The paper offers a new theoretical framework for linking inflation and accumulation, with the Israeli experience as a … employment) or ‘depth’ (relative profit per employee). In the Israeli case, inflation accelerated since the 1970s when the large … reached those limits during the early 1980s, and how this brought the inflation spiral to an end. …

money holdings. Properties of equilibria are obtained analytically and equilibria are solved in closed form in a variety of … cases. Lump-sum transfers financed with money creation are welfare-enhancing when labor productivity is low whereas … preferences and the velocity of money under heterogeneous preference shocks. …

crowding out are raised. Some aspects of inflation and hyper-inflation are then discussed. The conditions for the establishment …

The paper explores the role, evolution and ruling principles of the concept of "money" in the 21st Century. In this …

This paper examined the impact of fiscal deficit on inflation in Namibia. The paper employed Autoregressive Distributed … evidence of a long run positive effect of fiscal deficit on inflation in Namibia. This suggests that fiscal deficit has a … direct effect on inflation in Namibia. The study also found a unidirectional causality running from fiscal deficit to …

This paper investigates evidence of a Fisher effect in Nigeria by employing quarterly CPI inflation and Nominal … interest rates data. For a more robust result we conducted integration and cointegration tests in order to examine time …-series properties of the variables. Using Co-integration and Kalman filter methodologies, the study did not find evidence of a full …

persistence of the services sector inflation during disinflation periods hampered the efforts of the Central Bank of Turkey of … hitting inflation targets in a country with long-lasting high inflation experience. In search of a possible long …

considered a strategic goal for any country. Accordingly, this study aims to analyze the short- and long-run impacts of inflation … findings confirmed that there is a statistically significant long- and short-run negative effect of inflation on financial …

15 years. Controlling for the most important other factors influencing the inflation rate, we estimate cointegrations and …

Many different events happened in 2014 that affected Russia’s domestic markets. Among different dairy products, cheese … development in the domestic Russian market. Based on the law of one price, we considered price cointegration and price dispersion … applied Johansen co-integration test, VECM and dynamic panel models. We used 39 price pairs between main cheese producing and …