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Este documento analiza el proceso inflacionario en el Perú durante el período 1981-1988. Los resultados de este trabajo muestran la necesidad de profundizar el estudio de los distintos mecanismos que lo impulsan. Asimismo, se evalúa la importancia de las presiones de costos y de demanda en...
Persistent link: https://www.econbiz.de/10004995075
consumer preferences and instead uses asset prices. The method is based on the marginal cost of consumption fluctuations, the …
Persistent link: https://www.econbiz.de/10005664268
We empirically investigate the proposition that firms charge premia on cash prices in transactions involving trade … credit. Using a comprehensive Swedish panel dataset on product-level transaction prices and firm-characteristics, we relate … trade credit issuance to price setting. In a recession characterized by tightened credit conditions, we find that prices …
Persistent link: https://www.econbiz.de/10011857364
's perception of relative prices. Implicit in this hypothesis is the assumption that there is a lag in the public's perception of … the aggregate price level. This paper tests this assumption using the Michigan Survey data on inflation expectations. The …
Persistent link: https://www.econbiz.de/10005418834
falling prices really that bad? According to the Austrian School of Economics, this is not necessarily the case. A distinction … the first three kinds, falling prices are regarded as benign free market responses to changing circumstance, whether these … the Japanese economy of 1990-2001 is revisited. While consumer prices fell in 1995 and 1999-2001, if other prices are …
Persistent link: https://www.econbiz.de/10005419166
inflation that can be attributed solely to the rounding of prices to figures that are "attractive" in euro. The empirical … analysis is based on a large sub-set of prices used by Istat to calculate the general consumer price index for Italy. Between … inflation in 2002 lies between 0.1 and 0.5 percentage points. The changeover apparently worked its effect mainly through …
Persistent link: https://www.econbiz.de/10010854285
Nowadays, with the diffusion of inflation targeting, the main instrument that central banks use to achieve final … objectives in the implementation of monetary policy (concerning inflation and unemployment) is the interest rate. Furthermore …. As inflation, unemployment and interest rates are determinants of the level of poverty, the central bank's behaviour is …
Persistent link: https://www.econbiz.de/10010751991
Nowadays, with the diffusion of inflation targeting, the main instrument that central banks use to achieve final … objectives in the implementation of monetary policy (concerning inflation and unemployment) is the interest rate. Furthermore …. As inflation, unemployment and interest rates are determinants of the level of poverty, the central bank's behaviour is …
Persistent link: https://www.econbiz.de/10010752015
This paper investigates possible structural changes induced by the Euro on the relations among wages, prices and … Spain, instead, we find evidence that deviations from reference values influence inflation dynamics. …
Persistent link: https://www.econbiz.de/10010719407
No abstract.
Persistent link: https://www.econbiz.de/10010684537