Showing 1 - 10 of 6,595
This paper analyses how globalization has affected inflation in the New EU Members States (NMS), and Poland in … advanced economies. However, future inflation-dampening effects in the NMS are likely to be smaller as the pace of increases in …
Persistent link: https://www.econbiz.de/10012777528
(Why) do prices and inflation rates differ within the euro area? We study the relevance of a national border for …-level inflation rates differ for only half of the chains. The results highlight the importance of the history-dependent evolution of … distribution networks and of the structure of the sales organization as a driver of price and inflation heterogeneity. …
Persistent link: https://www.econbiz.de/10013552597
We introduce a dynamic panel threshold model to shed new light on the impact of inflation on long-term economic growth … industrialized countries, our results confirm the inflation targets of about 2% set by many central banks. For non …-industrialized countries, we estimate that inflation hampers growth if it exceeds 17%. Below this threshold, however, the impact of inflation …
Persistent link: https://www.econbiz.de/10003871757
We introduce a dynamic panel threshold model to shed new light on the impact of inflation on long-term economic growth … industrialized countries, our results confirm the inflation targets of about 2% set by many central banks. For non …-industrialized countries, we estimate that inflation hampers growth if it exceeds 17%. Below this threshold, however, the impact of inflation …
Persistent link: https://www.econbiz.de/10003876000
In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output …
Persistent link: https://www.econbiz.de/10009162091
In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output … growth, giving support to Phillips' Golden Triangle theory. -- Employment Growth ; Inflation ; Output Growth ; Golden …
Persistent link: https://www.econbiz.de/10009487899
inflation rate, both on the global and the individual-country level. -- international reserves ; inflation ; panel data analysis …
Persistent link: https://www.econbiz.de/10009660974
In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output …
Persistent link: https://www.econbiz.de/10013092691
In this paper we explore the link between the intensity of product market competition and inflation rates across EU … countries and sectors. We consider long-term averages of inflation rates in order to remove the cyclical behavior of inflation … product market competition, as proxied by the level of mark-up in particular, is an important driver of inflation …
Persistent link: https://www.econbiz.de/10013318685
This paper reviews both theoretical and empirical issues regarding inflation and evaluates the contribution of Kyrtsou … and Labys. Analytically it is very difficult to propose a general theory of inflation because as economies evolve over … time both new causes of inflation emerge and the consequences of inflation become more complex. Kyrtsou and Labys perform …
Persistent link: https://www.econbiz.de/10014220920