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effects of inflation on bank profitability, while controlling for comprehensive bank‐specific and industry‐specific variables … between bank profitability, cost efficiency, banking sector development, stock market development and inflation in China. The …/value – Particular emphasis will be placed on the investigation into the effect of inflation on bank profitability while controlling for …
Persistent link: https://www.econbiz.de/10014863347
Purpose – This study aims to statistically investigate the place of the eurozone countries in the framework of the international economy and particularly within the most advanced non Euro‐currency countries; second it attempts to explain the eventual discrepancies in the performing of the...
Persistent link: https://www.econbiz.de/10014863359
for four African economies, using quarterly data. Finds that money demand depends not only on income, inflation and … interest rates, but also on variability of inflation and interest rates: the more variable the return to an asset, the lower …. Since high inflation tends to be associated with highly variable inflation, any calculation of the seignorage …
Persistent link: https://www.econbiz.de/10014863438
Examines empirically the effects of the rationing system, open inflation and budget deficits on rural and urban … significant impact on rural and urban consumption. Open inflation tends to underestimate inflationary pressure and has no impact …
Persistent link: https://www.econbiz.de/10014863444
Examines the effect of domestic inflation on recorded measures of the current account of the balance of payments. When … domestic inflation is relatively high, it distorts conventionally measured current account deficits. This is because part of … capital account. Presents estimates of Australia′s inflation‐adjusted current account deficit as an example of the methodology …
Persistent link: https://www.econbiz.de/10014863460
Conducts both the cointegration test of the monetary theory of inflation and the Granger‐causality test between the … variables in the system, and also develops univariate and multivariate time series models to forecast inflation rates. Quarterly …‐causality running from inflation to output growth. Comparison of out‐of‐sample quarterly forecasts for the 1988‐1 to 1993‐4 period are …
Persistent link: https://www.econbiz.de/10014863510
During the 1980s Latin America’s inflation problem worsened and successive stabilization programmes failed in many … substantial influence on inflation. In the case of high inflationary countries, the existence of various key prices draw attention …
Persistent link: https://www.econbiz.de/10014863512
inflation, real wages and the real exchange rate for any given rate of unemployment. Inflation, rather than unemployment, is the …
Persistent link: https://www.econbiz.de/10014863544
The monetarist model of inflation is tested with quarterly data over the period 1960‐1983 from six African countries … empirical results are, in general, consistent with the monetarist explanation of inflation.  …
Persistent link: https://www.econbiz.de/10014863822
The relative impacts of the monetised and non‐monetised deficit on output and inflation in the United States are … affected real GNP growth, nominal GNP growth or inflation. For the period 1961‐1982, monetisation is found to have fuelled … inflation with no effect on real GNP. Non‐monetised deficits provided a negative short‐run impact on the rate of inflation over …
Persistent link: https://www.econbiz.de/10014863848