Showing 1 - 10 of 5,655
, currencies, oil prices, and inflation …
Persistent link: https://www.econbiz.de/10011780277
seigniorage finance. This leads to an increase in inflation which, in turn, reduces capital accumulation and growth. At the …
Persistent link: https://www.econbiz.de/10010264401
foreign debt; however, high levels of this debt reduces countercyclicality to mercantilist concerns. Higher exchange rate pass …-through to export prices, and having an inflation targeting regime with non-freely floating exchange rates, increase …
Persistent link: https://www.econbiz.de/10012829284
spending are top priorities in Washington. A now-popular target for reform is regulation, which even President Obama claims to … budget. That said, while regulation imposes costs, regulation may also have social benefits, and this fact should be …
Persistent link: https://www.econbiz.de/10013125656
We explore the relationship between inequality, unemployment, and inflation by considering the evidence that low …-and-flow consistent agent-based model by Rolim et al. (2023), in which inflation and inequality result from the social conflict over … income distribution. The inflation-unemployment-inequality nexus leads to the inequality-augmented Phillips curve relating …
Persistent link: https://www.econbiz.de/10014327420
seigniorage finance. This leads to an increase in inflation which, in turn, reduces capital accumulation and growth. At the …
Persistent link: https://www.econbiz.de/10013316495
This paper studies the effect of exchange rate pass-through on inflation in Tunisia over the period 2001-2009. The … authors' objective is to track inflation regimes for the Tunisian economy and to forecast its determinants. Using a Markov …-switching approach, the authors identified two main regimes for inflation in Tunisia over this period: a low and stable inflation regime …
Persistent link: https://www.econbiz.de/10010310073
This paper offers a reappraisal of the inflation-unemployment tradeoff, based on ?frictional growth? describing the … able to work themselves out fully. In this context, monetary shocks have a gradual and delayed effect on inflation, and …
Persistent link: https://www.econbiz.de/10010276419
This paper offers a reappraisal of the inflation-unemployment tradeoff, based on ?frictional growth,? describing the … expectations, there is a long-run inflation-unemployment tradeoff. Our empirical analysis suggests that this Phillips curve may be … reasonably flat. We show that the persistence of inflation and unemployment, in response to monetary policy shocks, is related to …
Persistent link: https://www.econbiz.de/10010313770
This paper offers a reappraisal of the inflation-unemployment tradeoff, based on "frictional growth," describing the … able to work themselves out fully. In this context, monetary shocks have a gradual and delayed effect on inflation and … permanent nominal rigidities, and no departure from rational expectations, there is a long-run inflation-unemployment tradeoff. …
Persistent link: https://www.econbiz.de/10010281025