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The article develops a stylized medium-run post-Kaleckian open economy model with conflict inflation and combines two … demand, growth, trade balance, and inflation are generally ambiguous and highly contingent on the parameter constellation of …
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A major challenge for monetary policy has been predicting how exchange rate movements will impact inflation. We propose …
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This paper develops a model of inflation in an open economy. The model permits analysis of the susceptibility of open … paper arrives at a “structuralist inflation targeting agenda”. Based on a proper conception of inflation dynamics, this … involves “getting inflation targeting right” rather than either accepting mainstream inflation targeting prescriptions or …
Persistent link: https://www.econbiz.de/10012954770
This paper presents a preliminary simultaneous equation model capable of explaining New Zealand's post-war inflation … both tightly administered and effective. It is therefore reasonable to assume that New Zealand's rate of inflation and … monetary policy are somewhat independent of world inflation rates. Six dependent variables have been incorporated for this …
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