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ratio means a large loss of gross domestic product (GDP) or employment for a given reduction in inflation. In order to … estimate the cost of adjustments in inflation rates by the sacrifice ratio, we apply, firstly, a Structural Vector …
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ratio means a large loss of gross domestic product (GDP) or employment for a given reduction in inflation. In order to … estimate the cost of adjustments in inflation rates by the sacrifice ratio, we apply, firstly, a structural vector … reduction in inflation of one percentage point. In some cases, these estimates deliver negative sacrifice ratios. …
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This paper examines the importance of different economic sentiments, e.g. consumer moods, for the Central and Eastern European countries (CEECs) during the transition process. We first analyze the importance of economic confidence with respect to the CEEC's financial markets. Since the...
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This paper examines the importance of different economic sentiments, e.g. consumer moods, for the Central and Eastern European countries (CEECs) during the transition process. We first analyze the importance of economic confidence with respect to the CEECs'; financial markets. Since the...
Persistent link: https://www.econbiz.de/10003950852