The ARDL Bound test reveals that both inflation and unemployment are harmful to GDP, hindering its growth over time. The F-statistics indicate a consistent relationship between the variables. The Error Correction Model shows a high correlation between the variables in both the ...
The Fed’s preferred inflation gauge rose at its slowest monthly rate of the year in April. TheCorePCEPrice Index,which measures inflation excluding volatile food and energy prices, rose by 2.8% compared to the previous year, unchanged from March. CorePCEhas been flat over the past few month...
Finally, observing how concurrence between each CEECs cycle and the euro area evolved over time, we find that inflation conditional correlation increased stemming from the EU accession of most CEECs and as a result of the commodity price shock preceding 2008. Further, inflation and GDP conditional...
Real GDP is a way of separating the growth in goods and services produced by an economy from the inflation in the cost of living. Real GDP achieves its goal by expressing the value of goods and services in the current period with dollars of a prior period (commonly referred to as a base...
We find no evidence supporting the view that inflation is in general harmful to GDP growth. On the other hand, there is a negative correlation between contemporaneous intra-country inflation and growth for periods characterised by positive oil-price shocks.doi:10.1080/0003684042000266874...
inflationunderground economyfiscal pressureAnalysis of performance of any economy involves the measurement and correlation of threebasic elements: the rate of economic growth, the rate of inflation and unemployment rate. When the rateof growth (rate of real GDP) is high, the production of goods and...
The unconditional correlation between y–o-y GDP growth and the y–o-y nowcasting error ranges from -48% (for M1 of next quarter) up to -62% (for M2 of next quarter). Indicatively, Fig. 3 presents the scatterplots between y–o-y GDP growth and the y–o-y nowcasting errors, ...
The Effect of Interest Credit, Inflation and Regional Bruto Domestic Products to Investment Credit Distribution in Commercial Banks in East Java Banking institutions have a very strategic role in driving the economy of a country. Speaking of banking, it certainly cannot be separated from one of its...
Is there a correlation between income disparity and net (rather than gross) domestic product growth? Define GDP. What is the concept of GDP? What does the price level times real GDP equal to? What is the interaction between GDP growth rate and rate of inflation, with respect to the Indian...
Define GDP per capita, adjust inflation and the growth rate of GDP. How does Consumption affect GDP? Can GDP actual rise while domestic consumption decreases? How? How does Long Run Aggregate Supply relate to GDP? Why is Short Run Aggregate Supply Import...