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the naive one by a factor of 2 to 3. The relationships for inflation were successfully tested for cointegration. We have … and lagged relationships between the rates of inflation, unemployment, and change in labour force. For France, several … relationships were estimated eight years ago. The change rate of labour force was used as a driving force of inflation and …
Persistent link: https://www.econbiz.de/10011109998
the price mark-up on imported and labor costs and its relation to inflation, using cointegration techniques. It is found …This paper provides evidence on price markup and inflation dynamics in Italy over the period 1970-1998. We investigate … that, despite different policy regimes across decades, the relation between the markup and inflation is remarkably stable …
Persistent link: https://www.econbiz.de/10005612139
-term "equilibrium" relationships in the Mexican economy over the last 20 years using cointegration analysis and OLS regressions … inflation’s behavior …
Persistent link: https://www.econbiz.de/10010991598
The article provides estimates of short-run and medium-run exchange rate pass-through in Russia during the period of 2000—2012 using vector error correction model. Estimates of asymmetry of exchange rate pass-through, its assessments in different sub-periods and exchange rate volatility effect...
Persistent link: https://www.econbiz.de/10011007725
Is inflation always explained as a monetary phenomenon? In this study, the author presents empirical evidence regarding … the relation of Money Growth and its effect on Inflation, for the specific case of Bolivia. The text describes the … a Box-Jenkins procedure (ARMA process) that confirms the relation between Money Growth and Inflation in Bolivia using …
Persistent link: https://www.econbiz.de/10010840352
monetary policy in the United States, in particular its interaction with the formation of inflation expectations and the … linkages between monetary policy, inflation expectations and the behaviour of CPI inflation. We use Livingston Survey data for … expected inflation, measured at a bi-annual frequency, actual inflation, unemployment and a nominal interest rate to estimate …
Persistent link: https://www.econbiz.de/10010816004
In 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/10010787836
Studies on Malaysia monetary policy mostly examine the effect of monetary policy change on output and inflation in … study on the effect of policy change on disaggregated inflation. This paper attempts to examine the later issue by employing … index, we find that a modest monetary policy shock results in varying degree of responses in disaggregated inflation. In …
Persistent link: https://www.econbiz.de/10011110651
finds that inflation responds strongly to the exchange rate shocks reaching a maximum after six months, the net nominal wage … has a sharp increase in the first semester after a shock in the inflation followed by a slow absorption, while the …
Persistent link: https://www.econbiz.de/10005272624
While the long-run relation between money and inflation as predicted by the quantity theory is well established …
Persistent link: https://www.econbiz.de/10010857339