Download or read book Essays on Inflation written by Thomas M. Humphrey and published by . This book was released on 1986 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Two Essays on Inflation and Stock Prices written by Yoon Dokko and published by . This book was released on 1984 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Two Essays on Interest Rates and Inflation written by Rüşdü Saracoglu and published by . This book was released on 1980 with total page 1160 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Two Essays on Inflation written by Selahattin İmrohoroğlu and published by . This book was released on 1988 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Inflation unemployment and economic growth written by Thorvaldur Gylfason and published by . This book was released on 1977 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Two Essays on Interest Rates and Inflation written by Geary Alan Gessler and published by . This book was released on 1979 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Two Essays on Interest Rate and Inflation written by Geary Alan Gessler and published by . This book was released on 1979 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays on Inflation and Monetary Policy written by Junhan Kim and published by . This book was released on 2003 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Two Essays on Globalization and Inflation written by Sophie Guilloux-Nefussi and published by . This book was released on 2015 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation consists of two essays studying the impact of globalization on the inflation dynamics.
Download or read book Essays on money and inflation written by David E. W. Laidler and published by . This book was released on 1979 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Two Essays on Money Supply Growth Inflation and Interest Rates written by Masoud Moghaddam and published by . This book was released on 1984 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Two Essays on the Link Between Inflation Uncertainty and Interest Rates and Effect of Foreign Income on Economic Performance of a Small open Economy written by Zübeyir Kılınç and published by . This book was released on 2005 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Great Inflation written by Michael D. Bordo and published by University of Chicago Press. This book was released on 2013-06-28 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.
Download or read book Price adjustmant under inflation and rules of trade written by and published by . This book was released on 1982 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays on Inflation Dynamics and Monetary Policy in a Globalized World written by Muhammad Naveed Tahir and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this thesis is to analyze the impact of globalization on the dynamics of inflation and monetary policy in a globalized world. It consists of three essays.In the first essay we investigate the impact of financial globalization on the behaviour of inflation targeting emerging market economies with respect to exchange rate - Do central banks respond to exchange rate movements or not? We use quarterly data for six emerging market inflation targeting economies from the date of their inflation targeting adoption to 2009 Q4. The chapter uses small open economy new Keynesian model à la Gali and Monacelli (2005), and employs multi-equation GMM technique to investigate the relationship. We find that the response of central bank to the exchange rate in case of Brazil, Chile, Mexico and Thailand is statistically significant while insignificant for Korea and Czech Republic. Theoretically, it should not be so as even under flexible inflation targeting central bank responds to inflation deviation and output gap; we think that the peculiar characteristics of emerging markets, like fear of floating, weak financial system and low level of central bank credibility make exchange rate important for these economies. In the second essay we investigate empirically the relative importance of monetary transmission channels for Brazil, Chile and Korea. This chapter uses monthly data from the inception of inflation targeting regime to 2009 M12. We use a SVAR model incorporating the main monetary transmission channels combined together instead of individual channels in isolation. The empirical results indicate that the exchange rate channel and the share price channel have higher relative importance than the traditional interest rate and credit channel for industrial production. The results are not much different in case of inflation, except for Korea. The high ranking of exchange rate and share price channel is in line with the results by Gudmundsson (2007), which finds that exchange rate channel might have overburdened in the wake of financial globalization.In the third chapter we investigate empirically the role of openness - real and financial - on the inflation dynamics of Brazil, Chile and Korea. The chapter uses monthly data from the inception of inflation targeting regime to the end month of 2009. In this chapter we employ the Generalized Method of Moments (GMM) technique. We use imports to GDP ratio as an indicator for real openness whereas Chinn and Ito index (KAOPEN) and total assets plus total liabilities to GDP ratio form the data set of Lane and Milesi-Ferretti are two proxies for financial openness. The chapter concludes that there exists, generally, a positive relationship between real openness and inflation. However, in case of financial globalization the results are inconclusive as they are sensitive to measurement method of financial globalization.
Download or read book Empirical Essays on Inflation and Economic Growth written by Lezheng Liu and published by . This book was released on 2007 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation collects three empirical essays on inflation and economic growth. The first essay examines the impact of inflation uncertainty on the level of inflation. Uncertainty is measured by the conditional variance of inflation, and inflation is modeled as a GARCH-in-mean process with a two-regime Markov-switching coefficient on uncertainty. Using a Bayesian estimator with the Markov Chain Monte Carlo approach, we find that the impacts of uncertainty on inflation are statistically significant and have different signs in different regimes for the U.S. postwar data. The regime switching nature of the inflation process can explain the contradictory theoretical predictions and empirical evidence shown in the existing literature. In the second essay, we develop a time-varying parameter model with survey information to forecast future inflation rates. To capture the inflation dynamics, we first specify quarterly U.S. inflation as an AR(2) process with time-varying unobservable parameters. The model is estimated by the Kalman filter algorithm. We then examine survey data information by combining Survey of Professional Forecasters (SPF) forecasts into the model. Compared to the survey data and the classical ARIMA models, the time-varying parameter models significantly reduce out-of-sample prediction errors. We find that the improvement lies over the time-varying feature of the models and that including survey data does not significantly improve predictive ability, indicating that the survey data do not contain too much information beyond realized inflation rates. The third essay re-examines the convergence hypothesis by revising a four-step procedure of the panel unit root test suggested by Evans and Karras (1996). We use data on output for 24 OECD countries over 40 years. We incorporate the spatial autoregressive error structure into a fixed-effect panel model to account for spatial dependence that may induce significant size distortion of the conventional panel unit root tests. Bootstrap procedures are employed to find related critical values. In contrast to the results obtained from the test that does not consider the spatial error structure, our results indicate that there is no output convergence among the OECD countries.
Download or read book La Rapresentatione di santo Alexo nuovamente ristampata written by and published by . This book was released on 1570 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
