Stability price index, core inflation and output volatility
نویسندگان
چکیده
منابع مشابه
the relationship between inflation – output volatility in iran
inflation has always been an economic problem and different solutions have been proposed to control it. although it is said that “higher output lowers inflation rate” but it is true when other factors are constant. this study searches the answer to the following question: “what is the effect of inflation rate and output in a case that inflation rate and output growth has a volatility trend?” to...
متن کاملOUTPUT AND PRICE STABILITY An International Comparison
The paper examines the behavior of output and prices for 10 ditTerent countries within the context of a rational expectations model with wage contracts. The model predicts that there is a policy tradeoff between output stability and price stability, and the estimated correlations and dynamic interactions are generally consistent with the model. For each of the countries the model is fit to the ...
متن کاملConstructing Core Inflation Index for Russia
All opinions expressed here are those of the author and not those of the Economics Education and Research Consortium Research dissemination by the EERC may include views on policy, but the EERC itself takes no institutional policy positions The paper studies a possibility to construct a price index (" core inflation " index) for Russia, which is more appropriate for assessing monetary policy th...
متن کاملAn Empirical Analysis of Dynamic Interrelationships Among Inflation, Inflation Uncertainty, Relative Price Dispersion, and Output Growth
Within a unified framework, the author conducts an empirical investigation of dynamic interrelationships among inflation, inflation uncertainty, relative price dispersion, and output growth. Focusing on the Canadian industrial sector, the author finds weak evidence that inflation uncertainty rises with the level of inflation, with short-run inflation uncertainty minimized at a trend inflation r...
متن کاملPolicy Preferences for Output Stability before and after Inflation Targeting
É proibida a reprodução parcial ou integral do conteúdo deste documento por qualquer meio de distribuição, digital ou im-presso, sem a expressa autorização do Insper ou de seu autor. A reprodução para fins didáticos é permitida observando-sea citação completa do documento Abstract This paper examines a set of inflation-targeting countries and presents evidence on the attitude of policymakers to...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Applied Economics Letters
سال: 2013
ISSN: 1350-4851,1466-4291
DOI: 10.1080/13504851.2012.739279