Showing 1 - 10 of 2,002
The paper proposes two econometric models of inflation for Azerbaijan: one based on monthly data and eclectic, another … based on quarterly data and takes into account disequilibrium at the money market. Inflation regression based on monthly … data showed that consumer prices dynamics is explained by money growth (the more money, the higher the inflation), exchange …
Persistent link: https://www.econbiz.de/10009491154
find evidence of its linchpin prediction that is not limited to periods of high inflation. -- quantity theory of money …
Persistent link: https://www.econbiz.de/10003949071
for forecasting US inflation in the early to mid 2000s. We explore a wide range of different definitions of money … kernel regression technique is a finite memory predictor. The two methodologies compete to find the best fitting US inflation … forecasting inflation. Beyond its economic findings, our study is in the tradition of physicists' long-standing interest in the …
Persistent link: https://www.econbiz.de/10013152415
This paper modifies a P-star model to forecast inflation using an argument that is in line with the concept of “price ….S. inflation over one- to three-year horizons. The paper also argues that inflation dynamics in the U.S. since the early 1960s can … relationship between inflation and government debt is negative as the latter positively affects the demand for money. Therefore, a …
Persistent link: https://www.econbiz.de/10012840176
find evidence of its linchpin prediction that is not limited to periods of high inflation …
Persistent link: https://www.econbiz.de/10013316221
The paper proposes two econometric models of inflation for Azerbaijan: one based on monthly data and eclectic, another … based on quarterly data and takes into account disequilibrium at the money market. Inflation regression based on monthly … data showed that consumer prices dynamics is explained by money growth (the more money, the higher the inflation), exchange …
Persistent link: https://www.econbiz.de/10014172717
equilibrium exists. We study the response differences in the dynamics of the inflation rate to changes in the mean and variance of … the Great Recession, in which the effects of greater model uncertainty may have played a role in keeping inflation rates …
Persistent link: https://www.econbiz.de/10013031084
reliable short-run inflation forecast and with regard to the latter we incur the need for a stable demand for money function …
Persistent link: https://www.econbiz.de/10013109317
This paper examines the forecasting performance of a broad monetary aggregate (M3) in predicting euro area inflation … even in the period of the financial and economic crisis. Monetary indicators are useful to predict inflation at the longer … money and inflation, central banks should implement exit strategies from the current policy path, as soon as the financial …
Persistent link: https://www.econbiz.de/10009267841
predicting euro area inflation. Excess liquidity is measured as the difference between the actual money stock and its fundamental … inflation, if the forecasting equations are based on measures of excess liquidity. …
Persistent link: https://www.econbiz.de/10011374304