Showing 1 - 10 of 1,443
This paper provides an empirical study of the asymmetrical spillovers of the euro-US dollar exchange rate on inflation … the only key factor, in determining the asymmetry in inflation between core and periphery. The nominal effective exchange … rate instead is a very important driver for the inflation only considering the whole euro zone. Therefore, the EMU seems to …
Persistent link: https://www.econbiz.de/10011108149
This paper examines the extent to which changes in exchange rates result in changes in Turkish domestic inflation … that exchange rate shocks feed into domestic inflation, first at the level of manufacturers’ prices and then at the level … manufacturer price index in determining Turkish inflation rates. In addition, the decline in the exchange rate pass-through impact …
Persistent link: https://www.econbiz.de/10008497664
allow for possible simultaneity problems, such as might exist between the rate of change of money wage and the inflation …
Persistent link: https://www.econbiz.de/10011109000
This study empirically examines the nexus among budget deficit, money supply and inflation by using a monthly data set … from January 1995 to December 2012 and a SVAR model with five endogenous variables, inflation, money growth, budget deficit … growth has positive effects on inflation while budget deficit growth has no impact on money growth and therefore inflation …
Persistent link: https://www.econbiz.de/10011112250
taking CPI food, CPI general, WPI food, WPI general, GDP deflator and SPI as measures of inflation and M1, M2 and M3 supply …
Persistent link: https://www.econbiz.de/10005029702
A linear and lagged relationship between inflation and labor force growth rate has been recently found for the USA. It … previously reported agreement between observed and predicted inflation is substantially improved by some simple measures removing … inflation and the annual labor force readings is compensated. GDP deflator represents the inflation. Linear regression analysis …
Persistent link: https://www.econbiz.de/10005835571
developed an integral technique similar to CUSUM using an empirical model quantitatively linking the rate of inflation and … uncorrelated noise and systematic errors. Our previous model of inflation and unemployment in Canada is enhanced by the … introduction of inflation targeting as a new monetary policy in 1991 resulted in a structural break manifested in a lowered rate of …
Persistent link: https://www.econbiz.de/10008927057
The purpose of this study is to determine the factors contributing to real exchange rate fluctuations in Kenya; whether the real exchange rate responds more to real or to nominal shocks. A vector autoregression framework is applied in the analysis yielding impulse responses and decompositions of...
Persistent link: https://www.econbiz.de/10011124293
This paper investigates whether the exchange rate pass-through (ERPT) to CPI inflation is a nonlinear phenomenon for … confidence during the recent sovereign debt crisis has entailed a higher sensibility of CPI inflation to exchange rate movements. …
Persistent link: https://www.econbiz.de/10011108244
This paper examines the presence of nonlinear mechanism in the exchange rate pass-through (ERPT) to CPI inflation for …
Persistent link: https://www.econbiz.de/10011109154