Abstract As central banks struggle against high inflation in the aftermath of Covid-19 pandemic and war Ukraine, it is essential to understand open economy aspects determination. Using a Bayesian VAR with time-varying parameters stochastic volatility, we analyze behavior pass-through across time relation macroeconomic variables. Pass-through increases size volatility exchange rate level, varian...

This study was conducted with the aim of photographing effect central government spending and exchange rate Rupiah against US Dollar for period January 2016 to 2022. uses VECM method determine long-term short-term relationship these variables, see response inflation shocks rates. contribution each variable. The result this research is that in long term only variable goods expenditure has a sign...

This paper extends empirical research on determinants of divorce in two ways. First, I examine the effect of inflation on divorce. Second, the use of a structural time-series modeling approach attributes unobservables and omitted variables to an unobserved component, which allows for the model‘s parameters to be estimated consistently. Inflation is statistically significant, positive, and persi...

One of the striking features of the business cycles is the patterns of co-movement of output, inflation, interest rates, and real equity prices across countries. This paper empirically examines the effects of domestic and foreign monetary policies on Iranchr('39')s macroeconomic variables (including real production, inflation, short-term interest rate, and real exchange rate) using quarterly da...

This paper provides a theoretical framework for understanding how monetary policy can be used to control expectations of inflation. We study a simple production economy with a cash-in-advance constraint in which monetary-fiscal policy is Ricardian. Agents’ expectations are modeled as probability distributions on a finite set of possible inflation rates. The monetary authority announces a public...