A time series data has been used to check the relation between inflation and GDP for the period of 1971 to 2011. Granger Causality test and Ordinary Least Square method has been used to obtain the empirical evidence. The results of Granger Causality test suggest that GDP causes inflation. The...
Answer to: What would be the expected relationship between GDP, inflation rate, and unemployment rate? What happens when one goes up, to the other...
What is the relationship between the CPI, PPI, and GDP deflator to inflation? Do CPI, PPI, and GDP have an impact on inflation or do they tell the country's overall inflation level? Inflation Inflation r...
(very corrupt). While the economic performance used in this paper are published annually by the World Bank, the economic performance in this paper is presented by three macroeconomic variables namely; unemployment, inflation and GDP growth. These three variables are mostly used to measure the ...
Estimated threshold model indicates that there is a non-linear relationship between economic growth and inflation in the Azerbaijani economy and threshold level of inflation for GDP growth is 13 percent. Below threshold level inflation has statistically significant positive effect on GDP growth, but ...
The relationship between money supply and the GDP depends on the short-term or long-term view of the economy. The nominal GDP tends to rise with the money supply. Real GDP, also referred to as "constant price," "inflation-corrected," or "constant-dollar GDP," is an inflation-adjusted me...
The relationship between inflation and wage growth in the Irish economy This paper tests for the long-run and short-run relationship between prices and wages in the Irish economy over the 1975-92 period. Using recent econometri... B Lally,JL Wu,A Phillips - National University of Ireland Gal...
The relationship between inflation and inflation uncertainty in the UK: 1885-1998. :Provides strong evidence based on inflation data from Great Britain which favors the hypothesis that inflationary periods are associated with high inflati... Fountas,Stilianos - 《Economics Letters》 被引量: 158发表...
Higher oil prices contribute to inflation directly and by increasing the cost of inputs. There was a strong correlation between inflation and oil prices during the 1970s. Oil's potential to stoke inflation has declined as the U.S. economy has become less dependent on it. ...
Interest rates and inflation tend to move in the same direction, but with lags because policymakers require data to estimate future inflation trends, and the interest rates they set take time to fully affect the economy. Higher rates may be needed to bring rising inflation under control, while ...