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inflation is driven purely by changes in monetary aggregates. Using quarterly time series data for Nigeria over the period 1970 … to 2011, we test the quantity theory relationship between money and price movement to establish if inflation is always … robust estimate for Nigeria. The result of the study shows that inflation is not always and everywhere a monetary phenomenon …
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the research conference on "Globalisation and Inflation Dynamics in Asia and the Pacific" co-hosted by the People's Bank …://ssrn.com/abstract=2420025" Globalisation, Inflation and Monetary Policy in Asia and the Pacific …
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money and inflation. When analysing the full sample of countries, we find a strong positive relation between long …-run inflation and the money growth rate. The relation is not proportional, however. The strong link between inflation and money … growth is almost wholly due to the presence of high-(or hyper-) inflation countries in the sample. The relationship between …
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money and inflation. When analysing the full sample of countries we find a strong positive relation between the long …-run inflation and money growth rate. The relation is not, however, proportional. The strong link between inflation and money growth … is almost wholly due to the presence of high (or hyper-) inflation countries in the sample. The relationship between …
Persistent link: https://www.econbiz.de/10014123208
inflation theory. This study examined the effect of money supply and gross domestic product (GDP) growth on inflation volatility …. We used the cross- country data of 40 countries, both in 2002 and 2014, from the World Bank publications. We analyzed the … results pointed inflation volatility in 40 countries was mostly driven by the monetary side, not by the real sector. Meanwhile …
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