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Persistent link: https://www.econbiz.de/10014334700
model of inflation determination estimated on the Czech data.We characterize the estimated components of CPI, WPI and import …
Persistent link: https://www.econbiz.de/10011604595
I present empirical results on the contribution of three key drivers of inflation in Denmark: an inflation trend … anchored by inflation expectations; the Danish business cycle; and an energy price cycle. All three drivers contribute … significantly to the development of inflation and explain most of the variation in the last 40 years. The results are based on a …
Persistent link: https://www.econbiz.de/10014563915
To assess the effects of the EMU on inflation rate dynamics of its member states, the inflation rate series for 21 … European countries are investigated for structural changes. To capture changes in mean, variance, and skewness of inflation … techniques. These reveal considerable differences in the patterns of inflation dynamics and the structural changes therein …
Persistent link: https://www.econbiz.de/10010294763
terms of economic growth and inflation. The number of interest groups (as a proxy for their influence) is shown to have an … the inflation rate. …
Persistent link: https://www.econbiz.de/10010270375
Persistent link: https://www.econbiz.de/10014334703
, however, is the incompleteness of its reform process: the boom-bust nature of its growth, persistently high inflation, delays …, to reduce inflation to single digits by the end of 2002. Since then, though, Turkey has experienced two financial crises … and redesigned its stabilization program to bring inflation down more gradually. This collection analyzes the nature of …
Persistent link: https://www.econbiz.de/10010513258
This paper studies the dynamics of Mexican inflation by using a wavelet multiresolution analysis on 16 indexes of the … Mexican Consumer Price Index. This enables us to estimate the long-term trend, seasonality, and local shocks of the inflation … detected in the inflation series. In relative terms, the short run is becoming as important for headline inflation as the …
Persistent link: https://www.econbiz.de/10010322616
persistent decline in the debt-to-GDP ratio; ii) the CPI inflation and the interest outlays represent state variables in the …
Persistent link: https://www.econbiz.de/10010330904
Regional patterns of inflation persistence have received attention only at a very coarse level of territorial … disaggregation (NUTS3). Our results show that economically backward regions display greater inflation persistence. Moreover, we show …
Persistent link: https://www.econbiz.de/10010326100