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employs bivariate cointegration methodology to examine the long-term relationship between inflation index and the different …
Persistent link: https://www.econbiz.de/10011259909
government and economic activities is inflation perfectly guaranteed not to accelerate. A truly independent central bank is …
Persistent link: https://www.econbiz.de/10005790152
The welfare state was created after 1950 with counterproductive mechanisms and this caused high inflation and high …
Persistent link: https://www.econbiz.de/10011108214
inflation, economic activity, and budget deficit, was also performed. …
Persistent link: https://www.econbiz.de/10009325656
Conventional wisdom argues that the relation between central bank independence (CBI) and inflation is negative. However …, empirical studies based upon regressing inflation rates on CBI tend to reject this hypothesis and show that there is no negative … relationship. This article investigates the effect of CBI on inflation by quantile regression. The empirical result shows that the …
Persistent link: https://www.econbiz.de/10009004160
Institutions are important for the analysis of the association between the deficits and inflation. This study used …
Persistent link: https://www.econbiz.de/10011157004
We contrast the influence of demography and central bank independence on inflation. The recent demographic trends in … developed countries are shown to weight more on inflation than central bank independence, while the contrary stands for the …
Persistent link: https://www.econbiz.de/10005789482
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
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
. 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