Showing 1 - 10 of 13
We find that inflation did not unanimously decrease savings in the US during the postwar period. This result is …
Persistent link: https://www.econbiz.de/10010261403
find evidence of its linchpin prediction that is not limited to periods of high inflation. …
Persistent link: https://www.econbiz.de/10010276869
The effect of a permanent change of inflation on the distribution of wealth is analyzed in a general equilibrium OLG … of inflation results in a lower stock market participation rate; in addition, the distribution of wealth becomes more … anticipated inflation are considerably lower than in Imrohoroglu (1992). …
Persistent link: https://www.econbiz.de/10010315656
We present new empirical evidence for the US economy that inflation reduces the inequality of the earnings distribution … higher inflation on income distribution is shown to be rather small. However, we find that a longer duration between two …
Persistent link: https://www.econbiz.de/10010315708
directly on the relationship between the rate of change of the money stock and inflation. We believe that this is an inferior … instrument for the long-run control of inflation. An important finding that contradicts all of the previous literature is that … the QTM holds for low inflation as well as for high inflation. We discuss how our findings relate to monetarism generally …
Persistent link: https://www.econbiz.de/10010281041
(China, India, Russia, Brazil) on the other. …
Persistent link: https://www.econbiz.de/10010264483
. We calibrate such a model to China's trade with the rest of the world and explore two country tariff games using 2005 …
Persistent link: https://www.econbiz.de/10010264539
China's growth strategy as set out in the 11th 5-year plan in 2005 called for upgrading of product quality, the … with this policy, China has been involved in recent years with the development of a Chinese standard in third generation (3 … experience raises issues for China's future development strategy based on product and process upgrading in manufacturing. We …
Persistent link: https://www.econbiz.de/10010264550
low wage rapidly growing countries in the BRIC group (Brazil, Russia, India, China) and the groups of countries as a sub …
Persistent link: https://www.econbiz.de/10010266044
We document key features of the deepening economic relationship between Brazil and China. This is evident from sharply … international fora. Data presented show bilateral trade between Brazil and China surging after 2001 and China is now Brazil … rates suggest that China will become the dominant trade partner for Brazil surprisingly soon. …
Persistent link: https://www.econbiz.de/10010274919