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macroeconomic performance can be improved, in terms of stability in inflation and output, when a simple Taylor rule is adopted. In … this regard the parameter values (especially the inflation target) in the rule must be set according to the conditions of …
Persistent link: https://www.econbiz.de/10009365462
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
of June and July. Moreover, costs of raw materials, cost of energy and inflation are the main determinants of price … of the firms index their workers wages with inflation and past inflation rate is usually used for the purpose. Labour … productivity and changes in inflation rate are found to be the main causes of wage change. …
Persistent link: https://www.econbiz.de/10009364002
best and most well-known indicator of inflation, which is further used for evaluating the monetary and fiscal policy of a … national income accounts, purchasing power parity index, inflation incidence for different income groups of population, impact … of inflation on demographic composition of the population. Any measurement error in CPI may overstate or understate …
Persistent link: https://www.econbiz.de/10009365484
stabilize the economic cycle and achieve stable and low inflation. The evidence suggests that macroeconomic policy can …
Persistent link: https://www.econbiz.de/10011278107
stabilize the economic cycle and achieve stable and low inflation. The evidence suggests that macroeconomic policy can …
Persistent link: https://www.econbiz.de/10011278160
stabilize the economic cycle and achieve stable and low inflation. The evidence suggests that macroeconomic policy can …
Persistent link: https://www.econbiz.de/10011278217
New lessons, challenges, and debates have emerged from the subprime crisis in the United States. While the macroeconomic orientation is not new and has always been among the classic toolkits of central banks for ensuring financial stability, the current explicit articulation and specification of...
Persistent link: https://www.econbiz.de/10009651640
New lessons, challenges, and debates have emerged from the subprime crisis in the United States. While the macroeconomic orientation is not new and has always been among the classic toolkits of central banks for ensuring financial stability, the current explicit articulation and specification of...
Persistent link: https://www.econbiz.de/10009651651
Reform of financial regulation is a priority on the international agenda. At the call of the Group of Twenty Finance Ministers and Central Bank Governors (G-20), a number of new international standards have been issued, most notably Basel III. As a member of the G-20, the Financial...
Persistent link: https://www.econbiz.de/10009652192