Showing 1 - 10 of 1,428
This paper provides an empirical study of the asymmetrical spillovers of the euro-US dollar exchange rate on inflation … the only key factor, in determining the asymmetry in inflation between core and periphery. The nominal effective exchange … rate instead is a very important driver for the inflation only considering the whole euro zone. Therefore, the EMU seems to …
Persistent link: https://www.econbiz.de/10011108149
basket and the estimate shows that Euro’s has increased during the period, consistent with the goals against inflation. This …
Persistent link: https://www.econbiz.de/10008516570
the redistributive effects of inflation. The anti-inflationary objective is a priority for Gulf Countries, which entails … not only countering the effects, but also removing the causes of inflation. The experience of the new millennium showed … that the dollar peg, which characterizes the exchange rate regime of the GCC Countries, was a major vehicle of inflation …
Persistent link: https://www.econbiz.de/10008493024
the redistributive effects of inflation. The experience of the new millennium has shown that the dollar peg, which … characterizes the exchange rate regime of the GCC countries, has been a major vehicle of inflation for the Gulf economies and …
Persistent link: https://www.econbiz.de/10011114345
In recent years the term “fear of floating” has been used to describe exchange rate regimes that, while officially flexible, in practice intervene heavily to avoid sudden or large depreciations. However, the data reveals that in most cases (and increasingly so in the 2000s) intervention has...
Persistent link: https://www.econbiz.de/10011258350
We model a typical Asian-crisis-economy using dynamic general equilibrium tech-niques. Exchange rates obtain from nontrivial fiat-currencies demands. Sudden stops/bank-panics are possible, and key for evaluating the merits of alternative ex-change rate regimes. Strategic complementarities...
Persistent link: https://www.econbiz.de/10005037756
This paper analyzes the exchange rate pass-through (ERPT) into consumer prices for 12 EA countries within a CVAR framework. Using the Johansen cointegration procedure, results indicate the existence of one cointegrating vectors at least for each EA country of our sample. When measuring the...
Persistent link: https://www.econbiz.de/10011259175
some macroeconomic variables such as exchange rate, inflation and interest rate in Nigeria using Autoregressive Distributed … effective and efficient policy control measure should be develop and implement to normalize exchange rate, inflation and …
Persistent link: https://www.econbiz.de/10011260363
This paper examines the extent to which changes in exchange rates result in changes in Turkish domestic inflation … that exchange rate shocks feed into domestic inflation, first at the level of manufacturers’ prices and then at the level … manufacturer price index in determining Turkish inflation rates. In addition, the decline in the exchange rate pass-through impact …
Persistent link: https://www.econbiz.de/10008497664
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