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The current discussion of Inflation Targeting (IT) in emerging economies deals with the effects that nominal exchange … rate movements have on the overall inflation rate. The literature has focused in the analysis of the advantages and …-through effect into inflation. So far none of them have dealt with the differences arising from the policy instruments used to fight …
Persistent link: https://www.econbiz.de/10009465021
-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
Drives Inflation. Chapter IV introduces a second model of a corrupt central banker, one who sells inside information … general seems to increase the inflation rate. My model of the corrupt central banker provides a new explanation of this effect …, that is, that corruption leads to a higher rate of inflation and/or higher seigniorage, will be tested for a cross …
Persistent link: https://www.econbiz.de/10009484798
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
direct, indirect, and total effect of exchange rate, inflation, price to export of natural rubber of North Sumatra by … international trade like export-import. North Sumatra has taken participation in the activity of international trade, it’s to … improve economic growth. One of the part that’s improved is by doing export of agriculture commodity that has a bright aspect …
Persistent link: https://www.econbiz.de/10009464537
no systematic link between thedecline in inflation and the upward adjustments in indexed interest rates. Third,changes in … the exchange rate and in the performance of the external sector helpexplain the decline in inflation. Fourth, the strong … Development Institute of the World Bank and held in WashingtonD.C., December 17-18, 1997. …
Persistent link: https://www.econbiz.de/10009450769
The primary goal of this study was to determine the impact of price discriminationon tourism demand. Four objectives were defined with reference to the primaryresearch goal.The first objective was to analyse the concept of price discrimination and relevanttheories by means of a literature study....
Persistent link: https://www.econbiz.de/10009456056
increasing sensitivity relies solely on a sustained surge in the degree of comovement for headline inflation, it is also based on … a higher region-wide effect of the shocks for the case of energy inflation. Instead, purely exogenous exchange rate … shocks do not seem to have a signifi cant effect on the core component of headline inflation, which also displays a lower …
Persistent link: https://www.econbiz.de/10012523688
Artículo de revista ; The effect of the euro exchange rate on inflation has taken on significant importance recently …, compatible with a pick-up in expected euro area inflation. However, the subsequent depreciation, since February 2018, might … exchange rate movements to overall consumer-price inflation in the Spanish economy has increased slightly in recent years …
Persistent link: https://www.econbiz.de/10012532337
side of the economies in different countries all over the world. First and most severe obstacle for the economies was …
Persistent link: https://www.econbiz.de/10014489118