Showing 1 - 10 of 290
" to inflation, an effect that is known as exchange rate pass-through (ERPT). In particular, if an exchange rate … relatively lower ERPT in the past two decades, the exchange rate continues to be a large determinant of inflation in several …
Persistent link: https://www.econbiz.de/10011521215
The paper's objective is to examine whether the Indian Rupee was fairly valued as of end March 2015. First, the movements of the trade weighted real effective exchange rate (REER) of the Rupee are tracked over the last ten years. Next, the underpinnings of the Harrod-Balassa-Samuelson effect,...
Persistent link: https://www.econbiz.de/10011284447
promotions on inflation measurement. Although changes in product-level expenditure shares were unusually high during lockdown, we … inflation, and lower use of promotions by low-income consumers explains why they experienced moderately lower inflation. Overall …, changes in shopping behaviours played only a minor role in driving higher inflation during lockdown; higher prices were the …
Persistent link: https://www.econbiz.de/10012293184
We analyze the determinants of the inflation trends in ten Southeast European (SEE) countries. Global cost …-related factors and euro area (EA) inflation developments play an important role in explaining inflation dynamics in SEE countries … exchange to euro area market appear to be susceptible to inflation spillovers from the euro area. Moreover, nominal effective …
Persistent link: https://www.econbiz.de/10012124587
This paper explores the effect of inflation supply and demand shocks on government debt. It identifies the shocks using …
Persistent link: https://www.econbiz.de/10014536631
responds to inflation and output volatility, especially during economic crises. This framework offers a promising alternative …
Persistent link: https://www.econbiz.de/10014538995
of key indicators such as fiscal and current account balances and inflation and suggests priorities for macroeconomic …
Persistent link: https://www.econbiz.de/10010437775
Inflation targeting has been adopted in a set of emerging economies, including eight countries in Latin America. The … take appropriate actions if the target is breached. This paper exploits a database of inflation expectations and attempts … to measure whether, for a set of inflation targeters in Latin America, expectations are well anchored. A tighter …
Persistent link: https://www.econbiz.de/10011286255
This paper studies inflation persistence with time-varying coefficient autoregressions for twelve central European … countries,in comparison with the United States and the euro area. Inflation persistence tends to be higher in times of high … inflation. Since the oil price shocks, inflation persistence has declined both in the US and euro-area. In most central and …
Persistent link: https://www.econbiz.de/10009768497
attain local stationarity and bounded mean values. The model is applied to the analysis of inflation dynamics. Allowing for …
Persistent link: https://www.econbiz.de/10010382183