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New Keynesian Phillips Curve Estimation: The Case of Hungary /1981-2006/
Vasilev, Aleksandar - 2015
:3-2006:2, following the methodology proposed by Gali and Gertler (1999). They claim that a potential source of inflation may be the … of the productivity gains on inflation, which the ad hoc measure output gap misses. We also estimate a hybrid version of …
Persistent link: https://www.econbiz.de/10011495882
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Price Level Changes and the Redistribution of Nominal Wealth Across the Euro Area
Adam, Klaus; Zhu, Junyi - 2014
EA as a whole decreases with unexpected inflation, although in some countries (Austria, Germany and Malta) inequality …, and Belgium and Malta being the largest losers. Governments are net winners of inflation, while the household (HH) sector … is a net loser. HHs in Belgium, Ireland, Malta and Germany incur the biggest per capita losses, while HHs in Finland and …
Persistent link: https://www.econbiz.de/10010378324
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Exchange Rate Pass-through in Russia
Ponomarev, Yuri; Trunin, Pavel V.; Uljukaev, Aleksej V. - 2014
The article provides estimates of short-run and medium-run exchange rate pass-through into domestic prices in Russia during the period of 2000–2012 using vector error correction model. Exchange rate pass-through asymmetry estimates, its assessments on different sub-periods and exchange rate...
Persistent link: https://www.econbiz.de/10011379941
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The End of Neoliberalism?
Bichler, Shimshon; Nitzan, Jonathan - 2003
This article was commissioned by the French newspaper Le Monde. The newspaper was one of several sponsors of an International Conference on Global Regulation, held at the University of Sussex on May 29-31, 2003, where we presented a plenary paper. As part of its sponsorship, Le Monde agreed to...
Persistent link: https://www.econbiz.de/10011644925
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From Welltop to Laptop?
Bichler, Shimshon; Nitzan, Jonathan - 2008
industrialized countries are only 20 per cent higher. This short note explains why the sluggish response of inflation may be about to …
Persistent link: https://www.econbiz.de/10011644930
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No Shortage of Profit: Semiconductor firms and the differential effects of chip shortages
Mouré, Christopher - 2022
Few will argue with the claim that shortages are socially harmful. Shortages, by definition, imply a lack of something – not enough stuff to go around. A shortage of food implies hunger; a shortage of electricity implies darkness. But are shortages harmful to everyone equally? And if they are...
Persistent link: https://www.econbiz.de/10013396060
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Economic Similarities and their Application to Inflation
Addie, Ron; Taranto, Aldo - 2024
in which all, or a certain subset of all acts of production and consumption, are the same. Prices and inflation can be … different in similar economies so an economic similarity is the ideal tool for studying inflation and for expressing monetary … rate of inflation is stated and proved. An economic similarity is used to formulate and prove a rigorous expression of the …
Persistent link: https://www.econbiz.de/10014475327
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Central Bank Capital as an Instrument of Monetary Policy
Hampl, Mojmir; Havranek, Tomas - 2018
with inflation performance. …
Persistent link: https://www.econbiz.de/10011815066
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Devaluation of manat: expectations and realities
Ibadoghlu, Gubad - 2024
This article will examine eight factors and evaluate the probability of Azerbaijan's manat devaluation in the post-oil period. However, there is no proportionality between the degree of influence of the listed factors and their ranking.
Persistent link: https://www.econbiz.de/10015051383