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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
Notwithstanding incumbency advantages and network effects enjoyed by the United States (US) dollar, considerations about the stability of its value have led Asian countries to fear they are holding their foreign exchange reserves in a depreciating currency. At the same time, it pays for the...
Persistent link: https://www.econbiz.de/10009653196
Notwithstanding incumbency advantages and network effects enjoyed by the United States (US) dollar, considerations about the stability of its value have led Asian countries to fear they are holding their foreign exchange reserves in a depreciating currency. At the same time, it pays for the...
Persistent link: https://www.econbiz.de/10009653216
exchange rate pegging outperforms domestic producer price index inflation targeting at high degrees of intratemporal elasticity … pegging outperforms domestic or consumer price index inflation targeting if the exchange rate is misaligned. …
Persistent link: https://www.econbiz.de/10011278052
exchange rate pegging outperforms domestic producer price index inflation targeting at high degrees of intratemporal elasticity … pegging outperforms domestic or consumer price index inflation targeting if the exchange rate is misaligned. …
Persistent link: https://www.econbiz.de/10011278151
commentators asserting that low household saving is a major cause of these deficits. Yet, in standard macroeconomic theory, both …
Persistent link: https://www.econbiz.de/10009365487
. 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
macroeconomic developments regarding economic growth, inflation, external balance, the fiscal situation and aggregate savings and …
Persistent link: https://www.econbiz.de/10009363919