Showing 107,951 - 107,960 of 108,622
This paper explores inflation determinants within the EU and implications for new members'' euro adoption plans. Factor … analysis partitions observed inflation in EU25 countries into common-origin and country-specific (idiosyncratic) components …. Cross-country differences in common-origin inflation within the EU are found to depend on gaps in the initial price level …
Persistent link: https://www.econbiz.de/10014401399
are also suggested that allow for multivariate testing, endogeneity issues, and structural breaks …
Persistent link: https://www.econbiz.de/10014401432
statistically significant long-run relationships between budget deficits and seigniorage, and between money creation and inflation … inflation and monetary growth equations. The paper offers some policy recommendations for long-term price stability in the DRC …
Persistent link: https://www.econbiz.de/10014401497
analyses of the relationship between projections and outcomes for growth, inflation, and three balance of payments concepts …. Statistical bias is found only for projections of inflation and official reserves. Statistical efficiency can be rejected for all …
Persistent link: https://www.econbiz.de/10014401615
inflation and posed a price puzzle insofar their evolution was not responsive to record low interest rates, double digit … commodities inflation, and sharp exchange rate depreciation. Commodities prices were shown to be driven by one common trend … accelerating commodities price inflation, subsequent world recession, and financial disorder; or tighten monetary policy with …
Persistent link: https://www.econbiz.de/10014401636
foreign factors are important determinants of inflation in Uganda …
Persistent link: https://www.econbiz.de/10014401658
A reliable inflation-forecasting model is central for a sound monetary policy framework. In this paper, we study the … domestic and international transmission effects on inflation in Indonesia and analyze the possible leading indicators of … inflation. We identify the exchange rate, foreign inflation, and monetary growth as the main variables with a significant …
Persistent link: https://www.econbiz.de/10014401659
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 … possible structural breaks. The estimated results suggest that money supply growth and nominal exchange rate changes affect …
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