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equation, and inflation was driven mainly by the money gap. After a striking changeover, from 1983 until 2000 the demand for … currency took a very different form, and inflation was determined by the markup without an explicit effect from money. However …
Persistent link: https://www.econbiz.de/10005009905
UK inflation varied greatly over 1865-1990, in response to many policy and exchange-rate regimes, two world wars and … each of these. Variables representative of most theories of inflation mattered empirically over the sample, yielding an …
Persistent link: https://www.econbiz.de/10011133073
The aim of this paper is to estimate long run relationships and threshold effects between inflation and economic growth … Inflation rate finding a corresponding elasticity significantly negative. Moreover, the causal relationship between these two … estimated threshold model suggests 9 percent as the threshold level (i.e., structural break point) of inflation above which …
Persistent link: https://www.econbiz.de/10008691743
price index of Pakistan. For the empirical analysis the Johansen cointegration technique has been applied on monthly data …
Persistent link: https://www.econbiz.de/10008833441
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