Showing 1 - 10 of 468
This paper provides an overview of inflation developments in Vietnam in the years following the doi moi reforms, and … uses empirical analysis to answer two key questions: (i) what are the key drivers of inflation in Vietnam, and what role … does monetary policy play? and (ii) why has inflation in Vietnam been persistently higher than in most other emerging …
Persistent link: https://www.econbiz.de/10013078381
This study establishes a framework for analyzing the major determinants of inflation in the Islamic Republic of Iran …, and goods. Results strongly support the need for a sustained prudent monetary policy in order to reduce inflation and … inflation that, in turn, intensifies asset substitution (from money to foreign exchange), thereby weakening real demand for …
Persistent link: https://www.econbiz.de/10013317882
The COVID-19 pandemic altered consumption patterns significantly in a short period of time. However, official inflation … Germany, we document how consumption patterns changed and we quantify the resulting inflation bias. We find that consumers … experienced a higher level of inflation at the beginning of the pandemic than what a fixed-weight inflation (or the official …
Persistent link: https://www.econbiz.de/10014238519
variables move over time and analyzes how they influence macroeconomic variables such as economic growth, inflation, savings and … investment, and fiscal balances, from an empirical perspective. Based on empirical findings - particularly regarding inflation …
Persistent link: https://www.econbiz.de/10013031167
Sweden is experiencing double-digit housing price gains alongside rising household debt. A common interpretation is that mortgage lending boosted by expansionary monetary policy is driving up house prices. But theory suggests the value of housing collateral is also important for household's...
Persistent link: https://www.econbiz.de/10012996083
policy is not consistent with achieving low inflation or a stable unified exchange rate. The real shocks generate higher … growth and lower inflation, suggesting that supply-side policies are consistent with the goals in the Islamic Republic of …
Persistent link: https://www.econbiz.de/10012782611
weaker. Statistical relationships break down of the outset of high inflation …
Persistent link: https://www.econbiz.de/10012783117
Using a new firm-level dataset with comprehensive information on Asian firms' FX liabilities, we show that Asia's nonfinancial corporate sector is vulnerable to a tightening of global financial conditions. Higher global interest rates and exchange rate depreciation increase the probability of...
Persistent link: https://www.econbiz.de/10012868463
relationship of various measures of money and inflation. After demonstrating that previous naïve correlations between money and … inflation as established in the 20th century literature have largely disappeared, we explain why this cannot be taken as support …
Persistent link: https://www.econbiz.de/10013243075
This paper examines whether high government debt levels pose a challenge to containing inflation. It does so by … assessing the impact of government debt surprises on inflation expectations in advanced- and emerging market economies. It finds … that debt surprises raise long-term inflation expectations in emerging market economies in a persistent way, but not in …
Persistent link: https://www.econbiz.de/10014353543