Showing 1 - 10 of 15,519
assess the impact of fossil fuel price increase. We assess that fossil fuels sector has strong forward linkages and increase … in its price has a steep inflationary impact. Using a three-sector I-O model for Indian economy, we estimate that a 10 … per cent increase in fossil fuel price could cause, ceteris paribus, the wholesale price index (WPI) to rise about 4 …
Persistent link: https://www.econbiz.de/10010746987
inflation, has remained unexplained in terms of its mathematical origins. Keynes had attempted to relate inflation to a … mechanism of "sticky wages and prices". Hitherto, such theories of inflation have remained unproven and disputable. Recently …, during the so-called "New Economy" era, characterized by a spread of electronic transactions and Internet commerce, inflation …
Persistent link: https://www.econbiz.de/10005412616
This article presents an evaluation of the economic adjustment program negotiated between the Portuguese government and the Troika (European Commission, ECB and IMF) in May 2011, with an assessment different from the usual exercises. Instead of an ex-post comparison between the actual results...
Persistent link: https://www.econbiz.de/10011200173
A linear and lagged relationship between inflation and labor force growth rate has been recently found for the USA. It … previously reported agreement between observed and predicted inflation is substantially improved by some simple measures removing … inflation and the annual labor force readings is compensated. GDP deflator represents the inflation. Linear regression analysis …
Persistent link: https://www.econbiz.de/10005835571
price inflation accompanied by a substantial fall in the rate of unemployment. Therefore, the new monetary policy in Canada … developed an integral technique similar to CUSUM using an empirical model quantitatively linking the rate of inflation and … uncorrelated noise and systematic errors. Our previous model of inflation and unemployment in Canada is enhanced by the …
Persistent link: https://www.econbiz.de/10008927057
goals of inflation. But at the end of 2006 and beginning of 2007, the external agents who perceive the signs of the Central … de ranges dans les buts d´inflation. Mais à la fin de 2006 et au début de 2007, des agents extérieurs qui reçoivent des …
Persistent link: https://www.econbiz.de/10008682841
monétaire marchera sous le critère de ranges dans les buts d´inflation. Mais à la fin de 2006 et au début de 2007, des agents … criterion of ranges in the goals of inflation. But at the end of 2006 and beginning of 2007, theexternal agents who perceive the …
Persistent link: https://www.econbiz.de/10008682847
analysis to the median voter theory, which claims the existence of a positive relationship between democracy and inflation, by … inflation. The purpose of this paper is to extend the range of explanatory factors in explaining macroeconomic pathologies and … to demonstrate that democracy is an important instrument in reducing inflation. The paper firstly provides a critical …
Persistent link: https://www.econbiz.de/10010757326
This paper exploits the Lucas’ (1973) signal extraction model to study the effect of uncertainty in the output-inflation … trade-off on inflation, using a monetary model with asymmetric central bank preferences over inflation and output. We show … monetary policy to influence inflation movements so that, higher volatility in monetary policy causes inflation to rise …
Persistent link: https://www.econbiz.de/10011095467
allow for possible simultaneity problems, such as might exist between the rate of change of money wage and the inflation …
Persistent link: https://www.econbiz.de/10011109000