Showing 1 - 10 of 110
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
High and volatile inflation has been an endemic economic and social issue in Iran that has contributed to rising … long-term determinants of inflation in Iran over the past two decades and identify policy options to curb it. Using … poverty and social tensions. For policymakers to effectively address the inflation problem, it is critical to understand its …
Persistent link: https://www.econbiz.de/10014076815
finance for public investment. Assessing the growth impact of public investment in Iran under various investment scaling …
Persistent link: https://www.econbiz.de/10012913896
against Iran. Using difference-in-difference techniques and exploiting survey data on the manufacturing sector, our analysis …
Persistent link: https://www.econbiz.de/10014238522
This paper analyses inflation dynamics in the Central African Economic and Monetary Community (CEMAC) using a …. Imported commodity price shocks are significant in explaining inflation in the region. Governments are another driving force of … inflation dynamics mainly through controlled prices and the role of capital expenditure in domestic activity. In most CEMAC …
Persistent link: https://www.econbiz.de/10013119682
times. An inflation shock only slightly reduces the debt ratio for a few quarters. A positive growth shock unambiguously …
Persistent link: https://www.econbiz.de/10013098577
higher food shares in CPI baskets, fuel intensities, and pre-existing inflation levels were more prone to experience … scores seem to have contained the impact of these shocks better. The effect of the presence of inflation targeting regimes … inflation responds to international commodity price shocks …
Persistent link: https://www.econbiz.de/10013098581
Inflation in Mongolia resembles a roller coaster ride with sharp rises and steep drops. Understanding why is critical … for formulating and assessing monetary policy. Food prices are found to be a key driver of inflation, and, not surprising … underlying inflation by 1 percentage point. So, while inflation will remain volatile due to agricultural shocks, there is space …
Persistent link: https://www.econbiz.de/10013098617
, and current account liberalization; and (ii) inflation and various determinants, including lagged inflation, the nominal … and the real exchange rate are significant determinants but not the exchange regime or liberalization; and for inflation …, the lagged inflation rate, nominal exchange rate, and the de facto regime are significant. Exchange rate pass-through is …
Persistent link: https://www.econbiz.de/10013102259
proportionally to inflation. We show that conditions under which these rules generate aggregate instability by inducing liquidity … that respond to expected future inflation are more prone to induce endogenous cyclical and chaotic dynamics the more open …
Persistent link: https://www.econbiz.de/10013102282