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In general, central banks are concerned with keeping the inflation rate stable while also sustaining output close to an … efficient level. Under "inflation targeting", forecasts of the evolution of the general price level are an essential input for … policy decisions and these are usually released in quarterly "Inflation Reports". The costs and benefits of transparency in …
Persistent link: https://www.econbiz.de/10011880436
I study the determinants of capital flows to Argentina, Brazil, and Mexico, assessing the relative importance of domestic and global factors. I estimate six VECM models, one for each Latin American country plus the Euro Area, Japan, and USA, and then embed them in a multi-country Global VAR. The...
Persistent link: https://www.econbiz.de/10012728441
Die Wachstumsschwäche in einigen europäischen Ländern wie Portugal und Italien in der ersten Hälfte dieses Jahrzehnts sowie anhaltend hohe Inflationsraten und ein Bauboom in Spanien haben zu einer Debatte darüber geführt, ob sich möglicherweise die einzelnen Länder der Eurozone...
Persistent link: https://www.econbiz.de/10011601730
Veränderung der Standardabweichung bei Inflation und Wirtschaftswachstum um den Euro-Mittelwert zu kurz greift, da diese …
Persistent link: https://www.econbiz.de/10010377812
inflation convergence using different approaches, namely panel unit root tests, cointegration tests and error-correction models …
Persistent link: https://www.econbiz.de/10010260904
inflation convergence using different approaches, namely panel unit root tests, cointegration tests and error-correction models …
Persistent link: https://www.econbiz.de/10010426361
Ireland and Switzerland both had rising inflation during the early 1970s, but their experiences diverged thereafter, so … that they form a rare example of two countries whose inflation rates are poorly correlated with one another over the Great … Inflation period. In addition, each of the two countries' records is anomalous in important respects relative to other economies …
Persistent link: https://www.econbiz.de/10012733976
This article was prepared for the Special Issue "Celebrated Econometricians: Katarina Juselius and Søren Johansen" of Econometrics. It is based on material recorded on 30-31 October 2018 in Copenhagen. It explores Katarina Juselius’ research, and discusses inter alia the following issues:...
Persistent link: https://www.econbiz.de/10013355175
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