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and external imbalances and inflation as relevant determinants of sovereign yields. -- long-term yields ; panel …
Persistent link: https://www.econbiz.de/10008653417
Persistent link: https://www.econbiz.de/10003662094
With fixed costs of price and quantity adjustment, output effects of inflation depend on the elasticity of the firm …'s marginal real revenue. If the elasticity always exceeds minus unity, then output decreases with inflation, while if the … elasticity is always less than minus unity, then output increases with inflation. In the special case that the elasticity always …
Persistent link: https://www.econbiz.de/10003121028
the traditional results on the impact of inflation. In particular, recent findings suggest that quantity-adjustment costs … may remove the linkage between output and inflation. We show that this is not the case when inflation is anticipated. On …
Persistent link: https://www.econbiz.de/10009781569
This paper investigates the impact of oil price variations on sectoral inflation for a sample of 10 top oil importing … price on inflation tends to change across sectors and countries. Second, the inflationary effects of variations in oil …
Persistent link: https://www.econbiz.de/10014451998
We examine the Exchange Rate Volatility (ERV) response to the Economic Policy Uncertainty (EPU) shocks from a panel VAR perspective used for the first time in this context. Focusing on Emerging Market Economies (EME), our noteworthy findings postulate that (a) both home and foreign EPU shocks...
Persistent link: https://www.econbiz.de/10012195928