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crisis is empirically examined. The standard model for themonetary analysis of inflation, i.e. the P-Star model by Hallman … long run dynamics of CPI inflation inIndonesia remarkably weIl. Hence, there is an empirical support for the assertion that … longrun CPI intlation in Indonesia is a monetary phenomenon. In addition, there is evidence of aco-breaking relationship …
Persistent link: https://www.econbiz.de/10011257626
long run dynamics of CPI inflation in Indonesia remarkably weIl. Hence, there is an empirical support for the assertion …In this paper the effect of excess narrow money (MI) on C PI intlation in Indonesia before, during, and after the Asian … crisis is empirically examined. The standard model for the monetary analysis of inflation, i.e. the P-Star model by Hallman …
Persistent link: https://www.econbiz.de/10005144495
The use of asymptotic critical values in stationarity tests against the alternative of a unit rot process is known to lead to overrejections in finite samples when the considered process is stationary but highly persistent. We claim that in recent parametric tests this is caused by estimation...
Persistent link: https://www.econbiz.de/10010956373
1996:9 to 2001:7 and refer to consumer price indexes and wholesale price indexes of all products. Cointegration method is …
Persistent link: https://www.econbiz.de/10008515006
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
There are several theories about the causes of inflation but none of them is capable of explaining the phenomenon in … relative price distribution and tested for their relation with inflation. Later we used a modified Phillips curve, which … distribution: variance, skewness and a combination of both. We concluded that those variables helped explain inflation in Venezuela …
Persistent link: https://www.econbiz.de/10011204543
Empirical/statistical analysis of effects of changes in index S&P 500 upon inflation processes in American economy in …
Persistent link: https://www.econbiz.de/10009131091
The main causes of Portuguese inflation, based on annual data from 1954 to 1995, using the Johansen method, allows us … to conclude that variation in Portuguese inflation is determined essentially by foreign inflation and by variation in the … effective exchange rate of the Portuguese Escudo (PTE). In the long-term, the relationship between inflation rate and the growth …
Persistent link: https://www.econbiz.de/10009319475
The article deals with inflation dynamics in Belgium, and in particular the degree of inflation persistence. It also … presents a historical perspective in order to determine whether the statistical properties of the inflation process have … changed over time. The analysis revealed significant changes in inflation dynamics over the past thirty years. First …
Persistent link: https://www.econbiz.de/10009357710
relationship between inflation and real marginal cost cannot be established empirically for a majority of countries and sectors. We … NKPC for the analysis of inflation dynamics and monetary policy in the Euro Area. …
Persistent link: https://www.econbiz.de/10010734794