Showing 1 - 10 of 3,988
In this paper, an attempt has been made to examine a new transmission mechanism of inflation that is effect of food … concludes that inflation transmission mechanism of food prices to non-food prices exists in developing countries. For policy … making, it is suggested that any attempt to control inflation in developing economies, one component of anti …
Persistent link: https://www.econbiz.de/10011984720
-causes inflation in the euro area. Based on data from 1970 to 2006 and forecasting horizons of up to 12 quarters, there is surprisingly … power of money growth for inflation is substantially lower in more recent sample periods compared to the 1970s and 1980s …. This cautions against using money-based inflation models anchored in very long samples for policy advice. …
Persistent link: https://www.econbiz.de/10010299140
Specific ideas about the Fisher relation between real and nominal interest rates and more general ideas about the nature of the central bank's duty to support the financial system in times of crisis were important to the Monetarist re-assessment of the causes of the Great Depression and what...
Persistent link: https://www.econbiz.de/10010291905
The complexity of the monetary phenomenon as well as the effects that it induces in the social and economic life of the countries around the world have represented and still represent the subject of much controversy and dispute. The current forms of the monetary circulation organization in...
Persistent link: https://www.econbiz.de/10012017176
have been the most important factor in slow down price expansion. This study explores the association between inflation and … discoveries of the paper depict that there is a direct association between inflation and indicators of fiscal imbalances. Every …
Persistent link: https://www.econbiz.de/10011938528
method (ARDL) for estimation. Different variables are used such as inflation, exchange rate, trade openness, money supply … capitalization but positively related with savings and investment. However, it is also observed that factors such as inflation …
Persistent link: https://www.econbiz.de/10011938532
testing approach to cointegration. Empirical results indicated that inflation in Nigeria proxied by CPI exhibited a strong … degree of inertia. The econometric results showed that past inflation and average rainfall appeared to have been the main … supply in the inflation process, lending credence to the dominance of the monetarist proposition on inflation dynamics in …
Persistent link: https://www.econbiz.de/10011961642
interest rate, the study found evidence for the popular Fisher's effect and, then, suggested that inflation targeting should be …
Persistent link: https://www.econbiz.de/10014547759
The paper proposes two econometric models of inflation for Azerbaijan: one based on monthly data and eclectic, another … based on quarterly data and takes into account disequilibrium at the money market. Inflation regression based on monthly … data showed that consumer prices dynamics is explained by money growth (the more money, the higher the inflation), exchange …
Persistent link: https://www.econbiz.de/10011430889
In this paper we test the existence of long-term relationship between money supply and inflation, money supply and GDP … the explanatory variable, while inflation, GDP and unemployment rates occur as dependent variables. The sample consists of … empirical analysis in this paper show that there is no significant long-term relationship between inflation and money supply …
Persistent link: https://www.econbiz.de/10012217816