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This study revisited the traditional money supply - inflation nexus, presented in Fisher's equation, but relaxed its …) Model, and concluded that, while money supply has positive and statistically significant impact on inflation during periods …
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The paper adds money supply and inflation expectations shocks to a well-known three-variable structural model that … supply and to inflation expectations significantly increase real oil prices; with the unadjusted M1 aggregate there is no … role played by inflation expectations and the money supply shocks during major oil shock episodes. These shocks partially …
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This paper investigates the impact of the money supply in different states of inflation and economic growth in South … different states of inflation and economic growth. Moreover, the use of shock accounts for time-varying elasticity. It is found …, the money supply was insignificant. The money supply had a negative and a positive impact on inflation in states 1 and 2 …
Persistent link: https://www.econbiz.de/10014230763
Part of the present inflation is caused by the breakdown of globalization, in particular supply chains, part is caused … the past and in the presence. This paper attributes inflation decisively to the overwhelming money creation by the …
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