Showing 1 - 10 of 2,144
Revealing the precise thresholds at which fluctuations in oil prices start to affect gross domestic product and its … oil-importing and oil-exporting countries. Existing studies assessing the effects of oil prices on economic activity … allows for the possibility that oil prices will have a time-varying effect on economic activity. We also employ the …
Persistent link: https://www.econbiz.de/10014527191
In closed or open economy models with complete markets, targeting core inflation enables monetary policy to maximize … is high. We develop an open economy model with incomplete financial markets to show that headline inflation targeting … headline inflation, assigns zero weight to import prices. …
Persistent link: https://www.econbiz.de/10011307888
contagion spillover volatility by focusing on a sample of major oil-exporting and oil-importing countries using daily data from … volatility transmission between oil prices and exchange-rate markets. However, the COVID-19 pandemic and the Russian …. This suggests that volatility contagion between these two markets continues to exist, thus emphasising the role of oil …
Persistent link: https://www.econbiz.de/10014494631
Although cross section relationships are often taken to indicate causation, and especially the important impact of economic growth on many social phenomena, they may, in fact, merely reflect historical experience, that is, similar leader-follower country patterns for variables that are causally...
Persistent link: https://www.econbiz.de/10009730828
The literature on remittances is large and growing. However, its focus has mainly been on the effects of remittance inflows on the receiving economies. Little has been done on the sending economies. In this paper, we use data from Saudi Arabia, one of the top remitting countries in the world, to...
Persistent link: https://www.econbiz.de/10011881574
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 … and exporting countries. Specifically, we analyze the effects of oil prices on the consumer price index using monthly data …
Persistent link: https://www.econbiz.de/10014454468
In the wake of the global energy crisis, many European countries used energy price controls to fight inflation and to …. In addition, during the energy crisis 2022 inflation rates rose dramatically and real wages dropped more than in any …
Persistent link: https://www.econbiz.de/10014545082
We examine the Exchange Rate Volatility (ERV) response to the Economic Policy Uncertainty (EPU) shocks from a panel VAR …
Persistent link: https://www.econbiz.de/10012239005
of households in response to price changes in most years. -- price ; inflation ; equivalent income ; welfare ; linear …
Persistent link: https://www.econbiz.de/10009306839
progessivity (affecting higher income households more) of inflation experienced by households between April 2021 and July 2023 …. Despite a growing literature on the distributional impact of inflation, there is limited evidence on gender differentials. We … gender dimension to assess gender differences in inflation regressivity or progressivity, isolate the average inflation rate …
Persistent link: https://www.econbiz.de/10014495897