The paper proposes two econometric models of inflation for Azerbaijan: one based on monthly data and eclectic, another … based on quarterly data and takes into account disequilibrium at the money market. Inflation regression based on monthly … data showed that consumer prices dynamics is explained by money growth (the more money, the higher the inflation), exchange …

The paper proposes two econometric models of inflation for Azerbaijan: one based on monthly data and eclectic, another … based on quarterly data and takes into account disequilibrium at the money market. Inflation regression based on monthly … data showed that consumer prices dynamics is explained by money growth (the more money, the higher the inflation), exchange …

The study examines whether inflation process can be explained within the framework of the Money Market Approach in the … that the Money Market Approach has not been relevant for explaining Azerbaijani inflation. Because Azerbaijan, a resource … analysis of the inflation. Since the Money Market Approach seems irrelevant one, the paper puts forward application of other …

The paper is devoted to investigating the determinants of inflation in Azerbaijan through applying co integration … modeling. Inflationary pressures have heightened in the Azerbaijan during 2006-2008. Inflation in Azerbaijan appears to be the … aggregate spending. In the short-run, binding capacity constraints also explain higher inflation given increased government …