Showing 71 - 80 of 50,449
indicators in predicting euro area HICP inflation out-of-sample over the period first quarter 1999 till third quarter 2006 …
Persistent link: https://www.econbiz.de/10011604913
coordinated wage bargaining systems have a dampening impact on inflation volatility. …
Persistent link: https://www.econbiz.de/10011605051
We examine the global dimension of inflation in 24 OECD countries between 1980 and 2007 in a traditional Phillips curve … to affect inflation through (the common part of) domestic demand and supply conditions. Our most important result is that … the common component of changes in unit labor costs has a notable impact of inflation. We also find evidence that …
Persistent link: https://www.econbiz.de/10011605057
and food price shocks on a given set of countries. Secondly, we assess the importance of inflation linkages among … exist among regions. In addition, a considerable part of the observed headline inflation rises is attributable to foreign …
Persistent link: https://www.econbiz.de/10011605108
This paper empirically assesses which factors trigger prolonged periods of inflation for a sample of 91 countries over … inflation starts. The empirical results suggest that for all cases considered a more fixed exchange rate regime and lower real … policy rates increase the probability of an inflation start. For developing countries, other relevant factors include food …
Persistent link: https://www.econbiz.de/10011605155
theoretical predictions and simulations are corroborated when forecasting aggregate US inflation pre- and post 1984 using …
Persistent link: https://www.econbiz.de/10011605201
This paper estimates a time-varying AR-GARCH model of inflation producing measures of inflation uncertainty for the … change associated with the start of EMU in 1999. The main findings are as follows. Steadystate inflation and inflation … can achieve lower inflation uncertainty by lowering the inflation rate. …
Persistent link: https://www.econbiz.de/10011605275
An empirical analysis of the impact of labour market structures on the response of inflation to macroeconomic shocks is … presented. Results based on a 20 country panel show that if labour market coordination is high, the effect on inflation of … inflation to its reduced form determinants. These findings are attributed to the behaviour of wages following movements in …
Persistent link: https://www.econbiz.de/10010262222
During the last two decades, the world has experienced a remarkable process of disinflation, with average inflation … rates in industrialized countries falling by 10 percentage points and an even sharper decline of the mean rate of inflation … in developing countries. Parallel to the decline in inflation rates, a tremendous increase in economic integration …
Persistent link: https://www.econbiz.de/10010263812
useful information about variables such as commodity prices which matter for aggregate demand and thus inflation. Given this …
Persistent link: https://www.econbiz.de/10010269974