Showing 1 - 7 of 7
This study evaluates the role market competition plays in determining inflation based on sector-level data from OECD … countries. In theory, trade openness can affect inflation through changes in market competitiveness and productivity … of market competition. This study shows that inflation decreases with greater market competitiveness even after …
Persistent link: https://www.econbiz.de/10010280812
legislation, high union density, centralised wage setting and high inflation. …
Persistent link: https://www.econbiz.de/10010264564
and external imbalances and inflation as relevant determinants of sovereign yields. …
Persistent link: https://www.econbiz.de/10010270876
techniques are applied to monthly inflation series of 21 OECD countries and it is found that average forecasting methods in …
Persistent link: https://www.econbiz.de/10010276222
Central bank independence (CBI) is a very important precondition for price stability. However, the empirical evidence for a correlation between both is relatively weak. In this paper, this weakness is countered with a) an extended measure of monetary commitment, which includes well-known...
Persistent link: https://www.econbiz.de/10010276601
This paper examines the distributional implications of inflation on top income shares in 12 advanced economies using … data over the period 1920-2016. We use Local Projections to analyze how top income shares respond to an inflation shock …, and panel regressions in which all variables are defined as five-year averages to examine the impact of inflation on the …
Persistent link: https://www.econbiz.de/10012837453
Central bank independence (CBI) is a very important precondition for price stability. However, the empirical evidence for a correlation between both is relatively weak. In this paper, this weakness is countered with a) an extended measure of monetary commitment, which includes well-known...
Persistent link: https://www.econbiz.de/10013317032