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The Plutocratic Bias in the CPI; Evidence From Spain
Castillo, Javier Ruiz; Ley, Eduardo; Izquierdo, Mario - International Monetary Fund (IMF) - 2000
We define the plutocratic bias as the difference between inflation measured according to the current official CPI and a …
Persistent link: https://www.econbiz.de/10005264149
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Who Saves in Ireland? T+L3251he Micro Evidence
Badia, Marialuz Moreno - International Monetary Fund (IMF) - 2006
This paper provides detailed empirical evidence on the saving behavior of Irish households using micro data from the 1994/95 and 1999/2000 Household Budget Surveys. I employ synthetic cohort techniques to characterize the life cycle profile of saving rates and to examine the response of...
Persistent link: https://www.econbiz.de/10005263766
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Putting the New Keynesian Model to a Test
Straub, Roland; Peersman, Gert - International Monetary Fund (IMF) - 2006
In recent years, New Keynesian dynamic stochastic general equilibrium (NK DSGE) models have become increasingly popular in the academic literature and in policy analysis. However, the success of these models in reproducing the dynamic behavior of an economy following structural shocks is still...
Persistent link: https://www.econbiz.de/10005264045
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Capital Flows and Financial Stability; Monetary Policy and Macroprudential Responses
Unsal, D. Filiz - International Monetary Fund (IMF) - 2011
challenges for policymakers: (i) to prevent capital flows from exacerbating overheating pressures and consequent inflation, and …," which calls for a rather aggressive monetary policy reaction to inflation, introducing macroprudential measures is found to …
Persistent link: https://www.econbiz.de/10009293772
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Modeling Inflation for Mali
Diouf, Mame Astou - 2007
This paper investigates how consumer price inflation is determined in Mali for 1979-2006 along three macroeconomic …
Persistent link: https://www.econbiz.de/10012677447
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Core Inflation Measures and Statistical Issues in Choosing Among Them.
Silver, Mick S. - 2006
Intro -- Contents -- I. INTRODUCTION -- II. CONCEPTS AND PRACTICAL ISSUES -- III. SOURCES OF ERROR AND BIAS IN A CPI -- IV. THE METHODS -- V. HOW TO CHOOSE AMONG METHODS: JUDGING WHICH IS BEST -- VI. CONCLUDING REMARKS -- REFERENCES.
Persistent link: https://www.econbiz.de/10012691149
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Weighted Median Inflation Around the World: A Measure of Core Inflation
Ball, Laurence M. - 2023
The standard measure of core or underlying inflation is the inflation rate excluding food and energy prices. This paper … constructs an alternative measure, the weighted median inflation rate, for 38 advanced and emerging economies using subclass …, and more closely related to headline inflation over the next year. The weighted median also has a drawback: in most …
Persistent link: https://www.econbiz.de/10015059656
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Public Expenditureson Social Programs and Household Consumption in China
Baldacci, Emanuele; Ding, Ding; Coady, David; … - International Monetary Fund (IMF) - 2010
This paper shows that increasing government social expenditures can make a substantive contribution to increasing household consumption in China. The paper first undertakes an empirical study of the relationship between the savings rate and social expenditures for a panel of OECD countries and...
Persistent link: https://www.econbiz.de/10008470372
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Consumption Based Estimates of Urban Chinese Growth
Chamon, Marcos; Filho, Irineu E. Carvalho - International Monetary Fund (IMF) - 2013
households, suggesting that urban inflation up to 2005 in China was “pro-poor,†in the sense that the increase in the cost of …
Persistent link: https://www.econbiz.de/10011142159
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Rebalancing; Evidence from Current Account Adjustment in Europe
Atoyan, Ruben; Manning, Jonathan F; Rahman, Jesmin - International Monetary Fund (IMF) - 2013
After the 2003-2007 economic boom, European countries with large pre-crisis current account imbalances are undergoing adjustments. Countries are adjusting at different paces and ways reflecting the source and magnitude of imbalances, availability of financing, competitiveness of the tradable...
Persistent link: https://www.econbiz.de/10011242288