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Persistent link: https://www.econbiz.de/10014487713
. During the global food crisis, Ethiopia experienced an unprecedented increase in inflation ranked the highest in Africa. It … intended to modeling inflation rate factors on present consumption price index (CPI) in Ethiopia: using the threshold …
Persistent link: https://www.econbiz.de/10014381931
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pass-through (ERPT) on domestic prices in Ethiopia between 1975 and 2020, using recursive structural vector autoregressive … associated with a reduction of 0.059 in consumer prices after 1 year, indicating that ERPT to domestic inflation in Ethiopia is …
Persistent link: https://www.econbiz.de/10014503258
drivers of inflation in Ethiopia using annual data from 1990 to 2020 and employed an autoregressive distributed lag model for … average value of the outcome variable would dissipate within one year. Therefore, the government of Ethiopia should promote … current surge of inflation in the country. This research provides critical insights into the drivers of inflation in Ethiopia …
Persistent link: https://www.econbiz.de/10015193154
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We study how precipitation has affected food consumer price inflation (CPI), using dynamic panel estimation of food CPI Phillips curves across countries for 34 OECD member and candidate economies from 1985 to 2010 augmented with climate variables. We allow for nonlinear effects of precipitation...
Persistent link: https://www.econbiz.de/10013380872
This paper deals with the dynamic response of exchange rates, inflation and agricultural foreign trade in Bulgaria, Poland and Romania to global food prices. We employ time-varying VARs with stochastic volatility to estimate the behaviour of these macroeconomic variables over the 2001M1-2015M12...
Persistent link: https://www.econbiz.de/10012174767
Ghana's economy entered a full-blown crisis in 2022, after having rebounded from the COVID-19 slowdown in 2021. In response to the macroeconomic challenges, the authorities enacted some fiscal adjustment in 2022 but fell short of their consolidation targets; the 2023Q1 fiscal deficit (cash) was...
Persistent link: https://www.econbiz.de/10014366495
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