate savings and …
Persistent link: https://www.econbiz.de/10009363919
This study contributes to the stock returns-inflation relation literature in developing countries by revisiting the … effective hedge against inflation usingmonthly data on real stock return, inflation and real activity from April 1980 to March … real activity; (ii) the negative stock returns-inflation relation emerges fromthe unexpected component of the inflation and …
Persistent link: https://www.econbiz.de/10009365438
This paper investigates the relationship between capital account openness and inflation since the 1980s. It argues that … financial integration and inflation. It tests the prediction of the theoretical model by employing static and dynamic panel data …
Persistent link: https://www.econbiz.de/10009365483
structure of Indian inflation and its measurement are examined. Simulations give the welfare effects of different types of … inflation targeting. Flexible CPI inflation targeting (CIT) without lags works best, especially if the economy is more open. But …, making the supply curve flatter. As long as such intervention is required, domestic inflation targeting (DIT) continues to be …
Persistent link: https://www.econbiz.de/10009365492