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, the Argentine economy transitioned from a low‐ to a high‐inflation regime, while collective bargaining and the minimum … low to high inflation, the monthly frequency of regular‐wage changes almost doubled, while the distribution of regular …
Persistent link: https://www.econbiz.de/10014306240
and beyond the determinants of currency invoicing (i.e., inflation rate, inflation volatility, foreign exchange market … by a drop in inflation volatility. …
Persistent link: https://www.econbiz.de/10010275698
The article provides estimates of short-run and medium-run exchange rate pass-through into domestic prices in Russia during the period of 2000–2012 using vector error correction model. Exchange rate pass-through asymmetry estimates, its assessments on different sub-periods and exchange rate...
Persistent link: https://www.econbiz.de/10011398366
This paper analyzes the effects of legal central bank independence (CBI) on inflation volatility in developing … countries. We discuss why CBI should curb inflation volatility, independently from its effect via lowering inflation levels … the endogeneity of CBI and inflation. Our results are robust to alternative measurements of the main variables, different …
Persistent link: https://www.econbiz.de/10014344441
volatility in ifln ation raises unemployment at low-frequency. Increased volatility in infl ation makes nominal wages more …
Persistent link: https://www.econbiz.de/10012429726
of regular wage adjustments within job spells. As the Argentine economy transitioned from low to high inflation, the … monthly frequency of regular wage adjustments almost doubled, while the distribution of changes in regular wages morphed from …
Persistent link: https://www.econbiz.de/10012592395
and beyond the determinants of currency invoicing (i.e., inflation rate, inflation volatility, foreign exchange market … by a drop in inflation volatility …
Persistent link: https://www.econbiz.de/10014195096
and beyond the determinants of currency invoicing (i.e., inflation rate, inflation volatility, foreign exchange market … by a drop in inflation volatility. -- euro ; invoicing currency ; exchange rate risk ; inflation ; inflation risk …
Persistent link: https://www.econbiz.de/10003969238
This paper investigates the effect of inflation volatility on private sector credit growth. The results indicate that … private sector credit growth is positively linked to the one period lagged inflation volatility. Given that past monetary … positive response of private sector credit growth to past inflation volatility suggests a credible monetary policy regime in …
Persistent link: https://www.econbiz.de/10011853882
Does the South African rand's relatively large volatility affect inflation? To shed some light on this question, a … standard estimation technique of exchange rate pass-through to inflation is extended to incorporate exchange rate volatility …. Estimated results suggest that higher exchange rate volatility tends to increase core inflation but to a relatively limited …
Persistent link: https://www.econbiz.de/10012843500