Showing 1 - 10 of 13,557
This paper is an empirical study of the links between monetary variables and inflation based on Cagan`s equation and … differenced model overcomes Evans` critique of this test and that chronic inflation is essentially a monetary phenomenon caused by …
Persistent link: https://www.econbiz.de/10012781804
Over the last two decades the intensity of credit standards' tightening during economic contractions has exceeded their easing during expansions among euro area banks. This mechanism is fed by the boom-bust cycle of credit that, as much research has shown, is linked to financial instability with...
Persistent link: https://www.econbiz.de/10012865060
series perspective. More specifically, we investigate how dollarization effects inflation, GDP, inflation uncertainty and … money-price relationship in Ecuador. There are four main findings of this study. First, inflation is lower after official … prices and increase in the equity markets of emerging economies. Third, inflation uncertainty measured by inflation variance …
Persistent link: https://www.econbiz.de/10010320533
series perspective. More specifically, we investigate how dollarization effects inflation, GDP, inflation uncertainty and … money-price relationship in Ecuador. There are four main findings of this study. First, inflation is lower after official … prices and increase in the equity markets of emerging economies. Third, inflation uncertainty measured by inflation variance …
Persistent link: https://www.econbiz.de/10003866780
Assessing potential output and the output gap is essential for policy-making and fiscal surveillance. The European Commission proposes a production function methodology that involves the estimation of two classes of Gaussian state space models. This paper presents the R package RGAP which...
Persistent link: https://www.econbiz.de/10013256541
Im Zentrum dieser Dissertation steht das Beschreiben und Erklären von Konjunkturdynamiken. Motiviert durch den außerordentlich starken wirtschaftlichen Einbruch in 2008/2009 betont die Arbeit dabei die Wichtigkeit der Nutzung von nichtlinearen Modellansätzen. Die Dissertation kann als Beitrag...
Persistent link: https://www.econbiz.de/10012154125
This paper investigates evidence of a Fisher effect in Nigeria by employing quarterly CPI inflation and Nominal … inflation rates in the long run despite the presence of positive relationship among the variables. Our study recommends the … adoption of potent policies aimed at checking inflation so as to help reduce high interest rates in order to stimulate growth …
Persistent link: https://www.econbiz.de/10011477662
Persistent link: https://www.econbiz.de/10011664324
Persistent link: https://www.econbiz.de/10009248395
inadequate policy tools and theory from the interwar period, set the stage for the Great Inflation of the 1970s. The lessons from … that experience have convinced monetary authorities to reemphasize the goal of low inflation, as it were, committing …
Persistent link: https://www.econbiz.de/10014024247