Showing 1 - 10 of 453
A reliable inflation-forecasting model is central for a sound monetary policy framework. In this paper, we study the … domestic and international transmission effects on inflation in Indonesia and analyze the possible leading indicators of … inflation. We identify the exchange rate, foreign inflation, and monetary growth as the main variables with a significant …
Persistent link: https://www.econbiz.de/10014401659
Using a VAR approach, this paper studies the relationship between money, output, and prices in a group of Pacific Basin countries that underwent financial sector reform during the 1980s: Indonesia, Korea, and the Philippines. Special attention is paid to assessing the information content of...
Persistent link: https://www.econbiz.de/10014398026
Persistent link: https://www.econbiz.de/10009419789
provide evidence that FD is a rational response to inflation uncertainty. The paper builds on previous research by finding …
Persistent link: https://www.econbiz.de/10014404249
This paper uses a pairwise approach to investigate the main factors that have been driving inflation differentials in … the Gulf Cooperation Council (GCC) region for the past two decades. The results suggest that inflation differentials in …
Persistent link: https://www.econbiz.de/10014397082
Inflation rates rose sharply in the Philippines during 2018. Understanding the demand and supply sources of inflation … pressures is key to monetary policy response. Qualitatively, indicators have pointed to evidence of inflation pressures from …-structural model to decompose the contributions of various shocks to inflation. Our main findings are (1) supply factors (mainly global …
Persistent link: https://www.econbiz.de/10012102135
between monetary autonomy and inflation dynamics in a panel of Caribbean countries over the period 1980-2017. The empirical … results show that monetary independence is a significant factor in determining inflation, even after controlling for … monetary policy for domestic purposes independent of external monetary influences, leads to lower consumer price inflation …
Persistent link: https://www.econbiz.de/10012103732
Does the South African rand's relatively large volatility affect inflation? To shed some light on this question, a … standard estimation technique of exchange rate pass-through to inflation is extended to incorporate exchange rate volatility …. Estimated results suggest that higher exchange rate volatility tends to increase core inflation but to a relatively limited …
Persistent link: https://www.econbiz.de/10012155038
wage growth and inflation in Europe and factors that influence the strength of the passthrough from labor costs to prices …. Historically, wage growth has led to higher inflation, but the impact has weakened since 2009. Empirical analysis suggests that the … passthrough from wage growth to inflation is significantly lower in periods of subdued inflation and inflation expectations …
Persistent link: https://www.econbiz.de/10012155053
This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the … findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad … retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing …
Persistent link: https://www.econbiz.de/10012796185