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Sabah from 2004 to 2015. For linear tests, monthly prices data of consumer price index (CPI) for nine groups of goods and …This paper studies the dynamic behaviour of both linear and non-linearity of consumer prices in Peninsular Malaysia and … the CPI for all groups, except for 'transport', and (iii) the Gregory and Hansen test demonstrated some form of …
Persistent link: https://www.econbiz.de/10012657142
In this paper, we examine the trends in the CPI and the core part of the CPI to bring out a grievous error in the core … CPI. The core in certain years shows a jump of as much as 7% in certain quarters due to the error in the way the rent … prices are computed. During the periods following the Pay Commission implementation, the “ rent” prices rise in the CPI …
Persistent link: https://www.econbiz.de/10013218490
conditions continued almost until 2016. The RBI saw rising inflation not only in the non-core part of the CPI, but also on the …. Even more importantly the RBI’s propensity to react to current CPI inflation than to forward looking core inflation means …
Persistent link: https://www.econbiz.de/10014090181
The situation prior to the COVID, as brought out in Morris, Sebastian (2020), was problematic with major slowdown and heightened uncertainty in the financial sector in the last year before the Crisis. The response of the RBI, free from its conservative shackles, now followed the US into...
Persistent link: https://www.econbiz.de/10013306185
We investigate the stability of M3 income velocity in the euro area. We apply a set of breakpoint procedures to examine this issue and conclude that at least one structural change occurred around 2000-2001. We also find evidence of another structural break around 1992-1993. These two breaks seem...
Persistent link: https://www.econbiz.de/10013136869
claim that the problems with the new national income series are real and need to be addressed. The CPI11-12 too is … problematic since the weight of basic food in the CPI11-12 is as high as 45% when there is no wat the same could have been more …
Persistent link: https://www.econbiz.de/10012861828
formed in a market. We test these predictions in laboratory price setting games and find that in smaller markets collusive …, consistent with our theoretical predictions. We compare various features of price setting behavior in our lab experiments to …
Persistent link: https://www.econbiz.de/10013238255
Persistent link: https://www.econbiz.de/10012215866
Persistent link: https://www.econbiz.de/10011964928
Persistent link: https://www.econbiz.de/10012390102