The article presents an economic forecast which implies that inflation will affect the growth rates in Yemen. It is stated that inflation is a real risk in the economy. It is observed that the drastic change of the previous years is suggesting a clear scope for a tighter policy. Yemeni autho...
Inflation is the change in prices over a period of time. A 1% inflation rate implies that an item that cost $100 last year would cost $101 this year. Of course, inflation doesn't affect every type of purchase in the same way, and there is quite a bit more to inflation than the...
In this paper we characterize the Ramsey-optimal rate of inflation in an economy with a foreign demand for its currency. In the absence of such demand, the model implies that the Friedman rule-deflation at the real rate of interest-maximizes the utility of the representative domestic consumer....
This paper presents new evidence on inflation differentials in the Euro Area from different perspectives, and extending the sample including the recent financial crisis. First, we give an informal analysis of the evolution of inflation dispersion and inflation differentials since the start of EMU. Seco...
That is, after an adverse supply shock, policymakers have to accept a higher rate of inflation for any given rate of unemployment, or a higher rate of unemployment for any given rate of inflation. When the Fed contracts growth in the money supply to reduce inflation, it moves the economy ...
The interaction between changes in the rate of inflation and tax systems can have potential terms of trade effects. An open-economy macroeconomic model is presented in which such effects are analyzed. The asset menu consists of money, corporate capital whose nominal income is subject to taxation,...
The Error Correction Model (ECM) test is essential to see whether an economy is converging towards equilibrium in the short- run or not. According to the outcome of the study, inflation is away from its equilibrium value. For instance, the error correction term -0.49 implies that 49 percent...
(2019) suggest that fluctuations in actual commodity prices have a strong negative influence on the effective exchange rate when a country has a low degree of financial integration. Show abstract The macroeconomic effects of unconventional monetary policies in a commodity-exporting economy: Evidence ...
a central bank should take appropriate actions to stem the emergence of substantial slack in the economy and thereby reduce the risk of deflation. Second, it should clearly communicate its commitment to low positive rates of inflation. An example of such communication is the Federal Open Market Co...
(2013), "Exchange Rate Interventions and Inflation Expectations in an Inflation Targeting Economy", manuscript, Central Bank of Chile... PP Brown - 《Revista De Analisis Economico》 被引量: 0发表: 2018年 Inflation Targeting Debate Over the past fifteen years, a significant number of industrialize...