Showing 1 - 10 of 21,289
Persistent link: https://www.econbiz.de/10003774225
Regression model for the period 1995Q1 to 2018Q2. The empirical evidence reveals the existence of two inflation regimes during … the period under review. Food inflation, energy inflation, firms’ marginal cost, and imported inflation account for most … exchange rate solely explains price changes in the composite consumers’ basket when inflation switches to high regime …
Persistent link: https://www.econbiz.de/10012178169
This paper measures the pass-through of exchange rate changes into domestic inflation within a cointegrated VAR (CVAR … inflation levels. Using quarterly data for 12 EA covering 1980:1 to 2010:4, we report a large degree of heterogeneity in the …
Persistent link: https://www.econbiz.de/10011346364
Persistent link: https://www.econbiz.de/10010360438
framework we examine the twelve potential intertemporal relationships between inflation, growth and their respective … uncertainties using US data. We find that high inflation is detrimental to output growth both directly and indirectly via the … nominal uncertainty. Output growth boosts inflation but mainly indirectly through a reduction in real uncertainty. Our …
Persistent link: https://www.econbiz.de/10013068979
The article provides estimates of short-run and medium-run exchange rate pass-through into domestic prices in Russia during the period of 2000–2012 using vector error correction model. Exchange rate pass-through asymmetry estimates, its assessments on different sub-periods and exchange rate...
Persistent link: https://www.econbiz.de/10011398366
Although the link between oil prices and dollar exchange rates has been frequently analyzed, a clear distinction between prices and nominal exchange rate dynamics and a clarification of the issue of causality has not been provided. In addition, previous studies have mostly neglected...
Persistent link: https://www.econbiz.de/10009771139
The low rate of inflation observed in the U.S. over the entire past decade is hard to reconcile with traditional … the job explains this missing inflation. We derive this novel concept of slack from a model in which a drop in the on …
Persistent link: https://www.econbiz.de/10012222536
three inflation will increase (decrease) in the next quarter and three times out of five it will increase (decrease) the …
Persistent link: https://www.econbiz.de/10014112841
Regarding inflation as being a monetary phenomenon in the long-run is a widely-heldDie Aussage, dass Inflation …
Persistent link: https://www.econbiz.de/10012991296