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particular, they focus not only on real activity, which has received most attention to date, but also on inflation and its … most extreme aspects concern a real activity decline that was unusually long but less unusually deep, and an inflation … decline that was unusually deep but brief; and (3) its real activity and inflation interactions were strongly positive …
Persistent link: https://www.econbiz.de/10012906127
, we focus not only on real activity, which has received most attention to date, but also on inflation and its interaction … aspects concern a real activity decline that was unusually long but less unusually deep, and an inflation decline that was … unusually deep but brief; and (3) its real activity and inflation interactions were strongly positive, consistent with an …
Persistent link: https://www.econbiz.de/10014199200
The paper aims to investigate the economic relationship between inflation and domestic debt. In countries that … experience high inflation, the inflationary process fed on increasing costs of domestic debt. As a result, the increasing debt to … countries into three groups. First group consists of Mexico, Turkey and Brazil; countries with high inflation experiences which …
Persistent link: https://www.econbiz.de/10012766274
useful information about variables such as commodity prices which matter for aggregate demand and thus inflation. Given this …
Persistent link: https://www.econbiz.de/10010208787
The objective of this paper is to find out whether there is a long-term relationship or in other words cointegration …
Persistent link: https://www.econbiz.de/10014466537
Persistent link: https://www.econbiz.de/10013270502
is little evidence regarding its impact on inflation. In this study, the nexus between corruption and inflation was … investigated for 20 countries over the period 1995–2015. Estimation results indicated that high corruption increased inflation … rates, and that there was a unidirectional causal relationship from corruption to inflation for ten countries in the sample. …
Persistent link: https://www.econbiz.de/10011778653
Regarding inflation as being a monetary phenomenon in the long-run is a widely-held view in modern macro economics. We … analyse this topic by means of a P-star model. Based on the quantity theory of money, this approach explains inflation via a …-specific models for 110 economies, and also a pooled system thereof. We test for cointegration among money, prices, and real output …
Persistent link: https://www.econbiz.de/10011419407
Regarding inflation as being a monetary phenomenon in the long-run is a widely-heldDie Aussage, dass Inflation …
Persistent link: https://www.econbiz.de/10012991296
The macroeconomic outcomes of oil price fluctuations have been at the forefront of the debate among economists, financial analysts and policymakers over the last decades. Among others, the oil price-food price nexus has particularly received a great deal of attention. While an abundant body of...
Persistent link: https://www.econbiz.de/10012020543