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We empirically examine and compare the determinants of producer and consumer price inflation in 10 Asian economies … are more important in explaining producer price inflation than consumer price inflation in the 10 Asian economies. On the … other hand, for consumer prices, demand-pull factors still explain much of the inflation. Finally, we find that the …
Persistent link: https://www.econbiz.de/10011579513
-have been carried out at no cost to output. After suggesting a new methodology that allows for long-lived effects and inflation … combination of circumstances-i.e. capital inflows, structural reforms and the peculiar recent inflation history-can explain that …
Persistent link: https://www.econbiz.de/10010293509
broadest sense of the word, money and growth. While the course of the relationship between money supply and inflation is … evident in general terms, an overall tendency related to the relationship between inflation and growth hasn't been clarified …. This paper examines money, inflation and growth relationship in Turkey by using cointegration test. For this purpose, 1999 …
Persistent link: https://www.econbiz.de/10011273130
We empirically examine and compare the determinants of producer and consumer price inflation in 10 Asian economies … are more important in explaining producer price inflation than consumer price inflation in the 10 Asian economies. On the … other hand, for consumer prices, demand-pull factors still explain much of the inflation. Finally, we find that the …
Persistent link: https://www.econbiz.de/10011725564
large current account deficit or rise in inflation or interest rates, a rising inflow of external capital, accompanied by … the RBI's sterilizing these inflows and accumulating large reserves, even in the face of low inflation. We offer a …
Persistent link: https://www.econbiz.de/10011520530
developments, the risk of stagflation-a combination of high inflation and sluggish growth-has risen. The recovery from the …Global inflation has risen sharply from its lows in mid-2020, on rebounding global demand, supply bottlenecks, and … soaring food and energy prices, especially since the Russian Federation's invasion of Ukraine. Markets expect inflation to …
Persistent link: https://www.econbiz.de/10013256317
The present study aims to investigate the financial liberalisation and growth nexus in Pakistan by using the FM … financial development promotes the economic growth of the country. Moreover, Investment, human capital, trade openness and … government expenditure are also significant contributors to economic growth. …
Persistent link: https://www.econbiz.de/10012814294
The main contribution of this paper is to jointly estimate the effects of financial development and inflation on growth …. We aim to exploit both the cross-section and the time-series dimension of the data on inflation, growth and some banking …, that the long-run costs of inflation are not explained by policies of financial repression, and second, that if inflation …
Persistent link: https://www.econbiz.de/10005590692
towards the regression line but there is no shorter-term trade-off between fast real convergence and low inflation. Contrary … to popular perception high inflation is not necessary for fast convergence. Moreover the trajectories of certain euro …. However retaining one's national currency is not risk-free, even if domestic inflation is low, and even though subsequent …
Persistent link: https://www.econbiz.de/10005695393
that the inflation rate is growing in accordance with the growth of depreciation of the foreign exchange rate and the … exchange rate policy on the development of macroeconomic indicators (e. g. the average growth rate of real GDP in domestic … currency and the development of domestic inflation). It is obvious that exchange rate policy is not a passive factor, at least …
Persistent link: https://www.econbiz.de/10005103170