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The initial data of the business surveys of the Gaidar Institute on the state of things in the Russian industry showed that in January the situation did not change for the worse and modest positive signals late in 2013 might consolidate in 2014. The positive dynamics of the demand permitted to...
Persistent link: https://www.econbiz.de/10013055350
The results of decomposition of growth in the output index point to the fact that in 2013 growth in the gross value added (GVA) of industry was achieved by means of accumulation of extensive factors. According to the preliminary estimates, the growth rates of the aggregate factor productivity...
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Most developing and underdeveloped countries beside Sudan suffer from low levels of income in addition to the low savings that are result from the lack of sophisticated savings channels. Hence, investments depend on the individuals' abilities on savings where they are major motivating vehicle...
Persistent link: https://www.econbiz.de/10013101600
The current paper analyzes the effects macroeconomic variables on inflation in of Sudan. The selected data set was from 1990-2008. During that time there were significant changes in macroeconomic policies that had strong impacts on the performance of the Sudanese economy. A strong wave of...
Persistent link: https://www.econbiz.de/10013128190
I present evidence that higher frequency measures of inflation expectations outperform lower frequency measures of inflation expectations in tests of accuracy, predictive power, and rationality. For decades, the academic literature has focused on three survey measures of expected inflation: the...
Persistent link: https://www.econbiz.de/10014172972
We use local projections with granular instrumental variables to estimate the pass-through of costs into prices and how it is affected by industry concentration. On average, we find that prices increase above trend growth for three quarters after an exogenous cost shock, accompanied by a decline...
Persistent link: https://www.econbiz.de/10014081908
The US economy is at least 50 percent more concentrated today than it was in 2005. In this paper, we estimate the effect of this increase on the pass-through of cost shocks into prices. Our estimates imply that the pass-through becomes about 25 percentage points greater when there is an increase...
Persistent link: https://www.econbiz.de/10014083462