Showing 1 - 10 of 12
is little evidence regarding its impact on inflation. In this study, the nexus between corruption and inflation was … investigated for 20 countries over the period 1995-2015. Estimation results indicated that high corruption increased inflation … rates, and that there was a unidirectional causal relationship from corruption to inflation for ten countries in the sample. …
Persistent link: https://www.econbiz.de/10012009802
As in many transition economies, Vietnam has experienced a multiple exchange rate system with three exchange rates having co-existed. This paper uses the Vector-Error-Correction model and the Granger tests to investigate the relationship between the official and black market exchange rates from...
Persistent link: https://www.econbiz.de/10012009857
The welfare costs of inflation and inflation uncertainty are well documented in the literature and empirical evidence … inflation and inflation uncertainty in Egypt using monthly time series data during the period January 1974 - April 2015. To … endogenously control for any potential structural breaks in the inflation time series, Zivot and Andrews (2002) and Clemente …
Persistent link: https://www.econbiz.de/10011708707
The global financial crisis of 2007-2008 had a negative impact on many countries, including Vietnam. Many policies have been applied to stabilize the macro-economic indicators. However, most of them are based on old qualitative models, which do not help policy makers understand deeply how each...
Persistent link: https://www.econbiz.de/10011708742
low inflationary environment than in countries with floating exchange rate regimes and high inflation levels. Pass …
Persistent link: https://www.econbiz.de/10013199518
policies in these periods with respect to monetary stability, inflation, and growth challenges. The paper presents an analysis …
Persistent link: https://www.econbiz.de/10013199561
The Bolivian inflation process is analyzed utilizing a time-varying univariate and multivariate Markov-switching model … (TMS). With monthly data and, beginning in the late 1930s, inflation is accurately described by a univariate TMS. The … intercept for the high-inflation regime is significantly higher than for the low-inflation regime and the actual inflation rate …
Persistent link: https://www.econbiz.de/10013199775
in the short run, mobile money usage is positively affected by inflation while financial innovation, exchange rate … positively affected by economic activity, inflation and the COVID-19 pandemic crisis while mobile money customer balances …
Persistent link: https://www.econbiz.de/10013199789
the inflation-unemployment dynamics during the recession and COVID-19 times in India and the UK. Using a generalized … recession and eventually turn to stagflation in India due to inflation caused by the weak supply side. However, in the UK, the …
Persistent link: https://www.econbiz.de/10013199811
inflation, trade flows, capital inflow, capital account transactions, reserve accumulation, global liquidity (e.g., global broad … money), and monetary aggregates, with regard to Indonesia's GDP variables and inflation. This paper uses threshold vector … identified two groups of upper regime and lower regime world variables-namely, world inflation, world GDP, and world commodity …
Persistent link: https://www.econbiz.de/10013199900