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The Relationship Between Inflation, Output Growth, and Their Uncertainties: Evidence from Selected CEE Countries
Hasanov, Mübariz; Omay, Tolga - In: Emerging Markets Finance and Trade 47 (2011) 7, pp. 5-20
In this paper, we examine causal relationships between inflation rate, output growth rate, inflation uncertainty, and … inflation and output to proxy nominal and real uncertainty, respectively, and perform Granger causality tests. Our results … suggest that inflation rate induces uncertainty about both inflation rate and output growth rate, which is detrimental to real …
Persistent link: https://www.econbiz.de/10009353237
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The Relationship between Inflation, output growth, and their Uncertainties: Evidence from selected CEE countries
Hasanov, Mubariz; Omay, Tolga - İktisat Bölumu, İktisadi ve İdari Bilimler Fakültesi - 2012
In this paper, we examine causal relationships among inflation rate, output growth rate, inflation uncertainty and … inflation and output to proxy nominal and real uncertainty, respectively, and perform Granger-causality tests. Our results … suggest that inflation rate induces uncertainty about both inflation rate and output growth rate, which is detrimental for …
Persistent link: https://www.econbiz.de/10009421508
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The relationship between inflation, output growth, and their uncertainties: Evidence from selected CEE countries
Hasanov, Mübariz; Omay, Tolga - Volkswirtschaftliche Fakultät, … - 2010
In this paper, we examine causal relationships among inflation rate, output growth rate, inflation uncertainty and … inflation and output to proxy nominal and real uncertainty, respectively, and perform Granger-causality tests. Our results … suggest that inflation rate induces uncertainty about both inflation rate and output growth rate, which is detrimental for …
Persistent link: https://www.econbiz.de/10008743006
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The Transition Economies After Ten Years
Fischer, Stanley; Sahay, Ratna - International Monetary Fund (IMF) - 2000
This paper summarizes the macroeconomic performance of the transition economies. We first review the initial conditions confronting these economies, the reform strategy that was proposed, and the associated controversies that arose a decade ago. We then account for the widely different outcomes,...
Persistent link: https://www.econbiz.de/10005825770
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The Dominican Republic; Stabilization, Structural Reform, and Economic Growth
Cardoso, Jaime; Young, Philip M. - International Monetary Fund (IMF) - 2002
Persistent link: https://www.econbiz.de/10005590873
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Canada; 2008 Article IV Consultation-Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion
International Monetary Fund (IMF); International … - 2008
Canada has enjoyed high growth while adjusting smoothly to commodity price gains, currency appreciation, and, more recently, slowing U.S. demand. Monetary policy has appropriately shifted to guarding against increasing near-term downside risks. A sound fiscal framework policy has produced an...
Persistent link: https://www.econbiz.de/10011242834
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Ukraine; Selected Issues
International Monetary Fund (IMF); International … - 2003
This Selected Issues paper examines the main factors explaining Ukraine’s growth performance so far, assesses whether the recent recovery is sustainable, and provides a quantitative analysis of long-term growth prospects. It finds that the recent recovery is not yet self-sustaining and...
Persistent link: https://www.econbiz.de/10005824979
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Armenia; The Road to Sustained Rapid Growth-Cross-Country Evidence
Iradian, Garbis - International Monetary Fund (IMF) - 2003
This study examines the growth determinants and the economic policy challenges that Armenia faces to sustain the rapid growth of the past two years. The paper also seeks to answer the following two questions: Why has Armenia performed relatively better than other transition economies? What are...
Persistent link: https://www.econbiz.de/10005263869
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Rapid Growth in Transition Economies; Growth-Accounting Approach
Iradian, Garbis - International Monetary Fund (IMF) - 2007
This paper uses the growth-accounting approach to determine the sources of growth in transition economies. The central conclusion is that the estimated total factor productivity (TFP) growth for the former Soviet Union republics were significantly higher than other fast growing economies. A key...
Persistent link: https://www.econbiz.de/10005604998
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Algeria; Selected Issues
International Monetary Fund (IMF); International … - 2007
This Selected Issues paper for Algeria analyzes the growth prospects of the Algerian economy. Drawing on the findings of the empirical growth literature, the paper combines growth accounting and cross-country growth regressions to examine the role of macroeconomic and institutional factors in...
Persistent link: https://www.econbiz.de/10011242716