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The current discussion of Inflation Targeting (IT) in emerging economies deals with the effects that nominal exchange … rate movements have on the overall inflation rate. The literature has focused in the analysis of the advantages and …-through effect into inflation. So far none of them have dealt with the differences arising from the policy instruments used to fight …
Persistent link: https://www.econbiz.de/10009465021
devoted to the GMM estimation of crucial parameters of the inflation-aversion model of the previous chapter. A model featuring …-separability of the utility function, inflation aversion, nominal transaction frictions). The monograph is organized as follows … market share competition with the assumption that agent?s behavior is characterized by inflation aversion. Chapter IV is …
Persistent link: https://www.econbiz.de/10009482289
no systematic link between thedecline in inflation and the upward adjustments in indexed interest rates. Third,changes in … the exchange rate and in the performance of the external sector helpexplain the decline in inflation. Fourth, the strong …
Persistent link: https://www.econbiz.de/10009450769
The primary goal of this study was to determine the impact of price discriminationon tourism demand. Four objectives were defined with reference to the primaryresearch goal.The first objective was to analyse the concept of price discrimination and relevanttheories by means of a literature study....
Persistent link: https://www.econbiz.de/10009456056
The purpose of this paper is to analyze the impact of external debt on inflation rate in Georgia. As external debt … debt and its impact on GDP development and inflation. For analyzing the correlation between the external debt, economic … growth and inflation we use the data that goes back to 15 years. We use an empirical investigation in order to see how the …
Persistent link: https://www.econbiz.de/10012014608
Persistent link: https://www.econbiz.de/10012158673
increasing sensitivity relies solely on a sustained surge in the degree of comovement for headline inflation, it is also based on … a higher region-wide effect of the shocks for the case of energy inflation. Instead, purely exogenous exchange rate … shocks do not seem to have a signifi cant effect on the core component of headline inflation, which also displays a lower …
Persistent link: https://www.econbiz.de/10012523688
Artículo de revista ; The effect of the euro exchange rate on inflation has taken on significant importance recently …, compatible with a pick-up in expected euro area inflation. However, the subsequent depreciation, since February 2018, might … exchange rate movements to overall consumer-price inflation in the Spanish economy has increased slightly in recent years …
Persistent link: https://www.econbiz.de/10012532337
supply side shock caused by restrictions imposed by the governments on some economic activities. On the other hand demand … side shock was also solid, economic agents were massively postponing their decisions regarding consumption and investment … all the main macroeconomic indicators of Georgian economy. On the other hand, supply shock, some demand side policy …
Persistent link: https://www.econbiz.de/10014489118
amount of current financial circulation, net-government, rate of interest and exchange rate to the inflation in Indonesia … Variance DecompositionThe result of this study showed that inflation has contributed to the world oil price, while the … unemployment has been contributed to inflation; the word oil price has contributed to inflation, unemployment and the amount of …
Persistent link: https://www.econbiz.de/10009464526