The monetary explanation of inflation: The experience of three major OPEC economies. Journal of Economics and Business, 37, 209-221.Darrat, A.F. (1985), "The Monetary Explanation of Inflation: The Experience of Three Major OPEC Economies", Journal of Economics and Business, Vol.37, pp.209...
Economics aims to explain how economies work and how economic agents interact. Trade:is the exchange of goods or service for money. International trade is the exchange of goods or service internationally. Inflation:a rise in the generallevel of pricesof goods and services in aneconomyover a ...
Relatedly, one will be unable to evaluate counterfactuals of the form: If a'41' were to associatedwith any true causal claim there ought to be an unambigu- ous counterfactual with a in the moneysupply and inflation is a mere correlation instead of a genuine causal relationship, it doi...
消费经济学名词解释(Explanation of consumption economics).doc,消费经济学名词解释(Explanation of consumption economics) Noun explanation No difference curve: the connection of the point where consumers are satisfied with the same degree of satisfaction
This paper presents a new explanation of why the growth effect of inflation reported in the literature is an inverted-U relationship with considerations of... FH Chang,L Zhang,M Mcaleer - 《Annals of Financial Economics》 被引量: 0发表: 2022年 加载更多来源...
We show that bond risk-premia rise with uncertainty about expected inflation and fall with uncertainty about expected growth; the magnitude of return predictability using these two uncertainty measures is similar to that by multiple yields. Motivated by this evidence, we develop and estimate a long-...
Instead, the Fed was worried more about inflation. It ruled out a return to expansionary monetary policy anytime soon. Lower interest rates were needed to spur homeowners into buying homes. The housing slump was slowing the U.S. economy. ...
With inflation under control in many middle-income countries (MICs), it is now swings in credit, investment and asset prices that affect these countries t... A Tornell,F Westermann - 《Ucla Economics Online Papers》 被引量: 188发表: 2003年 Boom-Bust Cycles in Credit Constrained Economies: ...
R. (1996) "Targeting Inflation: The Effects of Monetary Policy on the CPI and Its Housing Component." Public Policy Brief, N. 27. The Jerome Levy ... DB Papadimitriou,LR Wray - 《Economics Public Policy Brief Archive》 被引量: 20发表: 1996年 WISC-IV GAI and CPI in Psychoeducational As...
Both Laspeyres and Paasche Index are popular measures of the changes in the price level or inflation of the index constituent commodities. Many economists, however, do not use it because they do not consider the substitution effect. To overcome this drawback of the Laspeyres and Paasche Index, ...