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interest rate, exchangerate, money supply, and inflation rate (independent variable) weregathered from the annual report of the … regression shows that for the 48 SSA nations, interestrate, inflation rate, and money supply were positively significant …
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regions. Upon fixing exchange rates, the region with higher structural wage inflation falls into a low-growth trap. When … core. An empirical analysis confirms that the periphery's higher structural wage inflation rate contributed to its lower …
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In addition to its direct effects on the global trading and production structure, the ongoing process of globalisation may have important implications for the interaction of exchange rates and the overall economy. This paper presents evidence regarding possible changes in the role of exchange...
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