Showing 1 - 10 of 1,300
Persistent link: https://www.econbiz.de/10014334700
Any measure of unobserved inflation uncertainty relies on specific assumptions which are most likely not fulfilled … indicator for inflation uncertainty. Moreover, the idiosyncratic component of survey disagreement contains systematic … that higher inflation is followed by higher uncertainty. By contrast, we obtain contradictory results for the individual …
Persistent link: https://www.econbiz.de/10010312179
Why is inflation, 15 years after transition started, still considerably higher in Romania than in the eight EU member … decompose the inflation differential between Romania and the EU-8. The decomposition suggests that neither the revenue, nor the … balance of payments, nor the financial stability motive are driving inflation; rather structural differences are at play. The …
Persistent link: https://www.econbiz.de/10010260570
inflation rates mainly to make up for, and to perhaps exploit, lagging internal and external liberalization in their economies … changes in institutions, suggest that incentives may be diminishing, but not to the point where inflation levels below 5 … inflation, and enhancements to central bank independence could help shield these central banks from pressures. …
Persistent link: https://www.econbiz.de/10010260603
aggregate inflation and the higher-order moments of the distribution of relative price changes. Our empirical findings confirm … explanatory variable for the inflation rate. Further, the skewness measure also helps to explain shifts in the Phillips curve …
Persistent link: https://www.econbiz.de/10010260622
Foreign price shocks have significant effects on functional income distribution and on inflation inequality. By ….g. food prices for low-wage workers). Based on the conflicting-claims inflation literature, we propose a new extension to this … with an inflation-targeting regime. We investigate the impacts of foreign price shocks on income and inflation inequality …
Persistent link: https://www.econbiz.de/10013553408
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This study empirically examines the influence of trade openness on the rate of inflation by focusing on the Chinese … impacted the rate of inflation not only negatively but also significantly. This means that trade openness could be used as a … tool to fight against higher inflation. Similarly, government expenditure, economic growth, exchange rate and money supply …
Persistent link: https://www.econbiz.de/10014433332
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