منابع مشابه
The Impact of EMU on Inflation Expectations
This paper analyses the impact of the monetary regime change from the Bundesbank to the ECB in 1999 on inflation expectations. In the theoretical part, the Barro-Gordon model is used to derive the potential effect of a new central bank on inflation, inflation expectations and forecast errors. The econometric investigation is based on a flexible specification of expectation formation which allow...
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We test for fractional dynamics in CPI-based inflation rates for twenty-seven countries and WPI-based inflation rates for twenty-two countries. The fractional differencing parameter is estimated using semiparametric and approximate maximum likelihood methods. Significant evidence of fractional dynamics with long-memory features is found in both CPIand WPI-based inflation rates for industrial as...
متن کاملPatterns of Inflation Rates and Inflation Uncertainty in Quantile Regression
In contrast to conventional conditional mean approaches, this study uses quantile regression techniques to present some new statistical evidence on the link between inflation uncertainty and the level of inflation with cross sectional data in 161 countries for period from 1961-2002. We find new evidence that suggests positive inflation shocks have stronger impacts on inflation uncertainty acros...
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We demonstrate that average interest rates in the EMU countries in 1990–98, with the exception of the period of exchange market turmoil in 1992–93, moved very closely with average output gaps and inflation as suggested by the Taylor rule. 2000 Elsevier Science S.A. All rights reserved.
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The main goal of this study is to investigate the impact of information and communication technology (ICT) on human development in the six Gulf Cooperation Council countries (GCC), particularly, the effect of ICT development index on the three-key component of human development; income, health, and education. The study focused on the years 2005-2014. Based on the theoretical background explaine...
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ژورنال
عنوان ژورنال: Economic Policy
سال: 2003
ISSN: 0266-4658,1468-0327
DOI: 10.1111/1468-0327.00110_1