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Our aim in this paper is to test the robustness of the relation between total factor productivity growth and inflation … period 1964-1980. The results confirm that the acceleration of inflation from 1964-1972 to 1973-1980 reduced total factor … effect of inflation is separated from the effects of technical change and economies of scale, the choice of functional form …
Persistent link: https://www.econbiz.de/10005412823
The empirical evidence suggests that there is a significant, negative relationship between inflation and economic …. Therefore the technology of the financial sector influences the velocity of money, and consequently, how inflation affects … generates an inflation-growth effect whose magnitude falls in the range found by the empirical studies. Moreover, in contrast to …
Persistent link: https://www.econbiz.de/10005556071
equities fail the test as inflation hedges, as had been quite widely believed, but that they take so long to pass. …
Persistent link: https://www.econbiz.de/10005124935
de 1960 à 2002. L'étude empirique a été fait en panel et aussi aux séries temporelles. On étudie un espace économique …
Persistent link: https://www.econbiz.de/10005407677
sur données de PANEL à travers 37 économies représentant les pays des zones PECO et MENA. Il s’ensuit de cette analyse …
Persistent link: https://www.econbiz.de/10005412702
considerably among them selves as well as with regard to the rest of the world, in terms of resources endowment, structure of …
Persistent link: https://www.econbiz.de/10005556730
Empirical research based on panel data has to pay special attention to measurement errors. Utility maximization often …
Persistent link: https://www.econbiz.de/10005119368
A model is used to study the impact of ownership on productivity and wages. Data on private and public manufacturing in Turkey during the 1950-1998 period indicate that productivity is higher in the private sector.There is a close relationship between wages and productivity in the private...
Persistent link: https://www.econbiz.de/10005561408
El tema de la inflación ha sido uno de los más debatidos en los últimos meses. Los incrementos de precios registrados en el primer trimestre de 2005 han avivado la discusión. Este trabajo muestra que el problema está lejos de estar fuera de control y que determinadas medidas de política...
Persistent link: https://www.econbiz.de/10005076625
This paper examines, in the context of future EMU membership of the Central and Eastern European countiries (CEECs), the interaction between fiscal policy and the price level in different exchange rate regimes. The theoretical framework is based on the Fiscal Theory of the Price Level (FTPL)....
Persistent link: https://www.econbiz.de/10005076688