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interest rate, the study found evidence for the popular Fisher's effect and, then, suggested that inflation targeting should be …
Persistent link: https://www.econbiz.de/10012429646
economies (TEs). Design/methodology/approach – The paper discusses monetary policy rules, inflation targeting, political risk … monetary policy leads to an ambiguity premium on inflation. Originality/value – The paper advocates a simple monetary policy …
Persistent link: https://www.econbiz.de/10014768726
factors. The main purpose of this study is to determine the effects of inflation (consumer price index), interest rate, rental … starting from January 2002 to December 2019. Findings of the study suggest that inflation, interest rate, rental and political … long-run decline in housing prices while high-interest rates and inflation cause an increase in housing prices. Based on …
Persistent link: https://www.econbiz.de/10013461184
interest rate, the study found evidence for the popular Fisher's effect and, then, suggested that inflation targeting should be …
Persistent link: https://www.econbiz.de/10014547759
The political climate of any country has become one of the pillars of decision-making for investment and any other financial business. Zimbabwe is one of the countries that have experienced political instability for the longest time. Many studies have looked at the impact of political risk on...
Persistent link: https://www.econbiz.de/10013398090
This paper discusses the potential benefits of monetary policy rules for transition economies [TEs]. It is argued that the nominal interest rate may fail to be the appropriate instrument in such rules. One reason is the amount of non-calculable political and economic risk inherent in TEs. These...
Persistent link: https://www.econbiz.de/10010942540
Inflation expectations constitute a subject of particular contemporary interest to central banks, especially those … pursuing a monetary policy based on a strategy of direct inflation targeting. Macroeconomic theory indicates that the … to properties of inflation expectations. Qualitative data on inflation expectations, as obtained from surveys, can be …
Persistent link: https://www.econbiz.de/10009635882
, however, is the incompleteness of its reform process: the boom-bust nature of its growth, persistently high inflation, delays …, to reduce inflation to single digits by the end of 2002. Since then, though, Turkey has experienced two financial crises … and redesigned its stabilization program to bring inflation down more gradually. This collection analyzes the nature of …
Persistent link: https://www.econbiz.de/10010513258
. Since inflation in our model is driven by distribution conflict, the "normal rate" of utilisation is associated with … consistent claims of firms and employees. Taking into account real debt effects of changes in inflation and distribution effects … Inflation in unserem Modell durch Verteilungskonflikte verursacht wird, ist der normale Auslastungsgrad durch miteinander …
Persistent link: https://www.econbiz.de/10003744529
Persistent link: https://www.econbiz.de/10009309833