Similar Search Results

Does remittances inflow in India have dutch disease effects ARDL cointegration approach

Das, Manisha; Chakraborty, Deb Kumar - In: Iranian economic review : journal of University of Tehran 28 (2024) 1, pp. 49-77

Persistent link: https://www.econbiz.de/10015401923

Semi-strong informational efficiency in the Polish foreign exchange market

Goczek, Łukasz - 2015

During the financial crisis a notion that the Polish exchange rate is not determined effectively was very dominant, because of a contagion effect of the global financial crisis on the Polish economy. In addition, many foreign exchange market analysts explained developments in the Polish exchange...

Persistent link: https://www.econbiz.de/10012002550

Impact of international income, prices and monetary shocks on real exchange rate in eight African economies: An empirical study

Ella, Giscard Assoumou - In: The Empirical Econometrics and Quantitative Economics … 2 (2013) 3, pp. 41-41

This study characterizes imported inflation in eight African countries through the effect of income and consumer prices index in OECD countries shocks, world price of oil shock and Federal funds effective rate shock on real exchange rate between 1970 and 2007, using a SVAR Model. We develop...

Persistent link: https://www.econbiz.de/10010765505

Asymmetries in Effects of Domestic Inflation Drivers in the Baltic States : A Phillips Curve-Based Nonlinear ARDL Approach

Mihajlovic, Vladimir; Marjanovic, Gordana - 2021

This study investigates asymmetry in the impact of domestic inflation drivers in the Baltic States, focusing on the output gap and unemployment gap. We aim to reveal how positive and negative changes in these economic activity indicators affect the inflation rate by employing a nonlinear...

Persistent link: https://www.econbiz.de/10013243019

The Dynamic Effects of Shocks to Wages and Prices in the United States and the Euro Area

Duarte, Rita Netto de Miranda - 2009

This paper investigates the dynamics of aggregate wages and prices in the United States (US) and the Euro Area (EA) with a special focus on persistence of real wages, wage and price inflation. The analysis is conducted within a structural vector error-correction model, where the structural...

Persistent link: https://www.econbiz.de/10013158451

The dynamic effects of shocks to wages and prices in the United States and the euro area

Duarte, Rita Netto de Miranda; Marques, Carlos Robalo - 2009

Persistent link: https://www.econbiz.de/10003867061

Is there PPP in the data? : new evidence from a structural DSGE model

Minford, Patrick; Ou, Zhirong; Zhu, Zheyi - 2025

(PPP) in the data. But while the literature has been dominated by reduced-form evidence focusing on the real exchange rate … PPP can empirically explain the data. In this paper we test a DSGE model in which the long-run forces of trade force the … exchange rate back to PPP, while shocks to preferences, technology and policy drive it away from PPP in the short run. We do so …

Persistent link: https://www.econbiz.de/10015329671

Sectoral price divergence between Korea and Japan

Moon, Seongman - In: East Asian economic review 20 (2016) 4, pp. 493-517

This paper examines the persistent properties of 12 sectoral relative prices between Korea and Japan obtained following the Classification of Individual Consumption according to Purpose (COICOP) over the period of 1985-2016. Applying a new econometric method developed by Pesaran which controls...

Persistent link: https://www.econbiz.de/10011765038

Inter-region relative price convergence in Korea

Moon, Seongman - In: East Asian economic review 21 (2017) 2, pp. 123-146

This paper examines the persistence of relative consumer price indices for 15 regions in Korea including 6 metropolitan cities and 9 provinces over the period of 1990-2016. In particular, we ask if relative regional price indices contain a common stochastic trend and find that they are not. We...

Persistent link: https://www.econbiz.de/10011765060

Tests of goods market integration between China and African BRI countries

Lee, Shu-kam; Shum, Paul Kwok-ching; Woo, Kai-yin - In: International studies of economics 19 (2024) 2, pp. 223-246

markets between China and BRI countries. The validity of purchasing power parity (PPP) implies well-integrated goods markets … financial markets. Our study aims to examine the validity of the PPP and the extent of goods market integration between China … an unrestricted PPP relationship with reasonably strong evidence of nonlinearity in the data. We also find that some …

Persistent link: https://www.econbiz.de/10015063908