Showing 1 - 10 of 3,042
In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … dynamic panel including annual data for 119 countries over the period 1970-2010, and also carry out multivariate Granger … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output …
Persistent link: https://www.econbiz.de/10009162091
The recent surge in inflation led many unions and firms to alter their bargaining and wage-setting policies. Using … during periods of high and low inflation. We find state dependence along the extensive and intensive margins: the average … complement these findings with newly compiled union-level panel data on collective bargaining outcomes. We show that the observed …
Persistent link: https://www.econbiz.de/10015057673
We study how domestic and global output gaps affect CPI inflation. We use a New-Keynesian Phillips curve framework … which controls for nonlinear exchange rate movements for a panel of 26 advanced and 22 emerging economies covering the 1994Q …1-2017Q4 period. We find broadly that both global and domestic output gaps are significant drivers of inflation both in …
Persistent link: https://www.econbiz.de/10011929651
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
We examine the economic and social determinants of suicide mortality in a panel of 25 OECD countries over the period …
Persistent link: https://www.econbiz.de/10010375378
We revisit the relationship between financial development and economic growth in a panel of 52 middle income countries … over the 1980-2008 period, using pooled mean group estimator in a dynamic heterogeneous panel setting. We show that …
Persistent link: https://www.econbiz.de/10010340261
Performing a panel data analysis for OECD countries, during the period between 1990 and 2019, this article investigates …
Persistent link: https://www.econbiz.de/10013473321
. We implement panel threshold techniques to explore the possible regime shifts in the environmental quality. Our results …
Persistent link: https://www.econbiz.de/10014632364
inflation by using a Nonlinear ARDL (NARDL) model, which is compared to a benchmark linear ARDL one. Using monthly data from the …, especially negative ones, have a stronger impact on inflation than OPU ones and capture some of the monetary policy uncertainty …, thereby reducing the direct effect of interest rate changes on inflation. Since EPU shocks reflect, at least to some extent …
Persistent link: https://www.econbiz.de/10013543029
Is inflation (still) a global phenomenon? We study the international co-movement of inflation based on a dynamic factor … explains approximately 58% of the variation in headline inflation across all countries and over 72% in OECD economies. The … explanatory power of global inflation is equally high in a shorter sample spanning the time since 2000. Core inflation is also …
Persistent link: https://www.econbiz.de/10014551069