Showing 61 - 70 of 49,862
In this paper the issue of causality between wages and prices in R. Macedonia has been tested. OLS relationship between … prices and wages is positive; productivity is not significant in determination of prices or wages too. Engle-Granger test …
Persistent link: https://www.econbiz.de/10010317247
prices that is consistent with the price specie flow mechanism. Changes in reserves were positively related to the money … supply and changes in the money supply had a lagged positive effect on changes in the level of consumer prices. …
Persistent link: https://www.econbiz.de/10010281339
prices, productivity levels and markups as functions of openness to trade at a sectoral level. The theory lends itself … evidence that trade openness exerts a competitive effect, with prices and markups falling and productivity rising. Consistent …
Persistent link: https://www.econbiz.de/10011506613
estimate of firms' price responses to changes in prices of their competitors. We develop a general framework and an empirical …, which contains detailed information on firm domestic prices, marginal costs, and competitor prices. The rare features of …, that these findings have important implications for shaping the response of domestic prices to international shocks. …
Persistent link: https://www.econbiz.de/10011538001
especially to global demand fluctuations associated with declines in commodity prices. However, despite the similarities that …
Persistent link: https://www.econbiz.de/10012141999
.The paper shows that declining nominal prices were a rather common phenomenon during this period of low or no inflation ….The declining prices cannot, however, be explained by lack of demand or any generalized deflationary tendencies.Hence, the downward … rigidity of nominal prices has not prevented relative price adjustments under price stability.The paper develops a new method …
Persistent link: https://www.econbiz.de/10012147926
Concerns about the magnitude and length of exchange rate pass-through to consumer prices have increased in many … policy environment. This paper examines the exchange rate pass-through effect at the aggregate level into import and consumer … prices in Nigeria for the period 1995Q1 - 2015Q1. Utilizing the Johansen approach to cointegration and a vector error …
Persistent link: https://www.econbiz.de/10011460225
This paper examines the impact of public sector borrowings on prices, interest rates, and output in Nigeria. It …
Persistent link: https://www.econbiz.de/10011460388
We examine the relationship between prices and interest rates for seven advanced economies in the period up to 1913 …, emphasizing the UK. There is a significant long-run positive relationship between prices and interest rates for the core commodity …
Persistent link: https://www.econbiz.de/10010402305
This paper examines the current state of price convergence amongst the eleven initial EMU member states. Special attention is given to possible changes in the convergence process during the euro cash changeover. We apply the convergence approach using both panel estimates of changes in the...
Persistent link: https://www.econbiz.de/10010425231