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In this article we examine several hypotheses relating to output and inflation dynamics in China. The hypotheses tests … that Chinese output-inflation behaviour is consistent with the hypothesis that increased inflation uncertainty lowers … average inflation; the hypothesis that inflation volatility reduces economic growth and the hypothesis that higher output …
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inflation, budget deficits, money supply, output, and import prices is essential. We find that inflation, deficits and money … supply are cointegrated when inflation is the endogenous variable, and the long-run elasticities confirm that money supply … and deficits induce inflation. While there is a short-run, unidirectional causality running from money supply to inflation …
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Modelling the relationship between budget deficits, money supply and inflation in Fiji For Fiji, which has been … suffering persistent deficits since independence, determining the relationships between inflation, budget deficits, money supply …, output, and import prices is essential. We find that inflation, deficits and money supply are cointegrated when inflation is …
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