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markets now expect is not enough to reduce inflation to targets, experience from previous global recessions suggests that the …
Persistent link: https://www.econbiz.de/10013383374
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certain types of "money assets" may serve both as an indirect hedge against inflation in the two interpretations of the word …The present work offers a review on two divergent schools of thought regarding the subject of money and highlights why … understanding it is important to grasp the workings and nature of the concept of money. We adopt a spontaneous order perspective on …
Persistent link: https://www.econbiz.de/10013170942
money), and monetary aggregates, with regard to Indonesia's GDP variables and inflation. This paper uses threshold vector … inflation, trade flows, capital inflow, capital account transactions, reserve accumulation, global liquidity (e.g., global broad … 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
In this paper, we examine whether domestic or global output gap affects inflation in three panels: the European Union … inflation in individual countries of the European Union. To find the determinants of inflation, we employ the Granger causality … show that after the crisis the global output gap predicts the evolution of inflation in the Eurozone panel. On the other …
Persistent link: https://www.econbiz.de/10014464251
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Persistent link: https://www.econbiz.de/10011558032
-- Chapter 6: Money as the Ability and Some Related Issues -- Chapter 7: Money as the Ability and inflation -- Chapter 8: The … universal type or representation. The book explains inflation as the increased need to acquire money, that is the need to employ …Chapter 1: Introduction -- Chapter 2: Existing Literature: A Brief Tour -- Chapter 3: What is Money? -- Chapter 4: The …
Persistent link: https://www.econbiz.de/10014502129
During the ongoing financial crisis the analysis of similar historical crises has gained more and more attention among economic researchers and forecasters. Existing studies, however, do not tackle the immense heterogeneity that is present in cross-country samples in a formal and consistent way....
Persistent link: https://www.econbiz.de/10003832101
fall in oil prices tends relatively quickly to lower interest rates and inflation in most countries, and increase global …
Persistent link: https://www.econbiz.de/10011502542