Showing 1 - 10 of 13,043
This paper examines the role of inflation expectations in Solomon Islands, a Pacific Island Country, using the Hybrid … matter for inflation. Fuel prices and output gap are important indicators of current inflation. The study highlights key … through effect onto domestic prices. Studies on the role of inflation expectations in small, open, economies of the Pacific …
Persistent link: https://www.econbiz.de/10012628568
We analyse the determinants of the inflation trends in ten Southeast European (SEE) countries. Global cost …-related factors and euro area inflation developments play an important role in explaining inflation dynamics in SEE countries. Changes … exchange to the euro area (EA) market appear to be susceptible to inflation spillovers from the euro area. Moreover, nominal …
Persistent link: https://www.econbiz.de/10012101480
This paper investigates the drivers of inflation in 34 Organization for Economic Cooperation and Development countries … costs are a major source of price instability, whereas massive cash transfers generate demand-pull inflation. Moreover …
Persistent link: https://www.econbiz.de/10014550880
"harmful inflation" regime for higher nominal GDP growth rates, these results have strong implications for guiding recent …
Persistent link: https://www.econbiz.de/10012816136
Regression model for the period 1995Q1 to 2018Q2. The empirical evidence reveals the existence of two inflation regimes during … the period under review. Food inflation, energy inflation, firms’ marginal cost, and imported inflation account for most … exchange rate solely explains price changes in the composite consumers’ basket when inflation switches to high regime …
Persistent link: https://www.econbiz.de/10012178169
achieved by maximization of utility subject to budget constraint. An increase in inflation that is not accompanied by … about inflation which in turn requires appropriate modelling of inflationary behavior. This study assesses efficacies of … different versions of new Keynesian Phillips curve for capturing dynamics of CPI inflation. Estimation of different formulations …
Persistent link: https://www.econbiz.de/10013464675
This paper is focused on modern monetary theory's (MMT) treatment of inflation from an open-economy perspective. It … analyses how the inflation process is explained within the MMT framework and provides empirical evidence in support of this … facing an inflation-unemployment trade-off. …
Persistent link: https://www.econbiz.de/10014433719
The global financial crisis of 2007-2008 had a negative impact on many countries, including Vietnam. Many policies have been applied to stabilize the macro-economic indicators. However, most of them are based on old qualitative models, which do not help policy makers understand deeply how each...
Persistent link: https://www.econbiz.de/10011610450
In this paper, we look for the relevance of chaos in the well-known Hicks-Samuelson's oscillator model investigating the endogenous fluctuations of the national income between two limits: full employment income and under-employment income. We compute the Lyapunov exponent, via Monte-Carlo...
Persistent link: https://www.econbiz.de/10012623438
This paper extends the model of overlapping generations with heterogeneous agents, allowing both classes (capitalist and worker) to hold a positive intergenerational capital stock. The main results were:(i)equilibrium interest rates that maximize the consumption and savings plans of working and...
Persistent link: https://www.econbiz.de/10011865768