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Empirical research over the last decade has uncovered predictive relationships between the slope of the yield curve and subsequent real activity and inflation. Some of these relationships are highly significant, but their theoretical motivations suggest that they may not be stable over time. We...
Persistent link: https://www.econbiz.de/10010283311
Indian food and fuel inflation has remained high for several years, and second-round effects on core inflation are estimated to be large. This paper estimates the size of second-round effects using an estimated reduced-form general equilibrium model of the Indian economy, which incorporates...
Persistent link: https://www.econbiz.de/10010959475
inflation rate, our results suggest that the PwC panel has some forecasting ability for time horizons from 3 to 9 months …
Persistent link: https://www.econbiz.de/10010929567
rate, our results suggest that the PwC panel has some forecasting ability for time horizons from 3 to 9, improving when it …
Persistent link: https://www.econbiz.de/10010778734
The differing dynamics of the inflations of the services and goods sectors has been of major concern in Turkey. The persistence of the services sector inflation during disinflation periods hampered the efforts of the Central Bank of Turkey of hitting inflation targets in a country with...
Persistent link: https://www.econbiz.de/10012610929
The differing dynamics of the inflations of the services and goods sectors has been of major concern in Turkey. The persistence of the services sector inflation during disinflation periods hampered the efforts of the Central Bank of Turkey of hitting inflation targets in a country with...
Persistent link: https://www.econbiz.de/10009228714
Purpose - The purpose of this paper is to investigate the impact of critical macroeconomic drivers like economic growth (gross domestic product (GDP)/capita), inflation and population size on the mortality rate of Nigeria. The general lockdown imposed by the government to curb the spread of...
Persistent link: https://www.econbiz.de/10013348652
Persistent link: https://www.econbiz.de/10013541473
This paper makes a comparative study of the inflation dynamics of Argentina, Brazil, Chile, Colombia, Mexico and Uruguay during the 2004-2019 period. The goal is to document a number of empirical regularities that are useful for some discussions about the determinants and mechanisms of the...
Persistent link: https://www.econbiz.de/10014545975
Failures are not rare in economic forecasting, probably due to the high incidence of shocks and regime shifts in the …
Persistent link: https://www.econbiz.de/10010284441