Showing 1 - 10 of 36
and beyond the determinants of currency invoicing (i.e., inflation rate, inflation volatility, foreign exchange market … by a drop in inflation volatility. -- euro ; invoicing currency ; exchange rate risk ; inflation ; inflation risk …
Persistent link: https://www.econbiz.de/10003969238
compares price inflation before the crisis with the necessary and actual price cuts that have taken place since the outbreak of … the crisis, predicting a decade of stagnation for the south and inflation for the north. Keynesian demand policy is … steered to uses they are keen to avoid. -- competitiveness ; inflation ; realignment ; Keynesian policy …
Persistent link: https://www.econbiz.de/10009691625
the shift towards reduced inflation regimes in our sample of countries. Finally, we notice that the distinction between …
Persistent link: https://www.econbiz.de/10010518820
We employ two-stage empirical strategy to analyze the impact of macroeconomic news and central bank communication on the exchange rates of three Central and Eastern European (CEE) currencies against the euro. First we estimate the nominal equilibrium exchange rate based on a monetary model....
Persistent link: https://www.econbiz.de/10009764449
This study seeks to determine the extent to which the former communist states of Central and South-West Asia are "infected" by the Dutch Disease. We take a detailed look at the functioning of the transmission mechanism of the Dutch Disease, i.e. the chains that run from commodity prices to real...
Persistent link: https://www.econbiz.de/10009727074
sensitivity of import prices has not fallen since 1999. We also point out a significant role played by the inflation in the … inflation environment. Overall, our findings support the view that the extent of pass-through is comprised of both macro- and …
Persistent link: https://www.econbiz.de/10011611289
This paper examines the causal effects of shifts in international food commodity prices on euro area inflation dynamics …%-30% of inflation volatility. In addition, large autonomous swings in international food prices contributed significantly to … the twin puzzle of missing disinflation and missing inflation in the era after the Great Recession. Specifically, without …
Persistent link: https://www.econbiz.de/10011931321
We examine the relationship between inflation and fiscal sustainability with a two-step approach. In the first step, we … various measures of inflation such as headline inflation, core inflation, energy inflation, and food inflation affect the … estimate of fiscal sustainability found previously. Our findings indicate that higher inflation rates contribute positively to …
Persistent link: https://www.econbiz.de/10014444867
area inflation ; heterogeneity ; panel VAR model …
Persistent link: https://www.econbiz.de/10003871916
In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output …
Persistent link: https://www.econbiz.de/10009162091