This paper examines the determinants of inflation differentials across member states of the African Economic Community (AEC). The results suggest that exchange rate depreciation, GDP per capita growth, price divergence, fiscal deficit, and periods of economic instability all contribute to higher...

Die WIFO-Studie "Inflation und Außenwirtschaft" untersucht den komplexen Zusammenhang zwischen Inflation und Außenwirtschaft, insbesondere im Kontext der jüngsten Inflationswelle. Die zentralen Erkenntnisse zeigen, dass der theoretische Zusammenhang zwischen Inflation und Außenwirtschaft...

Exchange rate volatility has emerged to be one of the most critical determinants of price stability for countries operating in multicurrency systems with their own currency in the basket of currencies. This study empirically examined the impact of exchange rates (official and parallel market...

The COVID-19 pandemic eventually gave rise to large increases in profits, profit shares and inflation rates. A major controversy has developed among economists and in the media about whether this was largely caused by profit inflation, that is, by increases in the percentage mark-ups set by...