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growth, inflation rate, and exchange rate on the balance of payments by net foreign assets (NFA) in 17 developing countries … results indicate that domestic credit, interest rate, inflation and exchange rate have a significantly negative, while real …
Persistent link: https://www.econbiz.de/10014558523
in the short run, mobile money usage is positively affected by inflation while financial innovation, exchange rate … positively affected by economic activity, inflation and the COVID-19 pandemic crisis while mobile money customer balances …This paper examines the effects of macroeconomic policy and regulatory environment on mobile money usage. Specifically …
Persistent link: https://www.econbiz.de/10013199789
inflation is always due to an imbalance of money supply and output, central banks alone determine the path of inflation, and …For the last 40 years, macroeconomics has been dominated by Milton Friedman's view that inflation occurs when the … supply of money rises more quickly than economic output – 'too much money chasing too few goods', as the saying goes. If …
Persistent link: https://www.econbiz.de/10014363429
The authors review the challenges that the Romanian economy and society had to face in the European and global geoeconomic context. Starting from the perspectives advanced by the international economic fora, the risks the European economy will have to answer through counteracting and general...
Persistent link: https://www.econbiz.de/10014463458
От редакции: среди всего набора макроэкономических тем, текущие показатели инфляции — одна из самых популярных и часто обсуждаемых. Аргументы сторонников...
Persistent link: https://www.econbiz.de/10014481019
This paper offers a reappraisal of the inflation-unemployment tradeoff, based on ?frictional growth,? describing the … interplay between nominal frictions and money growth. When the money supply grows in the presence of price inertia (due to … staggered wage contracts with time discounting), the price adjustments to each successive change in the money supply are never …
Persistent link: https://www.econbiz.de/10010313770
This paper offers a reappraisal of the inflation-unemployment tradeoff, based on "frictional growth," describing the … interplay between nominal frictions and money growth. When the money supply grows in the presence of price inertia (due to … staggered wage contracts with time discounting), the price adjustments to each successive change in the money supply are never …
Persistent link: https://www.econbiz.de/10010281025
other sources of sluggishness to explain the observed high inflation persistence. Second, we confront empirically our fair … inflation outcomes …
Persistent link: https://www.econbiz.de/10011506620
This study revisits and tests empirically the Portfolio Theory of Inflation (PTI), which analyzes how the effectiveness … (Bossone, The portfolio theory of inflation and policy (in)effectiveness, 2019). The PTI shows that when an economy is heavily … and policies aimed to stimulate output growth dissipate into domestic currency depreciation and higher inflation, with …
Persistent link: https://www.econbiz.de/10012144424
ingredient to model. In fact, I found that the estimated premium is a very powerful predictor of inflation. It overcomes, in … ; Euro Area External Finance Premium ; Financial Accelerator ; Bayesian Estimation ; Inflation …
Persistent link: https://www.econbiz.de/10003972629