Empirical models of inflation often incorporate equilibrium correction effects based upon levels of prices and input … permanent shifts in the markup factor through estimating an inflation equation that includes a time-varying intercept. The model …

This paper investigates the static and dynamic effect of inflation and economic growth on terrorism using annual … between inflation, economic growth and terrorism in Pakistan. An increase in inflation raises terrorist attacks. Economic … growth is also a major contributor to terrorism. Moreover, bidirectional causality is found between inflation and terrorism …

of the system to one comprising inflation and relative prices. This is then estimated in I(1) space. An impulse response … on domestic inflation is moderated. This explains why the depreciation of sterling in 1992 left inflation unchanged. In … contrast, high real import prices in 1974 increased inflation because wage accommodation effects were absent. …

Standard open economy models predict that openness to trade should exert a positive effect on the slope of the output-inflation …

inflation dynamics in open economies, but previous studies have not made a distinction between fixed and floating exchange rate … driving output and inflation (the underlying theory requires that monetary shocks dominate). We calculate new measures of the …

Recent decades have seen a considerable expansion of global trade and a simultaneous decline in inflation volatility …. This paper investigates whether greater openness to trade helps achieve inflation stability. Using panel data for a sample … effect of openness on inflation volatility. This relationship is estimated after controlling for the potential endogeneity of …

This paper investigates the linkages between inflation, economic growth and terrorism using annual frequency data over … window approach. The empirical evidence confirms the cointegration between inflation, economic growth and terrorism in … Pakistan. An increase in inflation raises terrorist attacks while economic growth is also a major contributor to terrorism …

against inflation in the case of a transition economy such as Pakistan, using annual data for the period 1971 – 2008. Ng … hedge against inflation in Pakistan both in the long and the short run. The findings should help formulate appropriate …

The present study investigates the impact of financial development and globalization on inflation by incorporating … foreign remittances and economic growth in inflation function in case of Bangladesh. The study covers the period of 1976Q1 … presence of structural breaks. We find that financial development increases inflation. Globalization stimulates inflation …