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mitigated the worst consequences of the high inflation. The distributional consequences are the same whether or not households …
Persistent link: https://www.econbiz.de/10015360448
different frequencies for 68 economies in 1961-2000, this article finds that economic indicators--such as inflation, income per …
Persistent link: https://www.econbiz.de/10015360458
, inflation rate, and market quality also affecting productive efficiency. …
Persistent link: https://www.econbiz.de/10015360501
(VECM). The empirical results suggest that a bivariate relationship between inflation and productivity is spurious, as the … unit root pre‐tests that account for oil shock episodes show that inflation and productivity are integrated of a different … estimation showed that productivity growth and inflation are an econometrically endogenous variable and this suggests that bi …
Persistent link: https://www.econbiz.de/10014863909
especially for poor people. Common problems included low productivity, high costs, bad quality, insufficient revenue, and …
Persistent link: https://www.econbiz.de/10015361098
Abstract Productivity growth in many advanced economies has decelerated in the last decades. There is increasing … evidence that the misallocation of production function has contributed to the weakness in productivity. Factors behind this … misallocation of production factors on productivity and assess their role for the weakness in productivity growth in Germany …
Persistent link: https://www.econbiz.de/10014630912
economic activity in the USA around 2015, the date when “free time” will occupy over half of total individual lifetime activity …
Persistent link: https://www.econbiz.de/10014742707
Investigates whether consumers are subject to the money illusion during a period of accelerated inflation. Looks at how … carried out in the USA and Germany into differences between national reactions to economic changes. Reveals that consumers are …
Persistent link: https://www.econbiz.de/10014725091
manufacturer in the USA. Reveals that, in an inflationary period, pricing has to anticipate the expected rate of inflation if the …
Persistent link: https://www.econbiz.de/10014725102
The relative impacts of the monetised and non‐monetised deficit on output and inflation in the United States are … affected real GNP growth, nominal GNP growth or inflation. For the period 1961‐1982, monetisation is found to have fuelled … inflation with no effect on real GNP. Non‐monetised deficits provided a negative short‐run impact on the rate of inflation over …
Persistent link: https://www.econbiz.de/10014863848