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The impact of financial development (FD) on economic growth (EG) is well documented. However, studies on how inflation … mediates the impact of FD on EG produce inconclusive findings. Meanwhile, the tripartite relationship among FD, inflation and … policy making. This study therefore re-examines whether inflation mediates the FD-EG nexus by utilizing a panel data obtained …
Persistent link: https://www.econbiz.de/10015074346
Inflation und auch höhere Zinsen nicht nur temporär, sondern mittelfristig wieder möglich sind: De … eine Destabilisierung der Inflationserwartungen zu verhindern. Längerfristig könnte dieses Umfeld aus höherer Inflation und … Geldpolitik führen, deren Schwerpunkt dann wieder auf der Verhinderung von hoher Inflation und weniger im Verhindern von …
Persistent link: https://www.econbiz.de/10014433206
special emphasis on inflation as a variable of interest for an emerging country, an underdeveloped financial market, and a … that examine the relationship between the rate of return on assets and inflation. We focus our empirical analysis in an … determinant in reference to the effect of the inflation and the exchange rate variables on stocks' performance. …
Persistent link: https://www.econbiz.de/10014494495
Part of the present inflation is caused by the breakdown of globalization, in particular supply chains, part is caused … the past and in the presence. This paper attributes inflation decisively to the overwhelming money creation by the …
Persistent link: https://www.econbiz.de/10014000500
Households participating in financial markets pay attention to inflation news when making their investment decisions …, even in an environment of mostly low and stable inflation. ETFs and open-ended mutual funds holding Treasury Inflation …-based inflation expectations measures increase. Changes in household survey expectations or in measures of inflation uncertainty do …
Persistent link: https://www.econbiz.de/10014290028
We examine the impact of inflation on financial development in Brazil and the data available permit us to cover the … robust for different estimators and financial development measures?suggest that inflation presented deleterious effects on … Brazil by high rates of inflation, have detrimental effects to financial development, a variable that is important for …
Persistent link: https://www.econbiz.de/10010296015
We quantitatively analyze the way inflation alters the inequality of the income distribution in the U.S. economy. The … main mechanism emphasized in this paper is the bracket creep effect according to which inflation pushes income into higher …, we study time series from the U.S. economy. As our central result we find that irrespective of the level of inflation …
Persistent link: https://www.econbiz.de/10010320808
hypothesis, and study the relative merits of changes in structure and shocks for reproducing the conquest of the Great Inflation …
Persistent link: https://www.econbiz.de/10011605483
The implementation of economic reforms under new economic policies in India was associated with a paradigmatic shift in monetary and fiscal policy. While monetary policies were solely aimed at "price stability" in the neoliberal regime, fiscal policies were characterized by the objective of...
Persistent link: https://www.econbiz.de/10010513081
niedriger Inflation auch das Resultat von angebotsseitigen Effekten der Geldpolitik ist. Diese überwiegen, da die Geldpolitik …'s monetary policy as too expansionary, the other holds it responsible for keeping the measured inflation rate below target. This … inflation. To do this, the present paper analyses the effectiveness of monetary policy through its various transmission channels …
Persistent link: https://www.econbiz.de/10011896711