Similar Search Results

Optimal Price Indices for Targeting Inflation Under Incomplete Markets

Anand, Rahul - 2010

In models with complete markets, targeting core inflation enables monetary policy to maximize welfare by replicating the flexible price equilibrium. We develop a two-sector two-good new-Keynesian model to study the optimal choice of price index in markets with financial frictions. We find that,...

Persistent link: https://www.econbiz.de/10014397170

Dirty money : does the risk of infectious disease lower demand for cash?

Cevik, Serhan - 2020

risk of infectious diseases affects demand for physical cash. Since the intensity of cash use may influence the spread of … lowers demand for physical cash, after controlling for macroeconomic, financial, and technological factors. While the …

Persistent link: https://www.econbiz.de/10012392624

Seasonality and Capacity : An Application to Italy

Mini, Federico - 2000

Information on seasonal frequencies can provide valuable insights for understanding economic fluctuations. This is particularly true for Italy, where the variability of production in manufacturing is extremely high and almost entirely due to seasonal factors. This paper discusses the option of...

Persistent link: https://www.econbiz.de/10014399929

The Role of Seasonality and Monetary Policy in Inflation Forecasting

Kumah, Francis Y. - 2006

Adequate modeling of the seasonal structure of consumer prices is essential for inflation forecasting. This paper suggests a new econometric approach for jointly determining inflation forecasts and monetary policy stances, particularly where seasonal fluctuations of economic activity and prices...

Persistent link: https://www.econbiz.de/10014402063

Price Imputation and Other Techniques for Dealing with Missing Observations, Seasonality and Quality Change in Price Indices

Armknecht, Paul A. - 1999

Price index compilers frequently face situations where price observations are missing due to seasonal unavailability, supply shortages, or the discontinuation of products. Incorrect treatment of such situations can result in biased price indices. This paper presents statistical imputation...

Persistent link: https://www.econbiz.de/10014400856

Firm size, life cycle dynamics and growth constraints : evidence from Mexico

Misch, Florian; Saborowski, Christian - 2019

This paper examines the variation in life cycle growth across the universe of Mexican firms. We establish two stylized facts to motivate our analysis: first, we show that firm size matters for development by illustrating a close correlation with state-level per capita incomes. Second, we show...

Persistent link: https://www.econbiz.de/10012102218

Optimal Inventory Policies When the Demand Distribution is Not Known

Larson, Erik W. - 2000

This paper analyzes the stochastic inventory control problem when the demand distribution is not known. In contrast to … previous Bayesian inventory models, this paper adopts a non-parametric Bayesian approach in which the firm’s prior information … information about demand and it permits the accommodation of fixed order costs. As information on the demand distribution …

Persistent link: https://www.econbiz.de/10014400239

India’s recent macroeconomic performance : an assessment and way forward

Kapur, Muneesh; Mohan, Rakesh - 2014

Persistent link: https://www.econbiz.de/10010388634

The global trade slowdown : cyclical or structural?

Constantinescu, Cristina; Mattoo, Aaditya; Ruta, Michele - 2015

Persistent link: https://www.econbiz.de/10011282716

Price and income elasticity of Indian exports : the role of supply-side bottlenecks

Raissi, Mehdi; Tulin, Volodymyr - 2015

role of supply-side bottlenecks in shaping India’s export demand relationship. We use disaggregated export volume data for … estimation. Our results indicate that Indian exports are sensitive to international relative-price competitiveness, world demand …

Persistent link: https://www.econbiz.de/10011447122