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"Deficits, Debt Financing, Monetary Policy and Inflation in Developing Countries: Internal or External Factors?"

Kia, Amir - Carleton University, Department of Economics - 2004

This paper focuses on internal and external factors, which influence the inflation rate in developing countries. A … monetary model of inflation rate, capable of incorporating both monetary and fiscal policies as well as other internal and … determinants of inflation. Furthermore, most sources of inflation in these countries are domestic factors. …

Persistent link: https://www.econbiz.de/10005168894

Deficits, Debt Financing, Monetary Policy and Inflation in Developing Countries: Internal or External Factors? Evidence from Iran

Kia, Amir - Carleton University, Department of Economics - 2006

This paper focuses on internal and external factors, which influence the inflation rate in developing countries. A … monetary model of inflation rate, capable of incorporating both monetary and fiscal policies as well as other internal and … to a higher price and that the fiscal policy is very effective to fight inflation. The major factors affecting inflation …

Persistent link: https://www.econbiz.de/10005626995

Estimaciones de la demanda de dinero en México y de su estabilidad 1986 - 2010, así como algunos ejemplos de sus usos

Noriega-Muro, Antonio E.; Ramos-Francia, Manuel; … - 2015

seigniorage maximizing inflation rate, and (3) analysis of the potential relationship between a measure of excess money and … inflation. Results indicate that the low inflation equilibrium is stable, and that the excess money indicator shows, in …

Persistent link: https://www.econbiz.de/10011294298

Analysing divisia aggregates for the Euro area

Reimers, Hans-Eggert - 2002

In this paper, different Divisia monetary aggregates for the euro area are constructed over the period from 1980 to 2000. Theoretically, one main difference of these aggregates is their reaction to exchange-rate variations. Empirically, the aggregates are compared with respect to three issues....

Persistent link: https://www.econbiz.de/10011431510

The Tale of Three Amigos : Remittances, Exchange Rates and Money Demand in Mexico

Vargas-Silva, Carlos - 2007

This article analyzes the relationship between remittances, exchange rates and money demand in Mexico. We find that shocks to remittances have a positive impact on domestic money demand. The results also suggest the existence of a bi-directional relationship between remittances and the exchange...

Persistent link: https://www.econbiz.de/10012777996

Long-Run Money Demand in the New EU Member States with Exchange Rate Effects

Dreger, Christian; Reimers, Hans-Eggert; Roffia, Barbara - 2021

Generally speaking, money demand models represent a natural benchmark against which monetary developments can be assessed. In particular, the existence of a well-specified and stable relationship between money and prices can be perceived as a prerequisite for the use of monetary aggregates in...

Persistent link: https://www.econbiz.de/10013317611

The Price Revolution in the 16th Century: Empirical Results from a Structural Vectorautoregression Model

Bernholz, Peter; Kugler, Peter - 2007

This paper provides empirical evidence in favor of the hypothesis that the secular price increase in the 16th century is mainly caused by money supply developments as the discovery of new mines in Latin America. First we review price developments for several European countries over the 16th...

Persistent link: https://www.econbiz.de/10011390624

Re-vitalizing money demand in the euro area : still valid at the zero lower bound

Dreger, Christian; Gerdesmeier, Dieter; Roffia, Barbara - 2016

inflation pressure at the end of the sample. Excess liquidity models turnout to outperform the autoregressive benchmark, as they …

Persistent link: https://www.econbiz.de/10011532681

A microfounded model of money demand under uncertainty, and its empirical validation using cointegration and rolling-window dynamic multiplier analysis

Größl, Ingrid; Tarassow, Artur - 2015

into account leads to ambiguous effects w.r.t. to the impact of capital as well as inflation risk, thus contradicting …. The results reveal that U.S. households increase their demand for money in response to positive changes in inflation and …

Persistent link: https://www.econbiz.de/10010520781

A microfounded model of money demand under uncertainty, and some empirical evidence

Größl, Ingrid; Tarassow, Artur - 2018

ambiguous effects w.r.t. to the impact of capital market risk as well as inflation risk, which is due to the interplay of … response to positive changes in inflation risk and capital market risk, respectively, with both effects lasting permanently. …

Persistent link: https://www.econbiz.de/10011790638