Showing 111 - 120 of 150,572
This paper forecasts inflation in Sudan following two methodologies: the Autoregressive Moving Average (ARMA) model and … by looking at the leading indicators of inflation. The estimated ARMA model remarkably tracks the actual inflation during … indicators explaining inflation in Sudan. Inflation forecasts based on both approaches suggest that inflationary pressures for …
Persistent link: https://www.econbiz.de/10008528630
This paper examines El Salvador’s transition to official dollarization by comparing aspects of this regime to the fixed exchange rate regime prevailing in the 1990s. Commercial bank interest rates are analyzed under an uncovered interest parity framework, and it is found that...
Persistent link: https://www.econbiz.de/10009151223
Containing inflation has turned out to be one of the most challenging aspects of economic management in Iraq. This … paper posits that conventional as well as unconventional factors explain inflation dynamics in the recent past. We build a … fuel shortages, with implications for fuel and non-fuel inflation. A number of step-wise adjustments of administered prices …
Persistent link: https://www.econbiz.de/10008560425
-rate policy fits a conventional forward-looking reaction function with an inflation target of about 1 percent. The disappointing … inflation target would not have yielded a lasting improvement in performance. However, a price-targeting rule or a policy rule … that combined a higher inflation target with a more aggressive response to output would have achieved superior …
Persistent link: https://www.econbiz.de/10008460594
gaps on output growth, inflation, and net saving rates using panel data for 20 Asian countries for 1980-2008. We find a … significant pass-through of the global monetary gap to domestic monetary gaps, which in turn affect output growth and inflation …
Persistent link: https://www.econbiz.de/10008671301
How should a central bank organize itself to produce the best possible inflation forecast? This paper discusses … elements for building a comprehensive platform for an inflation forecasting framework. It describes the exercise of forecasting … inflation as a production process, which induces a strict discipline concerning data management, information gathering, the use …
Persistent link: https://www.econbiz.de/10005826419
This paper highlights that central banks from Brazil, Chile, Colombia, Mexico, and Peru (the LA5 countries) reaped the benefits of what they sowed in successfully weathering the global crisis. The adoption of far-reaching institutional, policy, and operational reforms during the last two decades...
Persistent link: https://www.econbiz.de/10008777018
The Paraguayan economy suffered setbacks throughout 2011–12 owing to drought, export ban, and inflation. Recovery …
Persistent link: https://www.econbiz.de/10011243170
This study examines money demand and inflation dynamics in the Islamic Republic of Iran using quarterly data for the … long-run money market equilibrium condition is identified and the short-run behavior of the inflation, measured in terms of …/01-2001/02 buoyed the demand for domestic money and contributed to the decline in inflation. Tests of model stability do not point to a …
Persistent link: https://www.econbiz.de/10005825599
This Selected Issues paper on the Russian Federation underlies inflation persistence and evolution in response to … structural shocks. Inflation in Russia has been characterized by a considerable degree of persistence. An explicit inflation … inflation. Allowing more nominal appreciation would help to keep inflation on a downward path and better anchor inflation …
Persistent link: https://www.econbiz.de/10011243057