Showing 1 - 10 of 37,041
Inflation in advanced economies is low by historical standards but there is no threat of deflation. Slower economic … growth is caused by supply-side constraints rather than low inflation. Below-the-target inflation does not damage the … reputation of central banks. Thus, central banks should not try to bring inflation back to the targeted level of 2%. Rather, they …
Persistent link: https://www.econbiz.de/10012230450
The objective of this paper was to analyse the relationship between inflation and economic growth in Burundi and to … determine whether there is an inflation threshold or not to allow monetary authority to adopt the optimal policies to deal with … between inflation and economic growth. The results showed a negative and significant relationship in the short run between …
Persistent link: https://www.econbiz.de/10014500848
. There is strong evidence of a positive and significant association between the pass-through and the average inflation rate … across countries and periods. The inflation rate, moreover, dominates other macroeconomic variables in explaining cross …
Persistent link: https://www.econbiz.de/10013317764
does not play a role in restricting inflation in the short-run. On the other hand, a fixed exchange-rate regime plays a … significant role. The results are robust to controlling for other variables that determine inflation, performing sensitivity …
Persistent link: https://www.econbiz.de/10014029404
future inflation remain less well understood. Here we exploit a global dataset of monthly consumer price indices to identify … the causal impacts of changes in climate on inflation, and to assess their implications under future warming. Flexibly …, future warming will cause global increases in annual food and headline inflation of 0.92-3.23 and 0.32-1.18 percentage …
Persistent link: https://www.econbiz.de/10014354529
over the period from 1996Q2 to 2013Q2 by applying Bayesian estimation techniques. …
Persistent link: https://www.econbiz.de/10011336943
inflation, trade flows, capital inflow, capital account transactions, reserve accumulation, global liquidity (e.g., global broad … money), and monetary aggregates, with regard to Indonesia's GDP variables and inflation. This paper uses threshold vector … identified two groups of upper regime and lower regime world variables-namely, world inflation, world GDP, and world commodity …
Persistent link: https://www.econbiz.de/10012799838
Persistent link: https://www.econbiz.de/10013270502
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
Inflation dynamics have been difficult to explain over the last decade. This paper explores if a more comprehensive … treatment of globalization can help. CPI inflation has become more synchronized around the world since the 2008 crisis, but core … and wage inflation have become less synchronized. Global factors (including commodity prices, world slack, exchange rates …
Persistent link: https://www.econbiz.de/10012225141