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this policy strategy could have largely prevented the post-pandemic inflation episode. …
Persistent link: https://www.econbiz.de/10014632303
This study examines whether central banks can combat inflation that is caused by rising energy prices. By using a high …
Persistent link: https://www.econbiz.de/10014230113
coordinated wage bargaining systems have a dampening impact on inflation volatility. …
Persistent link: https://www.econbiz.de/10011605051
, inflation and unemployment, we detect a wrong sign in the response of inflation to contractionary monetary policy shocks … 1999-2019, when the Federal Funds Rate and the Euro-Dollar exchange rate are added to the VAR model inflation shows … significant unemployment inflation trade-off emerges. These conclusions are confirmed by using industrial production instead of …
Persistent link: https://www.econbiz.de/10013168711
inflation, trade flows, capital inflow, capital account transactions, reserve accumulation, global liquidity (e.g., global broad … money), and monetary aggregates, with regard to Indonesia's GDP variables and inflation. This paper uses threshold vector … identified two groups of upper regime and lower regime world variables-namely, world inflation, world GDP, and world commodity …
Persistent link: https://www.econbiz.de/10012799838
the implications of digitalisation for measurement, productivity, labour markets and inflation, as well as more recent …
Persistent link: https://www.econbiz.de/10012626753
Digitalisation can be viewed as a major supply/technology shock affecting macroeconomic aggregates that are important for monetary policy, such as output, productivity, investment, employment and prices. This paper takes stock of developments in the digital economy and their possible impacts...
Persistent link: https://www.econbiz.de/10012254362
across the sample. Evidence in favour of a diminishing effect of oil price shocks on the output and inflation is found from … in the last part of the 1990s and, especially, for the CPI inflation in the 2000s. The most outstanding result is that … the oil price movements could explain at least some of the recent inflation, the main difference between these outcomes …
Persistent link: https://www.econbiz.de/10011575575
observed puzzling co-movement. The computation also indicates that decrease in expected variation in inflation, results in … increased unemployment by 61.0 per cent decrease in the variation in expected inflation associated with a unit change in the …
Persistent link: https://www.econbiz.de/10011881294
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...
Persistent link: https://www.econbiz.de/10011857364