Showing 1 - 10 of 2,479
inflation and is shown to be Granger-causal for euro area inflation in an out-of-sample forecasting exercise. In part, this … contrast, the influence of Japanese and euro area excess liquidity on euro area inflation is more limited. …
Persistent link: https://www.econbiz.de/10010299143
The marked turnaround in Russia's foreign trade in 2023 exerted strong downward pressure on the Russian rouble, which lost around 30% of its value. Global oil prices were declining in the first half of the year, the EU import embargo on Russian oil depressed prices even further; and on top of...
Persistent link: https://www.econbiz.de/10015065596
for future inflation for the cross section of New EU Member States. This paper provides stylized facts on monetary versus … non-monetary (economic and fiscal) determinants of inflation in these countries as well as formal econometric evidence on … predicting inflation at longer (3-year) horizons. …
Persistent link: https://www.econbiz.de/10011605061
inflation sentiment. We construct some simple measures of inflation sentiment which capture whether price acceleration is shared …In this paper we argue that future inflation in an economy depends on the way people perceive current inflation, their … by many components of the CPI basket. In a comparative analysis of the forecasting power of the different inflation …
Persistent link: https://www.econbiz.de/10010264748
We investigate optimal horizons for targeting inflation in response to different shocks and their properties under … alternative preferences of an inflation-targeting central bank. Our analysis is based on a well specified macroeconometric model … inflation and output. Successful inflation targeting in such cases may require a complex interest rate response. The optimal …
Persistent link: https://www.econbiz.de/10012143678
price indices respond to exchange rate movements and/or foreign inflation. The impact of exchange rate is most substantial …In the paper we have investigated to what extent the behaviour of CPI inflation depends on changes in domestic economic … price indices at the COICOP 4-digit level. We specified a small open economy Phillips curve for individual price indices …
Persistent link: https://www.econbiz.de/10010667394
The marked turnaround in Russia's foreign trade in 2023 exerted strong downward pressure on the Russian rouble, which lost around 30% of its value. Global oil prices were declining in the first half of the year, the EU import embargo on Russian oil depressed prices even further; and on top of...
Persistent link: https://www.econbiz.de/10015070595
inflation and is shown to be Granger-causal for euro area inflation in an out-of-sample forecasting exercise. In part, this … contrast, the influence of Japanese and euro area excess liquidity on euro area inflation is more limited. …
Persistent link: https://www.econbiz.de/10008533525
In this paper, I investigate how inflation signals from different types of newspapers influence household inflation … tabloid's indicator is more effective for predicting perceived inflation among low-income and lower-education households … inflation expectations across various segments of society, providing valuable insights for policymakers to tailor communication …
Persistent link: https://www.econbiz.de/10014578009
Persistent link: https://www.econbiz.de/10010368564