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The paper shows the advantages and handicaps of implementing an inflation target (IT) regime, from a Post-Keynesian and …
Persistent link: https://www.econbiz.de/10005014711
The late Prof. Hans Van Werveke, in two very contentious articles, had contended that the monetary policies of Count Lodewijk van Male (Louis de Male) ‘had checked, for some time at least, the decay of the Flemish cloth industry’ by allowing its industrial entrepreneurs (weaver-drapers) to...
Persistent link: https://www.econbiz.de/10005790245
floating exchange rates, raising domestic inflation can increase production if credit is rationed. However, there exist … inflation thresholds: increasing inflation beyond the threshold level will reduce domestic output. Instability, indeterminacy of … high rates of domestic inflation- increases the scope for indeterminacy and economic fluctuations. …
Persistent link: https://www.econbiz.de/10005037728
about 50% of the Flemish; but by the 1480s, they had narrowed that gap (with much less inflation) to about 80%. That gap was …
Persistent link: https://www.econbiz.de/10005617005
In recent years, many developing countries having a history of high inflation, unfavorable balance of payment situation …
Persistent link: https://www.econbiz.de/10008871293
The main objective of this study is to investigate the long run trade-off between unemployment and inflation in Egypt … analysis confirm a positive relationship between changes in inflation rate and unemployment gap in the long run, which is … consistent with “Locus Critique” where a policy of inflation would fail to reduce the unemployment rate in the long run, because …
Persistent link: https://www.econbiz.de/10011108182
This paper analyses the dynamics of inflation in Bangladesh using vector autoregressive methods over the period from … inflation are the most significant source of inflation in the short-term, followed by net credit to the government. The results …
Persistent link: https://www.econbiz.de/10011110958
This paper attempts to investigate the linkage between the excess money supply growth and inflation in Pakistan and to … test the validity of the monetarist stance that inflation is a monetary phenomenon. The results from the correlation … analysis indicate that there is a positive association between money growth and inflation. The money supply growth at first …
Persistent link: https://www.econbiz.de/10005835649
This paper discusses the real understanding of inflation, its true causes and its root solutions. …
Persistent link: https://www.econbiz.de/10008533252
taking CPI food, CPI general, WPI food, WPI general, GDP deflator and SPI as measures of inflation and M1, M2 and M3 supply …
Persistent link: https://www.econbiz.de/10005029702