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This paper investigates the long run and short run relationships of monetary policy, inflation and economic growth in … relationships of monetary policy and inflation are available and most of these have analyzed the effectiveness of monetary policy in … controlling inflation in Pakistan. The present study fills the gap in the literature by analyzing the nexus of monetary policy …
Persistent link: https://www.econbiz.de/10011938320
Das Schlagwort „Neue Ökonomie" umschreibt eine Wirtschaft mit einem inflationsfreien Wachstum bei niedriger Arbeitslosigkeit, wie sie in den Vereinigten Staaten seit einigen Jahren zu beobachten ist. Ist diese Konstellation von Dauer? Liegen ihr ganz neue ökonomische Gesetzmäßigkeiten...
Persistent link: https://www.econbiz.de/10010302091
This paper provides an overview of both theoretical and empirical literature on the link between public investment (capital) and economic growth (national income). We first survey the channels through which public capital can conceivably affect growth. We then turn to reviewing the existing...
Persistent link: https://www.econbiz.de/10010276412
After almost four decades of price stability, inflation has recently approached historical highs. Initially driven by … global energy and food price increases, the magnitude of the surge in inflation caught central banks and markets by surprise … monetary policy tightening, inflation upside risks are large. How can central banks restore control - and with it their own …
Persistent link: https://www.econbiz.de/10014334696
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the region. This confirms the menu cost theory of price setting: the higher the rate of inflation, the quicker the …In the Southern African Development Community, the relationships between exchange rate instability, inflation and … rate instability and inflation on economic growth for SADC countries. This article examined the influence of exchange rate …
Persistent link: https://www.econbiz.de/10013200009
money supply and national outcome, inflation, and price level are studied in three cases: full-employment equilibrium …
Persistent link: https://www.econbiz.de/10013200410
sample of 28 nations within the European Union, the study examined the degree to which economic growth and inflation impacted … that economic sentiment and household consumption were significantly shaped by the proxies of economic growth and inflation …. Moreover, in the case of economic sentiment, the negative impact of inflation was much stronger than the positive impact of …
Persistent link: https://www.econbiz.de/10013201020