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its factors that influence it. The variables which are used are exchange rate, inflation, the price of natural rubber, and … direct, indirect, and total effect of exchange rate, inflation, price to export of natural rubber of North Sumatra by … production of natural rubber. The data calculating uses Eviews 5.1. The result shows that exchange rate, inflation, and price of …
Persistent link: https://www.econbiz.de/10009464537
increasing sensitivity relies solely on a sustained surge in the degree of comovement for headline inflation, it is also based on … a higher region-wide effect of the shocks for the case of energy inflation. Instead, purely exogenous exchange rate … shocks do not seem to have a signifi cant effect on the core component of headline inflation, which also displays a lower …
Persistent link: https://www.econbiz.de/10012523688
Artículo de revista ; The effect of the euro exchange rate on inflation has taken on significant importance recently …, compatible with a pick-up in expected euro area inflation. However, the subsequent depreciation, since February 2018, might … exchange rate movements to overall consumer-price inflation in the Spanish economy has increased slightly in recent years …
Persistent link: https://www.econbiz.de/10012532337
explain the development of inflation dynamics and the formation process of inflation expectations of households respectively. We …
Persistent link: https://www.econbiz.de/10009429015
We study the behavior of real exchange rates in a two-country dynamic equilibrium model. In this model, consumers can only consume domestic goods but can invest costlessly in capital stocks of both countries. Nevertheless, transporting goods between the two countries is costly and, hence, the...
Persistent link: https://www.econbiz.de/10009440709
Using long-span data on the dollar-sterling and dollar-franc real exchange rates over the past two centuries, we apply the findings of various strands of the recent literature in order to examine the statistical and economic significance of the Harrod-Balassa-Samuelson effect (the effect of...
Persistent link: https://www.econbiz.de/10009440727
This paper examines the long-run validity of purchasing power parity (PPP) for fourteen developing countries. The period examined is 1973:4 through 2002:8. The methods of Elliot, Rothemberg and Stock (1996), Kwiattkowski et al. (1992) and Geweke and Porter-Hudak (1983) are employed to detect the...
Persistent link: https://www.econbiz.de/10009441661
Finding evidence of the theoretical relationship between exchange rate and inflation has been a difficult proposition …
Persistent link: https://www.econbiz.de/10009441758
In this paper we present an overview of a number of issues relating to the equilibrium exchange rates of transition economies of the former soviet bloc. In particular, we present a critical overview of the various methods available for calculating equilibrium exchange rates and discuss how...
Persistent link: https://www.econbiz.de/10009477512
Vector error-correction models (VECMs) have become increasingly popular in their applications to financial markets. Standard VECM models assume that the cointegrating vectors are of full rank such that they contain no zero elements. However, applications of VECM models to financial market data...
Persistent link: https://www.econbiz.de/10009451311