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Persistent link: https://www.econbiz.de/10005641743
The purpose of this article is to examine the influence of the following key macroeconomic indicators: GDP, inflation …/RON, inflation and interest rate. We can not validate the correlation between exchange rate and Balance of payment, because the test …
Persistent link: https://www.econbiz.de/10009492699
, these factors well explain the peso’s unusual behavior, as Mexico both is very close to the United States and has a lower …
Persistent link: https://www.econbiz.de/10010577037
some macroeconomic variables such as exchange rate, inflation and interest rate in Nigeria using Autoregressive Distributed … effective and efficient policy control measure should be develop and implement to normalize exchange rate, inflation and …
Persistent link: https://www.econbiz.de/10011260363
In this paper we consider that the relationship between nominal exchange rate and prices depends on the nature of the shocks impacting the economy. In order to identify the sources of nominal exchange rate and relative price fluctuations in Spain we impose long-run restrictions on the dynamics...
Persistent link: https://www.econbiz.de/10005155304
power parity relation. An exchange rate pass-through equation is estimated, and it is seen that the rate of inflation is … affected largely by the pass-through effects from exchange rate changes and the world rate of inflation. …
Persistent link: https://www.econbiz.de/10005669403
Inflation has fallen dramatically in countries like Spain and Italy over the last decade, but the rate of increase in … productivity trends for the consistency of the Maastricht convergence criteria an for the differences in nation inflation rates …
Persistent link: https://www.econbiz.de/10005774259
This paper examines the determinants of inflation in Uganda. High inflation, an economic virus of the Ugandan economy …
Persistent link: https://www.econbiz.de/10005779592
We study the pass-through of exchange rate changes to consumer prices for the euro area by estimating vector error correction models for Germany, France, Italy, the Netherlands and Spain. Using the weights of the Harmonized Index of Consumer Prices (HICP) we compute a weighted average of the...
Persistent link: https://www.econbiz.de/10005097807
This paper attempts to identify and isolate the channels by which inflation shocks effect the predictable returns … available from currency speculation. We apply a general no--arbitrage based model to decompose the risk premium into inflation … inflation risk or the relationship between inflation and real risks. Our results imply that for monetary policy to have …
Persistent link: https://www.econbiz.de/10005102292