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-separability of the utility function, inflation aversion, nominal transaction frictions). The monograph is organized as follows … market share competition with the assumption that agent?s behavior is characterized by inflation aversion. Chapter IV is … devoted to the GMM estimation of crucial parameters of the inflation-aversion model of the previous chapter. A model featuring …
Persistent link: https://www.econbiz.de/10009482289
Variance DecompositionThe result of this study showed that inflation has contributed to the world oil price, while the … exchange rate have contributed to inflation. The result of response and decomposition variants of the world oil price was the …The purpose ot this study was to analyze the contribution of unemployment, world oil price, gross domestic product, the …
Persistent link: https://www.econbiz.de/10009464526
This Research Titled "Analysis of the Relationship Between Inflation And GDP Against the unemployment rate in Indonesia … variables. To see how large the effect of inflation is calculated from the Inflation Rate of Cities in Indonesia which is …-statistics that proved significant at 155.7591% of GDP, which means the GDP is very influential on changes in TPT. While the inflation …
Persistent link: https://www.econbiz.de/10009464541
In the process of fulfilling their functions and obligations, states often find themselves in a situation where their own financial resources are not sufficient to achieve the set goals and objectives.Under such conditions, in order to finance government expenditures and the formation of budget...
Persistent link: https://www.econbiz.de/10012629802
This article entitled The dynamics of inflation in the context of the economic crisis is structured in two components … namely: the introductory part of which describes the inflation phenomenon and the second component aims to analyze the … evolution of the inflation rate in Romania, as a result of the unfolding economic crisis. At the same time, it can be stated …
Persistent link: https://www.econbiz.de/10012271291
medio-largo plazo ; We empirically explore the influence of inflation on fiscal variables in the short, medium and long run … influence of inflation on changes in public debt ; (ii) accounting decompositions of nominal revenue and expenditure items into …
Persistent link: https://www.econbiz.de/10012529565
equilibrium to achieve a simple, linear model, that only depends on inflation, the output gap, and the interest rate, in the case … inflation dynamics is crucial. Because of the controversial debate on the importance of expectations, the consequences of … central banks should react stronger to changes in inflation and output under uncertainty. Furthermore, it is shown that …
Persistent link: https://www.econbiz.de/10009449715
explain the development of inflation dynamics and the formation process of inflation expectations of households respectively. We …
Persistent link: https://www.econbiz.de/10009429015
China whose size-based economic-political power is always important to the world, but whose statistical system is less … the central planning period. Therefore, as the Chinese economy rapidly develops and integrates into the world economy …
Persistent link: https://www.econbiz.de/10009451605
Purpose - This paper aims to investigate the integrational properties of real GDP for 125 countries. Design/methodology/approach - The paper applies the Kwiatkowski et al. univariate test and a KPSS-type univariate test that accounts for multiple structural breaks -a test procedure proposed by...
Persistent link: https://www.econbiz.de/10009481695