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As it also happened in many Latin American countries during the 60s and 70s, inflation became one of the main economic … problems in the Brazilian economy. The acceleration of prices and hyperinflation coexisted not only with periods of economic … reforms(1990-1993). Inflation was perceived as a huge problem by Brazilian economic authorities from 1979 on. Since then …
Persistent link: https://www.econbiz.de/10008533695
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
inflation in the Gulf Cooperation Council (GCC) countries over the 1980-2008 period. We argue that, in GCC countries, money is … supply stands out as a significant determinant of inflation both in short- and long-run. Both foreign prices and the nominal … effective exchange rate are shown to be more successful in explaining inflation in the long-run than the short-run. The half …
Persistent link: https://www.econbiz.de/10008765622
The welfare state was created after 1950 with counterproductive mechanisms and this caused high inflation and high …
Persistent link: https://www.econbiz.de/10011108214
This paper primarily investigates and examines the relationship between money supply growth and inflation in Zimbabwe … especially the effects of inflation can provide us with policy tools to attain price stability and economic growth. The analysis … long-run trend in Zimbabwe’s inflation. The results show clearly that the main determinants of inflation in Zimbabwe are …
Persistent link: https://www.econbiz.de/10011114073
-2001 that accompanies "The Modern History of Exchange Rate Arrangements: A Reinterpretation." We develop a novel system of …
Persistent link: https://www.econbiz.de/10005789352
sectors, we deduce the overall inflation generated by direct and indirect requirements for the total economy. For example, an … increase in oil prices by 75% generates a global inflation cost between 5.5% and 8%. Symmetric scenarios indicate no strong … asymmetrical effects. The generated inflation may alter the stable path of inflation recorded over the past fifteen years putting …
Persistent link: https://www.econbiz.de/10011253053
inflation, the general price level index is the lever for periodic adjustments of the short-term interest rate. Nevertheless …
Persistent link: https://www.econbiz.de/10005789682