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particular the aim of price stability, understood as low and stable inflation. Design/Research methods: The article was prepared … inflation reduces uncertainty about future price developments. This facilitates decision-making for companies concerning …
Persistent link: https://www.econbiz.de/10013198396
The objective of this research paper is to examine the relationship between relative price variability and inflation by … demonstrated that there is a probable relationship between inflation (DPt) and both un-weighted measures of price variability (VPt …
Persistent link: https://www.econbiz.de/10011797160
Modern monetary theory (MMT) has grown in popularity in recent years. Several central bankers have made passing comments about it. However, the publication of two papers by Drumetz/Pfister of the Banque de France in 2021 represents the first attempt at a more systematic assessment of MMT by two...
Persistent link: https://www.econbiz.de/10014433715
frequency vector autoregression (VAR). It shows that potential causalities for inflation, relative price variability, relative …
Persistent link: https://www.econbiz.de/10014465997
The welfare costs of inflation and inflation uncertainty are well documented in the literature and empirical evidence … inflation and inflation uncertainty in Egypt using monthly time series data during the period January 1974 - April 2015. To … endogenously control for any potential structural breaks in the inflation time series, Zivot and Andrews (2002) and Clemente …
Persistent link: https://www.econbiz.de/10011379937
This paper examines the relationship between inflation and inflation uncertainty in Nigeria. It attempts to test … whether the Friedman's hypothesis - that a rise in the average rate of inflation leads to more uncertainty about future rate … of inflation - holds for the country. The monthly inflation data spanning the period 1960:1 to 2014:07 was used …
Persistent link: https://www.econbiz.de/10011489799
. Steigen sie, steigt auch die gefühlte Inflation. In der Inflationsmessung der EZB spielen sie für den Euroraum bisher aber … erklären können, warum die von den Haushalten gefühlte Inflation in den vergangenen Jahren deutlich über der offiziellen … Inflation - könnte helfen, die Glaubwürdigkeit der EZB und ihrer Politik zu stützen. …
Persistent link: https://www.econbiz.de/10012705648
The key to understanding the series of supply shocks that have hit inflation is the nature of the COVID-19 recession. …
Persistent link: https://www.econbiz.de/10013252686
Persistent link: https://www.econbiz.de/10013252689
Persistent link: https://www.econbiz.de/10013178015