Narrow search
Showing 1 - 10 of 637
Cover Image
A nonlinear investigation of the twin deficits hypothesis over the business cycle: Evidence from Turkey
Çatık, Abdurrahman Nazif; Gök, Barış; Akseki, Utku - In: Economic Systems 39 (2015) 1, pp. 181-196
In this paper, we analyze the twin deficits hypothesis covering the period from 1994 to 2012 in Turkey. In contrast to previous studies on Turkey, the existence of twin deficits is investigated by regime-dependent impulse response functions and forecast error variance decompositions based on a...
Persistent link: https://www.econbiz.de/10011263214
Cover Image
Three Revolutions in Macroeconomics: Their Nature and Influence
Laidler, David - University of Western Ontario, Economic Policy Research … - 2013
Harry Johnson’s 1971 ideas about the factors affecting the success of the Keynesian Revolution and the Monetarist Counter-revolution are summarised and extended to the analysis of the Rational Expectations - New Classical (RE-NC) Revolution. It is then argued that, whereas Monetarism brought...
Persistent link: https://www.econbiz.de/10010835365
Cover Image
Relationship Between GDP, Inflation and Real Interest Rate with Exchange Rate Fluctuation of African Countries
Abbas, Qaisar; Iqbal, Javid; Ayaz - In: International Journal of Academic Research in … 2 (2012) 3, pp. 132-141
This paper tries to explore the relationship between, gross domestic product, inflation and real interest rate with the … variables i.e. inflation, interest rate and Gross Domestic Product were used in order to investigate their relationship which … found that that the GDP has significant relationship with the exchange rate where interest and inflation has non …
Persistent link: https://www.econbiz.de/10010850177
Cover Image
Monetary Policy, the Only Game in Town?
Smaghi, Lorenzo Bini - The MIT Press
Persistent link: https://www.econbiz.de/10010905529
Cover Image
The Role of the Business Cycle in Exchange Rate Pass-Through: The Case of Finland
Cheikh, Nidhaleddine Ben; Rault, Christophe - William Davidson Institute, University of Michigan - 2014
in ERPT to CPI inflation for the Finnish economy. Within a logistic smooth transition framework, our investigations …
Persistent link: https://www.econbiz.de/10010936534
Cover Image
Fisher, Macaulay et Allais face au "Paradoxe de Gibson"
Prat, Georges; Durand, Jean-Jacques - EconomiX, Université Paris Ouest-Nanterre la Défense … - 2009
According to the quantitative theory of money, an expansion of the money supply leads both to a decrease of interest rates and an increase of the general level of good prices. This negative correlation expected between these two variables being contradicted by the positive correlation observed...
Persistent link: https://www.econbiz.de/10005078953
Cover Image
An inflation expectations horserace
Guzman, Giselle C. - Volkswirtschaftliche Fakultät, … - 2010
For decades, the academic literature has focused on three survey measures of expected inflation: the Livingston Survey … models of forecasting inflation, the data are low frequency measures which appear anachronistic in the modern era of high … frequency and real-time data. I present a collection of 37 different measures of inflation expectations, including many …
Persistent link: https://www.econbiz.de/10009647457
Cover Image
The Price-Level Computation Method
Afriat, Sydney; Milana, Carlo - Dipartimento di Economia Politica e Statistics, … - 2007
It has been submitted that, for the very large number of different traditional type formulae to determine price indices associated with a pair of periods, which are joined with the longstanding question of which one to choose, they should all be abandoned. For the method proposed instead, price...
Persistent link: https://www.econbiz.de/10005704521
Cover Image
Real Interest Rates, Bubbles and Monetary Policy in the GCC countries
Razzak, Weshah; Bentour, E M - Volkswirtschaftliche Fakultät, … - 2009
nominal interest rate is equalized with the US federal fund rate, but the inflation rates are independent. High oil prices and … the depreciating US dollar caused inflation to rise and real interest rates to be persistently negative in the UAE and …
Persistent link: https://www.econbiz.de/10008529275
Cover Image
Price-Level Computation: Illustrations
Afriat, Sydney N.; Milana, Carlo - Dipartimento di Economia Politica e Statistics, … - 2007
It has been submitted that, for the very large number of different traditional type formulae to determine price indices associated with a pair of periods, which are joined with the longstanding question of which one to choose, they should all be abandoned. For the method proposed instead, price...
Persistent link: https://www.econbiz.de/10005076163