Showing 1 - 10 of 1,009
Die Wachstumsschwäche in einigen europäischen Ländern wie Portugal und Italien in der ersten Hälfte dieses Jahrzehnts sowie anhaltend hohe Inflationsraten und ein Bauboom in Spanien haben zu einer Debatte darüber geführt, ob sich möglicherweise die einzelnen Länder der Eurozone...
Persistent link: https://www.econbiz.de/10011601730
Veränderung der Standardabweichung bei Inflation und Wirtschaftswachstum um den Euro-Mittelwert zu kurz greift, da diese …
Persistent link: https://www.econbiz.de/10010377812
This paper examines the presence of asymmetric behavior in exchange rate pass-through (ERPT) to CPI inflation in 12 …
Persistent link: https://www.econbiz.de/10010310642
inflation, trade flows, capital inflow, capital account transactions, reserve accumulation, global liquidity (e.g., global broad … money), and monetary aggregates, with regard to Indonesia's GDP variables and inflation. This paper uses threshold vector … 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/10013199900
könnten. Die Autoren des Zeitgesprächs sehen diese Gefahr nicht. Vielmehr könne ein gemäßigter Anstieg der Inflation sogar … raised the question whether such a role of the ECB must lead to higher rates of inflation. Under current recessive … macroeconomic conditions in the eurozone, the ECB's expansionary monetary policy will not lead to higher inflation. On the contrary …
Persistent link: https://www.econbiz.de/10010471322
using money growth targets until 1999. Since 2000, when a new policy framework was introduced that focuses on an inflation … growth impacts on inflation. M2, however, matters only if the downward shift in nominal interest rates over the sample is …
Persistent link: https://www.econbiz.de/10011933162
the aim of analysing counterfactually the globalisation effect on inflation. The main findings are (i) the effect is … globalisation impact as far as inflation persistence is concerned while the impact on inflation variability can be positive as well … as negative. Overall, globalisation is found to have contributed positively to lowering rather than stabilising inflation …
Persistent link: https://www.econbiz.de/10010314580
The article points out that monetary stability does not hinge upon formal central bank independence. The reason is that the legislator can easily restrict that independence by changing the law. Because the EU council as the true legislator does not face effective supervision by the citizens it...
Persistent link: https://www.econbiz.de/10010333197
indicate substantial improvements in inflation and unemployment. Amongst the founding states, Ireland has idiosyncratically …
Persistent link: https://www.econbiz.de/10011708719
In this article, the issue of the monetary independence problem in view of the Romania's European Monetary Union accession is investigated empirically. It is frequently argued that for such a country, the main cost of participation in a currency area is the loss of monetary policy independence....
Persistent link: https://www.econbiz.de/10011868498