Showing 1 - 10 of 2,399
The main objective of this study is to investigate the effect of interest rate, inflation rate, and GDP on real …, and inflation level) is employed. Study adopted Johansen test. Findings indicated that both trace test and max eigenvalue … inflation causes interest rate. On the other hand all other variables are independent with each other. Regressionwas conducted …
Persistent link: https://www.econbiz.de/10009755676
economic growth. This paper examines the roles of three other factors: primary budget surpluses, surprise inflation, and pegged … inflation and the pre-Accord peg. In this counterfactual, debt/GDP declines only to 74% in 1974, not 23% as in actual history …
Persistent link: https://www.econbiz.de/10014337810
tighter monetary policy as it experiences rampant inflation (in some countries at a 40-year high). As the economy has yet to …
Persistent link: https://www.econbiz.de/10014257291
conditions, characterized by higher and more stable real per-capita growth rates, and lower and more stable inflation. This paper … complemented by better exchange rate management (resulting in lower exchange rate and inflation volatility) and more fiscal …
Persistent link: https://www.econbiz.de/10013336273
respectively to the relation between interest rate and investment ratio. Moreover, an equation related to the inflation dynamics …
Persistent link: https://www.econbiz.de/10011515567
The role of monetary policy in promoting economic growth remains empirically an open research question. This paper attempts to bridge the knowledge gap by investigating the impact of monetary policy on economic growth in Tanzania during the period from 1975 to 2013, using the autoregressive...
Persistent link: https://www.econbiz.de/10011889569
share of inflation variation due to a global factor has become larger since 1985. Third, over most of the post-WWII period …, international comovements within regions have accounted for the bulk of fluctuations in business cycle and inflation. Fourth, prices …
Persistent link: https://www.econbiz.de/10010277877
economic growth and inflation show a large dispersion. For the median respondents, however, the quantitative perceptions were … general public than inflation. The results on qualitative and quantitative perceptions of current inflation could be … interpreted as the Dutch public having a high level of inflation aversion. Those who have declared themselves more knowledgeable …
Persistent link: https://www.econbiz.de/10012756704
A theoretical model for growth or inflation should be able to reproduce the empirical features of these variables … the real business cycle literature or by new-keynesian studies on inflation persistence. While a time series model can … series models can really outperform standard linear models for GDP growth and inflation, and should therefore substitute them …
Persistent link: https://www.econbiz.de/10012751933
We investigate the causal relationship between the public debt to GDP ratio and economic growth for 31 EU and OECD countries from 1995 to 2013. A number of studies have tackled this problem, but very few make the transmission mechanism explicit in their analysis. We estimate a panel VAR model...
Persistent link: https://www.econbiz.de/10011418197