Search Results - subject:"monetary indicator"

Money demand and the role of monetary indicators in forecasting euro area inflation

Dreger, Christian; Wolters, Jürgen - 2010

This paper examines the forecasting performance of a broad monetary aggregate (M3) in predicting euro area inflation. Excess liquidity is measured as the difference between the actual money stock and its fundamental value, the latter determined by a money demand function. The out-of sample...

Persistent link: https://www.econbiz.de/10009267841

Monetary policy, commodity prices and inflation : empirical evidence from the US

Verheyen, Florian - 2010

The past years were characterized by unprecedented rises in prices of commodities such as oil or wheat and inflation rates moved up above the mark of two percent per annum. This led to a revival of the debate whether commodity prices indicate future CPI inflation and if they can be used as...

Persistent link: https://www.econbiz.de/10008933736

Does money help predict inflation? : An empirical assessment for Central Europe

Horváth, Roman; Komárek, Luboš; Roszypal, Filip - 2010

Persistent link: https://www.econbiz.de/10008904359

Composite Indicators for Monetary Analysis

Nobili, Andrea - 2009

The prominent role assigned to money by the ECB has been the subject of an intense debate because of the declining predictive power of the monetary aggregate M3 for inflation in recent years. This paper reassesses the information content of monetary analysis for future inflation using dynamic...

Persistent link: https://www.econbiz.de/10013153221

The Domestic and Foreign Price Gaps in the P-Star Model : Evidence from Spain

García Herrero, Alicia - 2009

The paper uses the P-STAR model to analyze Spanish prices from 1970 to 1996, adding the foreign price gap to the standard domestic definition of the P-STAR model (the domestic price gap) to assess the role German price movements played in Spanish inflation. The domestic price gap turns out to be...

Persistent link: https://www.econbiz.de/10013156746

Monetary policy and potential output uncertainty : a quantitative assessment

Delle Chiaie, Simona - 2009

I estimate a dynamic stochastic general equilibrium model where the policymaker and the private sector have imperfect knowledge about potential output. The estimation of the structural parameters and of the monetary authorities'objectives is key to assess the quantitative relevance of the...

Persistent link: https://www.econbiz.de/10003969281

Inflation forecasting in the new EU Member States

Arratibel, Olga; Kamps, Christophe; Leiner-Killinger, Nadine - 2009

monetary indicator variables also include concepts such as trend broad money growth, the real money gap, the monetary …-sided Hodrick-Prescott filter discussed above, as well as lags of a non-monetary indicator variable ( t x ): (4) h ht T ttt h … five alternative forecast combinations: combining the forecasts of (i) the monetary-indicator bivariate models, (ii) the …

Persistent link: https://www.econbiz.de/10003831802

Composite indicators for monetary analysis

Nobili, Andrea - 2009

Persistent link: https://www.econbiz.de/10003943924

Broad monetary condition index : an indicator for short-run monetary management in Vietnam

Pham Thi Tuyet Trinh; Nguyen Thien Kim - In: Econometrics of risk, (pp. 391-413). 2015

Persistent link: https://www.econbiz.de/10010498514

Prognozirovanie finansovych krizisov : metody, modeli, indikatory

Lukasevič, Igor' Jaroslavovič; Fedorova, Elena - Finansovyj Universitet - 2015

Persistent link: https://www.econbiz.de/10011485371