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The Impact of Demand and Supply Shocks on Inflation. Evidence For The Us and The Euro Area
Dreger, Christian - 2023
After a long period of price stability, inflation returned to record levels in many parts of the world economy. This … and can explain roughly 75 percent of the inflation experience. Supply side shocks like bottlenecks in global value chains … account for the remaining 25 percent of the variance of inflation forecast errors. In the euro area, the shocks are balanced …
Persistent link: https://www.econbiz.de/10014257604
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The Chinese impact on GDP growth and inflation in the industrial countries
Dreger, Christian; Zhang, Yanqun - 2011
investigates to what extent this process affects output growth and inflation in the advanced countries. A GVAR model is specified … OEF. Evidence is based on the responses to a Chinese demand shock arising from the recent fiscal stimulus program. The … multipliers are also reduced by a sizeable effect on inflation, as Chinese firms participate in international production chains …
Persistent link: https://www.econbiz.de/10009515006
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Re-vitalizing money demand in the euro area : still valid at the zero lower bound
Dreger, Christian; Gerdesmeier, Dieter; Roffia, Barbara - 2016
inflation pressure at the end of the sample. Excess liquidity models turnout to outperform the autoregressive benchmark, as they …
Persistent link: https://www.econbiz.de/10011532681
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On the exposure of the BRIC countries to global economic shocks
Belke, Ansgar; Dreger, Christian; Dubova, Irina - 2016
The financial crisis led to a deep recession in many industrial countries. While large emerging countries recovered relatively quickly from the financial crisis, their performance deteriorated in the last years, despite the modest recovery in advanced economies. The higher divergence of business...
Persistent link: https://www.econbiz.de/10011506456
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On the exposure of the BRIC countries to global economic shocks
Belke, Ansgar; Dreger, Christian; Dubova, Irina - 2016
The financial crisis led to a deep recession in many industrial countries. While large emerging countries recovered relatively quickly from the financial crisis, their performance deteriorated in the last years, despite the modest recovery in advanced economies. The higher divergence of business...
Persistent link: https://www.econbiz.de/10011506905
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On the Exposure of the BRIC Countries to Global Economic Shocks
Belke, Ansgar Hubertus - 2017
The financial crisis led to a deep recession in many industrial countries. While large emerging countries recovered relatively quickly from the financial crisis, their performance deteriorated in the recent years, despite the modest recovery in advanced economies. The higher divergence of...
Persistent link: https://www.econbiz.de/10012960257
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On the Exposure of the BRIC Countries to Global Economic Shocks
Belke, Ansgar Hubertus - 2016
The financial crisis led to a deep recession in many industrial countries. While large emerging countries recovered relatively quickly from the financial crisis, their performance deteriorated in the last years, despite the modest recovery in advanced economies. The higher divergence of business...
Persistent link: https://www.econbiz.de/10012986512
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On the exposure of the BRIC countries to global economic shocks
Belke, Ansgar; Dreger, Christian; Dubova, Irina - 2017
The financial crisis led to a deep recession in many industrial countries. While large emerging countries recovered relatively quickly from the financial crisis, their performance deteriorated in the recent years, despite the modest recovery in advanced economies. The higher divergence of...
Persistent link: https://www.econbiz.de/10011631497
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On the exposure of the BRIC countries to global economic shocks
Belke, Ansgar; Dreger, Christian; Dubova, Irina - 2016
The financial crisis led to a deep recession in many industrial countries. However, the downturn in large emerging markets turned out to be less persistent. Despite the modest recovery in advanced economies, GDP growth declined in emerging markets in the last years. The higher divergence of...
Persistent link: https://www.econbiz.de/10011581929
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On the exposure of the BRIC countries to global economic shocks
Belke, Ansgar; Dreger, Christian; Dubova, Irina - 2017
The financial crisis led to a deep recession in many industrial countries. While large emerging countries recovered relatively quickly from the financial crisis, their performance deteriorated in the recent years, despite the modest recovery in advanced economies. The higher divergence of...
Persistent link: https://www.econbiz.de/10012110982