Showing 1 - 10 of 72
The paper presents a model to analyze the adjustment of prices of non-traded food staples to changes in global food … prices via the response of traded commodities in domestic markets. It shows that the impact on local prices of shocks … interconnectedness, the model used here allows us to trace the future impact of shocks on local prices over time and thus helps policy …
Persistent link: https://www.econbiz.de/10011258871
customer’s perceptions of Dacia car prices and aims to determine whether the manufacturer succeeded in transmitting the …
Persistent link: https://www.econbiz.de/10011259535
The structural approach adopted in this paper aims to trace out the evolution of public debt and deficits over a medium term horizon and its dynamic interaction with other key macroeconomic variables such as interest rate, inflation, trade gap and output. The policy simulations for India reveal...
Persistent link: https://www.econbiz.de/10005087507
The objective of the paper is to re-examine the causal relationship between money and prices in Pakistan using recent … data and employing cointegration and error correction models. Two measures of prices (CPI and WPI) and three measures of … relationship between prices and M2 definition of money. The other definitions of money do not seem to be related with prices. The …
Persistent link: https://www.econbiz.de/10005260060
Many financial studies are based on the efficient capital markets hypothesis. In this context, testing the existence of this concept becomes an interesting field of study for the emerging capital market. The aim of this paper is to enlighten the difficulties of portfolio construction in a...
Persistent link: https://www.econbiz.de/10005260312
The study estimates relative city price convergence using CPI data from July 2001 to June 2008 on 35 Pakistani cities. Two cities Lahore and Karachi are chosen to be the numeraire cities. The half life of relative city price shock has also been estimated. The study finds average half life of...
Persistent link: https://www.econbiz.de/10009294586
In this paper the issue of causality between wages and prices in UK has been tested. OLS relationship between prices … and wages is positive; productivity is not significant in determination of prices or wages too. These variables from these …. From the VECM model, If the log wages increases by 1%, it is expected that the log of prices would increase by 5.24 percent …
Persistent link: https://www.econbiz.de/10009325634
rejection. Actions which in the absence of such money, have little influence on total spending, output and prices, on the …
Persistent link: https://www.econbiz.de/10009325676
This paper investigates the dynamic interactions between four macroeconomic variables and stock prices in Pakistan … cointegration between the stock prices and macroeconomic variables viz. consumer prices, industrial production, exchange rate and … causation between the stock prices and all the said macroeconomic variables with the exception of consumer prices that only lead …
Persistent link: https://www.econbiz.de/10008740570
The objective of this document is to contribute to an analysis of the prices in Mozambican agriculture with a view to …
Persistent link: https://www.econbiz.de/10011234834