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features, such as the degree of centralization of wage bargaining, labour unions' inflation aversion and the degree of … monetary policy usually affects both inflation and unemployment, even when all structural parameters of the economy and of …
Persistent link: https://www.econbiz.de/10005123531
The original Keynesian paradigm differs from the Neoclassical Synthesis and even more so from the New-Keynesian approach. In this paper, a modern framework for the original Keynesian paradigm is presented. It will highlight the key elements of the paradigm. A model is developed to determine...
Persistent link: https://www.econbiz.de/10009756278
appreciating that were put in place in 2013. I focus its on the impact on output, unemployment, and inflation. I use the synthetic … connected to disturbances created by changes in excise taxes. The effect of the commitment on inflation is positive but not …
Persistent link: https://www.econbiz.de/10011515767
influence on long-term INR swap yields after controlling for other factors, such as core inflation, the growth of industrial …
Persistent link: https://www.econbiz.de/10014507230
analysis proves that a higher degree of central bank independence would statistically improve the inflation performance in the … entire region and in the two subsamples, basically by lowering the inflation rates level and decreasing volatility. Finally …
Persistent link: https://www.econbiz.de/10011984912
This study sought to identify the traditional and institutional inflation variables responsible for inflation … year. The study therefore concluded that inflation in Nigeria, during the studied period, was driven by the pass-through of … import prices to domestic prices via markup pricing by firms. This was aided by domestic inflation persistence. It is …
Persistent link: https://www.econbiz.de/10011961647
expansionary policies, global inflation has been present since 2021. The change in the macroeconomic environment has led to a … that is why inflation was lower in the USA compared to the euro area. All announcements for 2023 point to the continuation …
Persistent link: https://www.econbiz.de/10014558486
variables, such as consumer price inflation, the growth of industrial production, the stock price index, the exchange rate of …
Persistent link: https://www.econbiz.de/10014581759
Monetary policy tools, including money supply and interest rate, are the most popular instruments to control inflation … interest rate, will reduce inflation by reducing aggregate demand in an economy. However, monetary policy could be … reducing aggregate supply in the economy. If tight monetary policy is used to reduce this cost push inflation, the cost side …
Persistent link: https://www.econbiz.de/10012217787
Using panel data models, we analyze the flypaper effects-whether intergovernmental fiscal transfers or states' own income determine expenditure commitments - on ecological fiscal spending in India. The econometric results show that the unconditional fiscal transfers, rather than the states' own...
Persistent link: https://www.econbiz.de/10012818355