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effects of inflation on bank profitability, while controlling for comprehensive bank-specific and industry-specific variables … between bank profitability, cost efficiency, banking sector development, stock market development and inflation in China. The …/value – Particular emphasis will be placed on the investigation into the effect of inflation on bank profitability while controlling for …
Persistent link: https://www.econbiz.de/10010616616
Using the team performance-club profit framework, a formal model is developed of the determination of the transfer fees paid by football clubs when players are traded for cash. It is argued that transfer fees can involve monopoly rents; the selling club extracts a share of the nonnegative...
Persistent link: https://www.econbiz.de/10004976577
Purpose – This paper seeks to assess the impact of monetary policy on house price inflation for the nine census … investigation show that house price inflation responds negatively to a positive monetary policy shock, suggesting that the framework … VARs. Research limitations/implications – The paper only considers house price inflation and ignores other housing market …
Persistent link: https://www.econbiz.de/10009143638
. Thus, financial repression is most successful in liquidating debts when accompanied by a steady dose of inflation …. Inflation need not take market participants entirely by surprise and, in effect, it need not be very high (by historic standards …
Persistent link: https://www.econbiz.de/10009395208
Purpose – The purpose of this paper is to determine the relationship between inflation, inflation uncertainty, growth … the relationship between inflation, inflation uncertainty, growth and growth uncertainty for Australia. Findings – Using … quarterly data in multivariate EGARCH models, this study finds that both inflation uncertainty and output uncertainty have …
Persistent link: https://www.econbiz.de/10009319778
trade-off between inflation target and public debt stability. Therefore the determination of an inflation target cannot … interest rate in an inflation targeting regime must consider the public debt stability. Originality/value – This paper makes a …
Persistent link: https://www.econbiz.de/10008675222
one- through four-quarter-ahead Federal Reserve inflation forecasts for 1983-2002. Design …/methodology/approach – Encompassing tests are used to examine the asymmetric information hypothesis. In modeling the Federal Reserve inflation forecasts …, the authors are mindful of alternative theories of inflation which emphasize such determinants as cost-push, demand …
Persistent link: https://www.econbiz.de/10008675231
maturity of the inflation targeting regime affect the supply of credit. Design/methodology/approach – The paper offers a review … of the literature concerning inflation targeting credibility and the transmission mechanism of monetary policy through … this study is that, in inflation targeting emerging economies, such as that of Brazil, following a committed monetary …
Persistent link: https://www.econbiz.de/10010688400
increases in China for global inflation pressures are also discussed. …
Persistent link: https://www.econbiz.de/10010849800
Purpose – Inflation and its related uncertainty can impose costs on real economic output in any economy. This paper … aims to analyze the relationship between inflation and inflation uncertainty in India. Design/methodology/approach – The … – Initial estimates show the inflation rate to be a stationary process. The maximum likelihood estimates from the GARCH model …
Persistent link: https://www.econbiz.de/10010747804