Showing 1 - 10 of 73,940
We analyse the elasticity of the household consumption expenditure (HCE) deflator to the exchange rate, using world …-weighted elasticity of around 0.1. This elasticity is stable over time but heterogeneous across countries, ranging from 0.05 to 0.22. Such … with a lag of several years, we extrapolate a reliable estimate of the HCE deflator elasticity from 2015 onwards using …
Persistent link: https://www.econbiz.de/10012648943
Exchange rates and international prices are endogenous – exchange rates influence export prices directly through the costs of intermediate imports, but import price inflation feeds back into the exchange rates indirectly through monetary policy. This paper shows how to quantify the causal...
Persistent link: https://www.econbiz.de/10013219635
markup elasticity of monetary non-neutrality in the United States equals 1. Second, the markup elasticity of monetary non …
Persistent link: https://www.econbiz.de/10014237117
This article develops elasticity of demand, which is a theoretical device in microeconomics that has been taught to …
Persistent link: https://www.econbiz.de/10013149234
Food price is a main driver of inflation that erodes the purchasing power of households. The study examined demand response to changes in price of rice during food price inflation in Nigeria using sampled households from Oyo State. A multi-stage sampling procedure was used to select 174...
Persistent link: https://www.econbiz.de/10013499488
We identify supply and demand shocks to the real price of natural gas in the Euro Area and the United States. Demand shocks are identified using exogenous temperature variations, while supply shocks are identified through a high-frequency strategy based on an extensive collection of...
Persistent link: https://www.econbiz.de/10015408158
additive separable poverty measures. This impact is captured by means of price elasticity of poverty. The total effect of …
Persistent link: https://www.econbiz.de/10014052506
We analyse the elasticity of the household consumption expenditure (HCE) deflator to the exchange rate, using world …-weighted elasticity of around 0.1. This elasticity is stable over time but heterogeneous across countries, ranging from 0.05 to 0.22. Such … with a lag of several years, we extrapolate a reliable estimate of the HCE deflator elasticity from 2015 onwards using …
Persistent link: https://www.econbiz.de/10012661638
Persistent link: https://www.econbiz.de/10011718362
Persistent link: https://www.econbiz.de/10011742079