Showing 90,461 - 90,470 of 91,945
foreign factors are important determinants of inflation in Uganda …
Persistent link: https://www.econbiz.de/10014401658
This paper investigates inflation dynamics in Sudan using three different approaches: the single equation model, the …-conflict country that uses these three separate techniques to understand inflation dynamics. The use of these approaches is … inflation with 18-24 months time lag …
Persistent link: https://www.econbiz.de/10014401745
Increases in German core inflation following the 2007 VAT hike were smaller than expected, leading to speculation about … small increase upon implementation. We find that core inflation rose by 0.36 percentage point in the run up and by a further … in core inflation in 2006-07 at an estimated pass-through of 73 percent. Most of the increase in 2006 was of general …
Persistent link: https://www.econbiz.de/10014401819
According to theory, inflation persistence should have less variance across countries under pegged than floating … allowing for the upward bias to persistence estimates created by shifts in mean inflation, the paper finds persistence has a … accommodative of inflation under floating rates, most probably because of the shifts in monetary policy rather than those in …
Persistent link: https://www.econbiz.de/10014401841
-causes inflation in the euro area. Based on data from 1970 to 2006 and forecasting horizons of up to 12 quarters, there is surprisingly … power of money growth for inflation is substantially lower in more recent sample periods compared to the 1970s and 1980s …. This cautions against using money-based inflation models anchored in very long samples for policy advice …
Persistent link: https://www.econbiz.de/10014401871
income inequality and inflation. The model''s key features are unequal access to both inflation-hedging opportunities and the … for inflation. The paper''s empirical section focuses on this predicted interaction effect. The identification strategy …
Persistent link: https://www.econbiz.de/10014401876
The World Economic Outlook (WEO) is a key source of forecasts of global economic conditions. It is therefore important to review the performance of these forecasts against both actual outcomes and alternative forecasts. This paper conducts a series of statistical tests to evaluate the quality of...
Persistent link: https://www.econbiz.de/10014401878
inflation. The results also suggest that a disequilibrium in the money market has a lasting impact on inflation. The paper …
Persistent link: https://www.econbiz.de/10014401879
This paper aims to improve the understanding of U.S. inflation dynamics by separating out structural from cyclical … effects using frequency domain techniques. Most empirical studies of inflation dynamics do not distinguish between secular and …) and new Keynesian Phillips curve (NKPC) models of inflation, and conclude that the long-run secular decline in inflation …
Persistent link: https://www.econbiz.de/10014401975
When faced with a relative price shock, monetary authorities often aim to contain its second round effects on inflation … while accepting first round effects. We analyze the experience of South Africa and other inflation targeters to explore … whether and when this policy prescription implies changing the monetary policy stance. Inflation targeting central banks …
Persistent link: https://www.econbiz.de/10014401982