Showing 1 - 10 of 13,901
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
accounts of profit inflation, wherein U.S. firms' market power allowed them to maintain - and, for some firms, increase - their …
Persistent link: https://www.econbiz.de/10015057213
This paper reviews the post-Keynesian theory of inflation against the background of the simultaneous rise in inflation … discussed. The paper applies the latter to elucidate recent inflation trends propelled by increasing imported energy prices and … then rising mark-ups. The effects of inflation-targeting central bank interest policies versus a post-Keynesian alternative …
Persistent link: https://www.econbiz.de/10015057214
The COVID-19 pandemic eventually gave rise to large increases in profits, profit shares and inflation rates. A major … controversy has developed among economists and in the media about whether this was largely caused by profit inflation, that is, by … inflation, dealing with its definitions and the complexities of its measures. In particular, it shows that increases in economic …
Persistent link: https://www.econbiz.de/10015057215
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