Showing 1 - 10 of 17
is little evidence regarding its impact on inflation. In this study, the nexus between corruption and inflation was … investigated for 20 countries over the period 1995-2015. Estimation results indicated that high corruption increased inflation … rates, and that there was a unidirectional causal relationship from corruption to inflation for ten countries in the sample. …
Persistent link: https://www.econbiz.de/10012009802
As in many transition economies, Vietnam has experienced a multiple exchange rate system with three exchange rates having co-existed. This paper uses the Vector-Error-Correction model and the Granger tests to investigate the relationship between the official and black market exchange rates from...
Persistent link: https://www.econbiz.de/10012009857
Models of inflation usually have monetary policy affecting the economy through either an interest rate channel or a … and monetary channels must be seen as complementary, joint indicators of inflation and must both be incorporated into … models of inflation. A formal representation of price level determination and behaviour in this two-agent framework is …
Persistent link: https://www.econbiz.de/10014523889
One of the most interesting questions for policymakers which have emerged from the financial crisis deals with the strength of links between the demand and supply sides of the economy. The traditional view that only cyclical policies influence the former, and structural policies the latter has...
Persistent link: https://www.econbiz.de/10014524305
low inflationary environment than in countries with floating exchange rate regimes and high inflation levels. Pass …
Persistent link: https://www.econbiz.de/10013199518
policies in these periods with respect to monetary stability, inflation, and growth challenges. The paper presents an analysis …
Persistent link: https://www.econbiz.de/10013199561
The Bolivian inflation process is analyzed utilizing a time-varying univariate and multivariate Markov-switching model … (TMS). With monthly data and, beginning in the late 1930s, inflation is accurately described by a univariate TMS. The … intercept for the high-inflation regime is significantly higher than for the low-inflation regime and the actual inflation rate …
Persistent link: https://www.econbiz.de/10013199775
in the short run, mobile money usage is positively affected by inflation while financial innovation, exchange rate … positively affected by economic activity, inflation and the COVID-19 pandemic crisis while mobile money customer balances …
Persistent link: https://www.econbiz.de/10013199789
the inflation-unemployment dynamics during the recession and COVID-19 times in India and the UK. Using a generalized … recession and eventually turn to stagflation in India due to inflation caused by the weak supply side. However, in the UK, the …
Persistent link: https://www.econbiz.de/10013199811
inflation, trade flows, capital inflow, capital account transactions, reserve accumulation, global liquidity (e.g., global broad … money), and monetary aggregates, with regard to Indonesia's GDP variables and inflation. This paper uses threshold vector … identified two groups of upper regime and lower regime world variables-namely, world inflation, world GDP, and world commodity …
Persistent link: https://www.econbiz.de/10013199900