This paper analyzes relationships among money, barter, and inflation in Russia during the transition period. Following … economy, we estimate the model using structural cointegration and vector error-correction methods. Our findings suggest that … Russian barter resulted partly from output losses, and, to a lesser extent, from the reduction in real money balances. We also …

This paper analyzes relationships among money, barter, and inflation in Russia during the transition period. Following … economy, we estimate the model using structural cointegration and vector error-correction methods. Our findings suggest that … Russian barter resulted partly from output losses, and, to a lesser extent, from the reduction in real money balances. We also …

monetary conditions always signal an increase in in.ation. Recently, money growth in the euro area surged while inflation …The relationship between monetary indicators and inflation is ussually assumed to be linear, implying that looser …, suggesting that part of the money growth resulted from portfolio adjustment and was hence non-inflationary. We employ a threshold …

The purpose of this study is to empirically re-investigate the money-prices nexus for Malaysia through the … cointegration and causality techniques. This study covered the monthly data from 1971:01 to 2008:03. The Johansen cointegration test … money supply (M2) to aggregate prices, meaning that only the monetarist’s view exist in the Malaysian economy. However, the …

In this paper we evaluate the relative influence of external versus domestic inflation drivers in the 12 new European … well supported in the new EU member states. We also find that the inflation process is dominated by domestic variables in …

inflation, especially in the short term. However, in order to strengthen the economy's resilience to oil-price shocks, the paper …

In this paper we evaluate the relative influence of external versus domestic inflation drivers in the 12 new European … well supported in the new EU member states. We also find that the inflation process is dominated by domestic variables in … Keynesian Phillips Curve ; small open economies ; inflation dynamics ; new EU member countries ; GMM estimation …

-economic environment? In this paper, we make use of a natural experiment to analyse the role of inflation experiences and institutions in … the formation of individual inflation preferences. In particular, we exploit the division of post-war Germany to … investigate to what extent the factual non-experience of inflation and 40 years of Communism have affected inflation preferences …

We exploit variation in consumer price inflation across 71 Russian regions to examine the relationship between the … perceived stability of the domestic currency and financial dollarization. Our results show that regions with higher inflation … to firms in non-tradable sectors. The impact of inflation on credit dollarization is weaker in regions with less …

inflation, especially in the short term. However, in order to strengthen the economy's resilience to oil-price shocks, the paper …-output Analysis ; Inflation ; Industrial Structure ; China ; the United States …