and homeownership. Using an instrumental variable strategy, we find a substantial positive impact of language skills on …

; regulation, zoning and population changes; but also - macroeconomic variables, such as interest rates, inflation and economic … the cases. Renting is preferential on very low relative prices, very high real return or inflation. This pathway - from …

This paper explores the stability of the relation between money demand for M3 and inflation in the euro area by … including the recent period of the financial crisis. Evidence is based on a cointegration analysis, where inflation and asset … inflation are identified. The results indicate that the equilibrium evolution of M3 is still in line with money demand. In the …

purpose, based on some potential causes of inflation, an empirical model is contructed upon emphasizing the roles of various … factors on inflationary process. The results obtained support the view of cost-push inflation led by exchange rate … the inflation structure. These all might also be given as evidence to that the cost-push rather than demand-pull factors …

This study examines the dynamics and determinants of inflation in the Ottoman Empire during the 1586-1913 period. There … might be two main reasons for inflation: fiscal expansion and monetary expansion where the monetary expansion could be … explain the change in the inflation dynamics. In particular, we considered the war years, periods of Ottoman history which …

In this paper, Turkish high and persistent inflation experience and its impact on inflation uncertainty and growth have … been investigated. GARCH models are used to generate a measure of inflation uncertainty and quarterly data covers the … period of 1987:1-2003:3. According to the results from this study, inflation and inflation uncertainty are of negative …

evaluated with respect to the relevant institutional rules. The model predicts that while both inflation and budget deficits are … independence. This result obtains due to optimizing agents who internalize the burden of spending: inflation. Although not …

. After deriving the restrictions that the Barro and Gordon model imposes on a time series model for inflation and output, we … show that the time inconsistency problem can explain both the short-run and the long-run behaviour of inflation and output …