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shocks on inflation in Fiji. How the domestic inflation in a pegged exchange rate system is aligned with international price … also shows that due to the exchange rate depreciation, inflation has increased for many years in Fiji. The policy …
Persistent link: https://www.econbiz.de/10011212985
The paper develops a short-run model of a small open financially repressed economy characterized by unorganized money markets, intermediate good imports, capital mobility and flexible exchange rates. The analysis shows that financial liberalization, in the form of increased rate of interest on...
Persistent link: https://www.econbiz.de/10005773168
convertibility. The analysis shows that the effect of financial liberalization on rate of inflation and the movements of the nominal …
Persistent link: https://www.econbiz.de/10005773210
convertibility. The analysis shows that the effect of financial liberalization on rate of inflation and the movements of the nominal …
Persistent link: https://www.econbiz.de/10005168551
variable for Swedish inflation than the output gap. However, standard errors in the estimations are large and it is in fact … difficult to pin down a statistically significant relationship between either real marginal cost or the output gap and inflation. …
Persistent link: https://www.econbiz.de/10005649071
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