Showing 37,271 - 37,280 of 38,017
sub-Saharan African countries on the relative importance of fiscal and monetary determinants of inflation. Based on the … dynamic response of inflation to different shocks, including nominal public debt, results show that a number of SSA countries … of inflation variability, as predicted by the fiscal theory of the price level …
Persistent link: https://www.econbiz.de/10014401393
We use Bayesian estimation techniques to investigate whether money growth Granger-causes inflation in the United States … including money growth in simple VAR models of inflation does systematically improve out-of-sample forecasting accuracy. This …. However, the contribution of money to inflation forecasting accuracy is quantitatively limited and tends to be smaller in …
Persistent link: https://www.econbiz.de/10014401395
This paper explores inflation determinants within the EU and implications for new members'' euro adoption plans. Factor … analysis partitions observed inflation in EU25 countries into common-origin and country-specific (idiosyncratic) components …. Cross-country differences in common-origin inflation within the EU are found to depend on gaps in the initial price level …
Persistent link: https://www.econbiz.de/10014401399
The existing literature suggests a number of alternative methods to test for the presence of contagion during financial market crises. This paper reviews those methods and shows how they are related in a unified framework. A number of extensions are also suggested that allow for multivariate...
Persistent link: https://www.econbiz.de/10014401432
statistically significant long-run relationships between budget deficits and seigniorage, and between money creation and inflation … inflation and monetary growth equations. The paper offers some policy recommendations for long-term price stability in the DRC …
Persistent link: https://www.econbiz.de/10014401497
analyses of the relationship between projections and outcomes for growth, inflation, and three balance of payments concepts …. Statistical bias is found only for projections of inflation and official reserves. Statistical efficiency can be rejected for all …
Persistent link: https://www.econbiz.de/10014401615
inflation and posed a price puzzle insofar their evolution was not responsive to record low interest rates, double digit … commodities inflation, and sharp exchange rate depreciation. Commodities prices were shown to be driven by one common trend … accelerating commodities price inflation, subsequent world recession, and financial disorder; or tighten monetary policy with …
Persistent link: https://www.econbiz.de/10014401636
foreign factors are important determinants of inflation in Uganda …
Persistent link: https://www.econbiz.de/10014401658
A reliable inflation-forecasting model is central for a sound monetary policy framework. In this paper, we study the … domestic and international transmission effects on inflation in Indonesia and analyze the possible leading indicators of … inflation. We identify the exchange rate, foreign inflation, and monetary growth as the main variables with a significant …
Persistent link: https://www.econbiz.de/10014401659
This paper investigates inflation dynamics in Sudan using three different approaches: the single equation model, the …-conflict country that uses these three separate techniques to understand inflation dynamics. The use of these approaches is … inflation with 18-24 months time lag …
Persistent link: https://www.econbiz.de/10014401745