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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
-run nor in the long-term and; (2) with the exception of financial size that impacts inflation in the EAMZ in the short …
Persistent link: https://www.econbiz.de/10011260860
. This initiated a debate on the determinants of the recent inflation. Some blamed fiscal policy or monetary policy, while … others blamed imported inflation, administered prices or mismanagement and loose control of the government. This study …, adopting an econometric framework, focuses on the identification of the main determinants of recent inflation trends. Using …
Persistent link: https://www.econbiz.de/10005079321
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