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Inflation, real economic growth and unemployment expectations : an empirical analysis based on the ECB survey of professional forecasters
Sosvilla-Rivero, Simón; Ramos-Herrera, María del Carmen - In: Applied economics 50 (2018) 42, pp. 4540-4555
Persistent link: https://www.econbiz.de/10012061198
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Using state level employment thresholds to explain Okun’s Law
Herzog, Ryan W. - In: IZA journal of labor policy 2 (2013), pp. 1-26
changes in output on unemployment are least sensitive for states with relatively large employment within government … manufacturing sectors. States with lower manufacturing employment have a less sensitive output to unemployment relationship, but the …
Persistent link: https://www.econbiz.de/10010242983
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Steering the Macroeconomy With a Broken Compass and Stuck Rudder?
Morris, Sebastian - 2019
In this paper we bring together the findings of Subramanian, A. (2019) and Morris and Kumari (2019), and others to claim that the problems with the new national income series are real and need to be addressed. The CPI11-12 too is problematic since the weight of basic food in the CPI11-12 is as...
Persistent link: https://www.econbiz.de/10012861828
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Growth and Business Cycles
Jones, Larry; Manuelli, Rodolfo; Siu, Henry - 2008
We present a class of convex endogenous growth models and analyze their performance in terms of both growth and business cycle criteria. The models we study have close analogs in the real business cycle literature. We interpret the exogenous growth rate of productivity as an endogenous growth...
Persistent link: https://www.econbiz.de/10014215796
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New Economy, New Recession?
Koenig, Evan F.; Siems, Thomas F.; Wynne, Mark A. - 2015
The National Bureau of Economic Research (NBER) confirmed in November 2001 what many had long suspected - that the U.S. economy was in recession and had been since March 2001. Thus ended an economic expansion that had begun in March 1991, the longest in the NBER chronology that dates to the...
Persistent link: https://www.econbiz.de/10014034064
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The recovery from the Great Recession: a long, evolving expansion
Shambaugh, Jay C.; Strain, Michael R. - 2021
Prior to 2020, the Great Recession was the most important macroeconomic shock to the United States economy in generations. Millions lost jobs and homes. At its peak, one in ten workers who wanted a job could not find one. On an annual basis, the economy contracted by more than it had since the...
Persistent link: https://www.econbiz.de/10012405441
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Testing for the effectiveness of inflation targeting in India : a Factor Augmented Vector Autoregression (FAVAR) approach
Jithin, P.; Suresh, Babu M. - In: Journal of central banking theory and practice 9 (2020) 3, pp. 163-182
monetary policy variables impact inflation, output, money supply, and the financial sector in India. Our results for the period … that monetary policy is more efficient in explaining the variations in inflation rather than stimulating output indicating …
Persistent link: https://www.econbiz.de/10012306865
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Money supply, inflation and output : an empirically comparative analysis for Vietnam and China
Pham Dinh Long; Bui Quang Hien; Pham Thi Bich Ngoc - In: Asian journal of economics and banking : AJEB 8 (2024) 2, pp. 294-306
Purpose - This study focuses on analyzing the relation between money supply, inflation and output in Vietnam and China … scales. While inflation in Vietnam is strongly influenced by expected inflation and output growth, inflation in China is … is the first empirical and comparative research on the relation between money supply, inflation and output for Vietnam …
Persistent link: https://www.econbiz.de/10015049387
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Inflation Uncertainty, Output Growth Uncertainty and Macroeconomic Performance Comparing Alternative Exchange Rate Regimes in Eastern Europe
Khan, Muhammad - 2013
In the late 90's, after severe financial and economic crisis, accompanied by inflation and exchange rate instability …, Eastern Europe emerged into two groups of countries with radically contrasting monetary regimes (Currency Boards and Inflation … relationship between inflation, output growth, nominal and real uncertainties from 2000 till now. In other words, we test the …
Persistent link: https://www.econbiz.de/10013084532
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Inflation uncertainty, output growth uncertainty and macroeconomic performance : comparing alternative exchange rate regimes in Eastern Europe
Khan, Muhammad; Kebewar, Mazen; Nenovski, Nikolaj - 2013
In the late 90's, after severe financial and economic crisis, accompanied by inflation and exchange rate instability …, Eastern Europe emerged into two groups of countries with radically contrasting monetary regimes (Currency Boards and Inflation … relationship between inflation, output growth, nominal and real uncertainties from 2000 till now. In other words, we test the …
Persistent link: https://www.econbiz.de/10009743358