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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
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
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
The implementation of economic reforms under new economic policies in India was associated with a paradigmatic shift in monetary and fiscal policy. While monetary policies were solely aimed at "price stability" in the neoliberal regime, fiscal policies were characterized by the objective of...
Persistent link: https://www.econbiz.de/10010385761
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/10012596963
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/10014496247
Monetary policies are very important in any economy. However, they are dominantly hectic and characterized with frequent changes in developing countries. In Sudan, there were many changes during the past three decades, mostly were not compatible with coherent economic logic. The country's...
Persistent link: https://www.econbiz.de/10012857118
ones accompanying central banks' unconventional policies- ultimately lead to higher inflation. Some observers have alluded …
Persistent link: https://www.econbiz.de/10013214545
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/10011661500
policy mix was tested - how often monetary policy (in inflation reports) analyses financial stability issues. This paper aims … to discuss the aforementioned objective. Design/methodology/approach A total of 648 inflation reports published by 11 … financial stability topics (mainly cyclical aspects of systemic risk) on average account for only 2%of inflation reports …
Persistent link: https://www.econbiz.de/10014552857