Showing 1 - 8 of 8
This study contributes to the stock returns-inflation relation literature in developing countries by revisiting the … provides an effective hedge against inflation using monthly data on real stock return, inflation and real activity from April … reflects future real activity; (ii) the negative stock returns-inflation relation emerges from the unexpected component of the …
Persistent link: https://www.econbiz.de/10004972589
We analyze short-run dynamics of inflation in Ethiopia, using a parsimonious error-correction model fitted with monthly … observations. Our findings show that increased money supply and the nominal exchange rate significantly affect inflation in the … inflation effectively. To circumvent an extreme tightening with discouraging impacts on growth, additional measures are needed …
Persistent link: https://www.econbiz.de/10005062993
, however, show that the explanatory content of the SVAR measure with regard to the acceleration of inflation exceeds that of …
Persistent link: https://www.econbiz.de/10005062995
It is widely believed that moderate and stable inflation rates promote the development process of a country, and hence … economic growth. Moderate inflation supplements return to savers, enhances investment, and therefore, accelerates economic … growth of the country. The main purpose of this study is to study and analyze the relationship between inflation and economic …
Persistent link: https://www.econbiz.de/10005406778
The purpose of this paper is to estimate the money demand function of Cagan (1956) using a panel data set covering 27 countries with different economic levels over the period 1988-98. The static fixed effects and the dynamic fixed effects reveal that a money demand equation exists. However, in...
Persistent link: https://www.econbiz.de/10005406781
The study analyzes the relationship among domestic debt-inflation-domestic debt cost-external debt-external dependency … analyze the relationship between external dependence, domestic and external debt, crises, inflation, cost of domestic and … factors. As our results, increasing political instability has significant explanatory power on inflation. For the periods of …
Persistent link: https://www.econbiz.de/10005607507
should exert a positive effect on macroeconomic outcomes in general and inflation in particular. We re-examine the impact of … such openness on inflation by exploiting a recent index of capital controls which improves on previous binary measures. In …, that in the absence of money growth financial (and trade) openness appear to lower inflation. However, once previous money …
Persistent link: https://www.econbiz.de/10009142592
negative relations between asset returns and inflation are addressed. The generalized impulse response functions are adopted … negative relationship between stock prices and inflation. The level of real economic activity affects stock prices positively …
Persistent link: https://www.econbiz.de/10008642427