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imported crude oil lead to domestic inflation in Japan has validity. In a model where real GDP growth, money stock growth, and … greater the domestic inflation rate. This impact is exacerbated the greater the percentage of oil consumption that is imported … elevate the domestic inflation rate. Hence, it appears that this foundation of the monetary authority in Japan has validity …
Persistent link: https://www.econbiz.de/10008512540
equities fail the test as inflation hedges, as had been quite widely believed, but that they take so long to pass. …
Persistent link: https://www.econbiz.de/10005124935
This paper examines the long-run relationship between consumer price index industrial workers (CPI-IW) inflation and …, there is a negative long-run relationship between inflation and economic growth in India. We also find statistically …-significant inflation-growth threshold effects in the case of states with persistently-elevated inflation rates of above 5.5 percent. This …
Persistent link: https://www.econbiz.de/10011142122
liquidity trap if inflation is higher when a bubble bursts, then higher inflation is preferable. This paper suggests the … monetary policy objective can be enhanced by shifting it from explicit or implicit targeting of low and stable inflation to … explicit targeting of moderate and stable inflation. …
Persistent link: https://www.econbiz.de/10010965576
The classical definition of inflation refers to increasing the quantity of money in circulation. However, in everyday … language, inflation is seen rather through the effects of monetary expansion, i.e. increasing prices. Therefore, the term … “inflation” generates a semantic confusion, for which could be responsible the omnipresence of consumer price index (CPI) in the …
Persistent link: https://www.econbiz.de/10010965606
Inflation is mainly a monetary phenomenon, but it has important consequences on the real economy, mainly because the … price system does not meet anymore its role of proper allocation of resources. In most of the developed countries, inflation …
Persistent link: https://www.econbiz.de/10010965628
Persistent link: https://www.econbiz.de/10010966413
middle income countries on fiscal adjustment, inflation targets, employment generation, poverty reduction and expansion of …
Persistent link: https://www.econbiz.de/10010966435
, economic growth, the labour market, inflation and income distribution; analyzes power consumption in major industrial sectors …
Persistent link: https://www.econbiz.de/10010966511
export earnings, inflation and price policy regarding subsistence farming. References, statistical tables. …
Persistent link: https://www.econbiz.de/10010966550