Showing 93,621 - 93,630 of 95,210
is stronger for countries with higher average inflation or debt. …
Persistent link: https://www.econbiz.de/10010697222
Whether or not macroeconomics is a science depends on the scientific nature of macroeconomic theories and how the discipline responds when the empirical evidence fails to match the underlying assumptions and predictions of the theories. By way of an example, four conditions for macroeconomics to...
Persistent link: https://www.econbiz.de/10010697225
paper examines the distribution dynamics of inflation rates in ten EU members from CEE relative to the EMU accession … benchmark inflation over the period 1990-2009. In contrast to previous studies, we use nonparametric methods to test for … convergence in inflation rates between CEE and the EMU benchmark as well as within the CEE sample. Over the entire sample period …
Persistent link: https://www.econbiz.de/10010697227
rates on 1 January 2014 are expected to have a moderate impact on inflation. …
Persistent link: https://www.econbiz.de/10010760464
and RFF. A theoretically expected inverse relation between SP and inflation accounts for the results. The negative effect … of SP on FF is also confirmed in a Taylor Rule estimate. Higher stock prices anticipate lower, not higher, inflation. …
Persistent link: https://www.econbiz.de/10010761842
Globalization has given rise to new concerns that domestic inflation is caused by global developments, especially in … paper explores the role of globalization, if any, for inflation, particularly in Switzerland, one of the smallest and most … open economies where the globalization hypothesis should be most relevant, but where inflation historically has been among …
Persistent link: https://www.econbiz.de/10010761845
Theories of inflation derived from the Latin American structuralist thought contain a set of contributions that … inflationary phenomenon can have for structuralists. First we assume that the structural theory of inflation is the dual … conflict between groups of interest underlies the structural approach of inflation. The conflict results from changes in …
Persistent link: https://www.econbiz.de/10010761997
Inflation rates have traditionally been measured by the annualized percentage change in the price level of a market … and services. Therefore, different households experience different inflation rates. This paper finds that these … experienced an inflation rate that was similar to the national average. Furthermore, the higher the average inflation rate over …
Persistent link: https://www.econbiz.de/10010762652
financial stability in central banking. It argues that price stability can be achieved with a flexible inflation …
Persistent link: https://www.econbiz.de/10010762719
In a world with taxes, there is a small discrepancy between the deflated WACC WACCDef and the real wacc. This is due to the (1-T) term that is in the standard expression for the WACC applied to the Free Cash Flow (FCF). We compare different approaches for valuing nominal and real cash flows with...
Persistent link: https://www.econbiz.de/10010762918