Showing 1 - 10 of 1,336
We analyze the recent evolution of ethnic economic inequality in Peru, a major source of social discontent in the …
Persistent link: https://www.econbiz.de/10015060121
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/10009622446
economic growth. This paper examines the roles of three other factors: primary budget surpluses, surprise inflation, and pegged … inflation and the pre-Accord peg. In this counterfactual, debt/GDP declines only to 74% in 1974, not 23% as in actual history …
Persistent link: https://www.econbiz.de/10015058792
What is the impact of climate change on inflation and growth dynamics? This is not a simple question to answer as … climate-related shocks affect inflation and economic growth also depends on long-run scarring in the economy and the country … investigate how climate shocks, as measured by climate-induced natural disasters, influence inflation and economic growth in a …
Persistent link: https://www.econbiz.de/10015059496
Peru has successfully pursued a market-driven financial de-dollarization during the last decade. Dollarization of …
Persistent link: https://www.econbiz.de/10008560449
show that for a group of Latin American inflation targeters the prescriptions from typical monetary policy rules are … inflation from target, suggesting this information is not accounted for in real-time policy decisions. …
Persistent link: https://www.econbiz.de/10011163120
This paper examines the long-run relationship between consumer price index industrial workers (CPI-IW) inflation and …, there is a negative long-run relationship between inflation and economic growth in India. We also find statistically …-significant inflation-growth threshold effects in the case of states with persistently-elevated inflation rates of above 5.5 percent. This …
Persistent link: https://www.econbiz.de/10011142122
inflation, unemployment, government deficit, and GDP growth into a single indicator. In contrast to other indexes, the EPI does …
Persistent link: https://www.econbiz.de/10010990724
In this paper, the IMF's new Global Economy Model (GEM) is used to estimate the contribution of unbalanced growth to the decline in the share of goods production in Australia and New Zealand. The simulation results suggest that faster productivity growth in the tradable goods sector in...
Persistent link: https://www.econbiz.de/10005248284
External demand was the main driver of growth in Thailand in 2006 and 2007. However, WEO projections indicate moderating foreign demand in 2008, with U.S. growth being revised downwards to reflect the turmoil in housing and credit markets, and high oil prices. While the share of Thai exports to...
Persistent link: https://www.econbiz.de/10005248323