Showing 1 - 10 of 2,214
into a VAR model with ARCH shocks to measure the effect monetary policy uncertainty has on inflation, output growth …
Persistent link: https://www.econbiz.de/10009004831
This paper aims to measure and compare the economic performance of four Asian economies who adopted Inflation Targeting …, India, Malaysia, Singapore and Pakistan). Using the methodology of Ball and Sheridan, firstly, behavior of inflation, output … try to find out whether Inflation Targeting has played any significant role in the changed behavior of these variables …
Persistent link: https://www.econbiz.de/10008497655
The purpose of this paper is to analyse the characteristics of an inflation targeting strategy, using the Barro …-established inflation rate. The mathematic simulation of a model allowed a complete analysis of several parameters’ influence (parameters … such as the optimal rate of inflation, the discount rate, the importance structure of inflationary social cost) on the …
Persistent link: https://www.econbiz.de/10005089328
The dynamic general equilibrium model with hiring costs presented in this paper delivers involuntary unemployment in the steady state and involuntary fluctuations in unemploy- ment. After calibrating the model, through simulations we are able to show that our model with labour market...
Persistent link: https://www.econbiz.de/10005623410
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
confirmed at company level, whether it is robust to controlling for inflation expectations and whether it is concentrated among …
Persistent link: https://www.econbiz.de/10005837208
This paper presented the salient features of current Monetary Policy and its effectiveness to control inflation in … Pakistan. The monetary authority was successful in controlling inflation when it successfully controlled the money supply … concluded that in the recent years SBP failed to control money supply and hence rate of inflation within the set target level …
Persistent link: https://www.econbiz.de/10005617134
There is no Phillips curve in the United States, i.e. unemployment does not drive inflation at any time horizon. There … is a statistically robust anti-Phillips curve - inflation leads unemployment by 10 quarters. Apparently, the anti … not reject the hypothesis that there exist a long-term equilibrium relation between inflation and unemployment in the US …
Persistent link: https://www.econbiz.de/10005621243
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
dataset of political elites’ inflation statements and measure each statements’ information precision. I then test whether or … information precision, through its attenuating effects on inflation expectations, lowers inflation. Furthermore, I find that this …
Persistent link: https://www.econbiz.de/10011110786