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Theoretical models point at various channels of the impact of inflation on corporate investment. This article attempts … corporate investment and inflation on the sample of 21 OECD countries in the years 1960-2005. The obtained negative relationship … this relationship: the marginal effect on corporate investment is higher at inflation rates between 3 and 5.5 per cent …
Persistent link: https://www.econbiz.de/10010312014
The fifth international symposium of the Banque de France addressed the effects of globalisation on inflation and the …
Persistent link: https://www.econbiz.de/10009283336
Over the past 25 years inflation has moderated considerably in all OECD economies. At the same time, the production of …-OECD economies has risen markedly. This paper investigates the extent to which the observed changes in the inflation process can be … inflation to domestic economic conditions has declined whereas the sensitivity to foreign economic conditions has risen, working …
Persistent link: https://www.econbiz.de/10005046203
pronounced increase of aggregate US producer price inflation. …
Persistent link: https://www.econbiz.de/10011145441
Theoretical models point at various channels of the impact of inflation on corporate investment. This article attempts … corporate investment and inflation on the sample of 21 OECD countries in the years 1960-2005. The obtained negative relationship … relationship: marginal effect on corporate investment is higher at inflation rates between 3 and 5.5 per cent. These results …
Persistent link: https://www.econbiz.de/10010310975
While the relationship between inflation and relative price variability (RPV) has been widely investigated in developed … differently to different inflation regimes across the ECOWAS region, determining the inflation threshold that would minimize the … distortionary impact of expected inflation on RPV in the region. Using the Panel Smooth Transition Regression (PSTR) model over the …
Persistent link: https://www.econbiz.de/10013342712
Theoretical models point at various channels of the impact of inflation on corporate investment. This article attempts … corporate investment and inflation on the sample of 21 OECD countries in the years 1960-2005. The obtained negative relationship … relationship: marginal effect on corporate investment is higher at inflation rates between 3 and 5.5 per cent. These results …
Persistent link: https://www.econbiz.de/10008923022
Theoretical models point at various channels of the impact of inflation on corporate investment. This article attempts … corporate investment and inflation on the sample of 21 OECD countries in the years 1960-2005. The obtained negative relationship … this relationship: the marginal effect on corporate investment is higher at inflation rates between 3 and 5.5 per cent …
Persistent link: https://www.econbiz.de/10010981407
Theoretical models point at various channels of the impact of inflation on corporate investment. This article attempts … corporate investment and inflation on the sample of 21 OECD countries in the years 1960-2005. The obtained negative relationship … relationship: marginal effect on corporate investment is higher at inflation rates between 3 and 5.5 per cent. These results …
Persistent link: https://www.econbiz.de/10010983175
implications for the conduct of monetary policy are also discussed. The driving force behind the observed low and stable inflation … interest rate channel has become less effective. Given that better anchored inflation expectations are the main reason for this …
Persistent link: https://www.econbiz.de/10009357684