Showing 1 - 10 of 1,433
the impulse responses to assess the relation between surpluses and public debt. The analysis basically evidences non …-Ricardian equilibria in Spain, while the opposite is true for Germany. We interpret this as evidence for the inflation differences in these …
Persistent link: https://www.econbiz.de/10005621643
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
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
impact of inflation on stock market returns and volatility using monthly time series data from two West African countries … case holds for Ghana. Furthermore, inflation rate and its three month average were found to have significant effect on … stock market volatility in the two countries. Measures employed towards restraining inflation in the two countries …
Persistent link: https://www.econbiz.de/10009643216
This paper proposes a measure of real-time inflation expectations based on metadata, i.e., data about data, constructed … from internet search queries performed on the search engine Google. The forecasting performance of the Google Inflation … Search Index (GISI) is assessed relative to 37 other indicators of inflation expectations – 36 survey measures and the TIPS …
Persistent link: https://www.econbiz.de/10009647210
Potential links between inflation, (t), and unemployment, UE(t), in Germany have been examined. There exists a … negative relation between inflation and unemployment with the latter leading the former by one year: UE(t-1) = -1.50(t) + 0 ….116. Effectively, growing unemployment has resulted in decreasing inflation since 1971, i.e. for the period where GDP deflator …
Persistent link: https://www.econbiz.de/10005786895
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
This paper investigates the quantitative importance of various types of frictions for inflation and nominal interest …
Persistent link: https://www.econbiz.de/10008565437
Countries in which inflation targeting has been adopted require high quality inflation forecasts. The Polish National … Bank adopted a variant of implicit inflation targeting and therefore the ability to forecast inflation is critically … important to policy makers. Since the domestic price formation process is still evolving, medium term inflation forecasting is …
Persistent link: https://www.econbiz.de/10004961523
Much of the US inflation forecasting literature deals with examining the ability of macroeconomic indicators to predict … the mean of future inflation, and the overwhelming evidence suggests that the macroeconomic indicators provide little or … no predictability. In this paper, we expand the scope of inflation predictability and explore whether macroeconomic …
Persistent link: https://www.econbiz.de/10005836192