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The evolution of the rate of price inflation, (t), and unemployment, u(t), in Japan has been modeled within the … well as the whole deflationary period started in the late 1990s. The Phillips curve for Japan confirms the original concept … that growing unemployment results in decreasing inflation. A linear and lagged generalized Phillips curve expressed as a …
Persistent link: https://www.econbiz.de/10011260989
Past and future evolution of inflation, p(t), and unemployment, UE(t), in Japan is modeled. Both variables are … linear and lagged generalized relationship between inflation, unemployment and labor force has been also obtained for Japan … unemployment in Japan: CPI inflation will be negative (between -0.5% and -1% per year) during the next 40 years. Unemployment will …
Persistent link: https://www.econbiz.de/10005260050
numerically equal to two thirds of the relative change in the number of eighteen-year-olds. Inflation is represented by a linear …
Persistent link: https://www.econbiz.de/10005623454
formulated at the beginning, one also notes that inflation has a negative effect on the economic growth. These results emphasize …
Persistent link: https://www.econbiz.de/10011258720
neighborhood and unobserved heterogeneity of countries of the region to analyze the effects of Policy mix on inflation, the output … mechanism of propagation of shocks affecting the level of inflation and a mecanisme for output stabilization. …
Persistent link: https://www.econbiz.de/10011258948
opinions that the inflation target chosen at 2% by ECB for the Eurozone is too low, thereby making the whole MPS excessively … restrictive. I conclude observing that the “core” inflation-target of 2% is in fact at the very basis of the ECB non …, since the inflation target wasn’t in any jeopardy, the European Central Bank didn’t do anything. Maintaining the goal of …
Persistent link: https://www.econbiz.de/10011259088
data from 1996-97Q1 to 2011-12Q4. It finds that both the shocks impact real output growth and inflation in the short …. An unanticipated hike/reduction in policy rate leads to a symmetric decline/rise in inflation. An unanticipated change in … money supply leads to higher inflation, but a similar decrease in it has no significant impact on inflation. …
Persistent link: https://www.econbiz.de/10011259315
values of capital gain yield against inflation and other supporting variables were first estimated and these predicted values … classical discussion among financial researchers about the inflation-hedging capabilities of stock investment in short to medium … regression, the empirical results of the study illustrate that capital gain is affected by inflation levels prevailing for the …
Persistent link: https://www.econbiz.de/10011259702
employs bivariate cointegration methodology to examine the long-term relationship between inflation index and the different …
Persistent link: https://www.econbiz.de/10011259909
indicate that for the period analyzed, Lucas’s hypothesis explains fairly well why the trade-off between inflation and output …
Persistent link: https://www.econbiz.de/10011259960