Showing 1 - 9 of 9
involving changes in the inflation and monetary-policy regimes: the move to floating exchange rates following the breakdown of … throughout the industrialized world a decade later. In the case of the float, inflation which had been rising since the mid-1960s …. Following the shifts to less expansive domestic policy, inflation peaked in most of those same countries and has continued to …
Persistent link: https://www.econbiz.de/10009440738
This paper presents new non-linear regression estimates of the relationship between inflation and economic growth for … inflation is associated with moderate gains in GDP growth up to a roughly 15 – 18 percent inflation threshold. However, the … at all with either the inflation coefficient or our estimated turning point. With the middle income countries, we return …
Persistent link: https://www.econbiz.de/10009467896
A time series analysis was performed on medical scheme statistics with the aim of determining current and future demographic and economic trends. This would enable one to reach a better perspective on the current and future financial dilemma presently experienced by medical schemes. Data for the...
Persistent link: https://www.econbiz.de/10009480497
This paper examines the causal links between productivity growth and two price series given by domestic inflation and … shows that domestic inflation has a small but adverse effect on mining productivity growth, thus providing some empirical … support for Australia's 'inflation first' monetary policy, at least with respect to the mining sector. Inflation in mineral …
Persistent link: https://www.econbiz.de/10009448290
The primary goal of this study was to determine the impact of price discriminationon tourism demand. Four objectives were defined with reference to the primaryresearch goal.The first objective was to analyse the concept of price discrimination and relevanttheories by means of a literature study....
Persistent link: https://www.econbiz.de/10009456056
This paper examines the magnitude and duration of the GST effect on inflation in Australia’s eight capital cities using … significant but transitory impact on inflation only in the September quarter of 2000 when this new tax system was implemented. In … this quarter inflation showed an additional increase of 2.6 per cent in Sydney (minimum effect) and 2.8 per cent in …
Persistent link: https://www.econbiz.de/10009457629
The purpose of this paper is to examine the impact of inflation targeting on inflation for 27countries that have … adopted an inflation-targeting regime. The paper uses intervention analysis in Harvey's structuraltime series model to analyse … the impact of inflation targeting on inflation, using quarterlyobservations. This approach provides the most useful …
Persistent link: https://www.econbiz.de/10009481783
In this paper we examine the dynamics of the link between inequality and inflation from a political economy perspective …. We consider a simple dynamic general equilibrium model in which agents vote over the desired inflation rate in each … period, and inequality is persistent. Inflation in our model is a mechanism of redistribution, and we find that the link …
Persistent link: https://www.econbiz.de/10009483530
their collective actions influence the equilibrium inflation outcome in an environment in which the central bank engages in … initially causes inflation to increase at low degrees of wage centralization but then, as wage centralization increases, results … in an inflation drop-off; (2) a greater degree of centralized wage setting reduces the inflation-restraining effect of …
Persistent link: https://www.econbiz.de/10009484496