Home Country Macroeconomic Influences on Outward Cross
... advantages by providing the context in which firm choices are made. Our question therefore is: do home country macroeconomic factors have explanatory power for the cross-border mergers and acquisitions outflows? This paper attempts to model the relationship between a selected home country-specific n ...
... advantages by providing the context in which firm choices are made. Our question therefore is: do home country macroeconomic factors have explanatory power for the cross-border mergers and acquisitions outflows? This paper attempts to model the relationship between a selected home country-specific n ...
Inflation in Pakistan: Money or Oil Prices
... of imported goods means the local currency is needed more for purchase of the same amount of imported goods. Increase in government taxes causes the goods become expensive. Printing of money causes inflation to rise because the available money determines the purchasing power of consumers. This print ...
... of imported goods means the local currency is needed more for purchase of the same amount of imported goods. Increase in government taxes causes the goods become expensive. Printing of money causes inflation to rise because the available money determines the purchasing power of consumers. This print ...
IOSR Journal of Economics and Finance (IOSR-JEF)
... some scholars have recommended the inflation threshold 8 percent for Nigeria (Salami and Kelikume, 2010). As pointed out in the of literature review section, such a low threshold of inflation is overtly ambitious, unrealistic and counterproductive to job creation and poverty alleviation efforts in t ...
... some scholars have recommended the inflation threshold 8 percent for Nigeria (Salami and Kelikume, 2010). As pointed out in the of literature review section, such a low threshold of inflation is overtly ambitious, unrealistic and counterproductive to job creation and poverty alleviation efforts in t ...
Monetary Policy Report – July 2014
... “We are still a long way from home.... Our economy has room to grow. And, when we do get home, there is a growing consensus that interest rates will still be lower than we were accustomed to in the past—both because of our shifting demographics and because, after such a long period at such unusuall ...
... “We are still a long way from home.... Our economy has room to grow. And, when we do get home, there is a growing consensus that interest rates will still be lower than we were accustomed to in the past—both because of our shifting demographics and because, after such a long period at such unusuall ...
Uni Bayreuth
... analyze optimal government spending in a micro-founded New Keynesian model. The present paper is in line with this research. It uses a more general setting and a larger set of policy variables than Beetsma and Jensen (2002, 2004), and Galí and Monacelli (2004), however. The paper discusses the short ...
... analyze optimal government spending in a micro-founded New Keynesian model. The present paper is in line with this research. It uses a more general setting and a larger set of policy variables than Beetsma and Jensen (2002, 2004), and Galí and Monacelli (2004), however. The paper discusses the short ...
Money and Prices
... In short run, there is a negative relationship between interest rates and an increase in money growth. In the long run, there is a positive relationship between an increase in money growth and the long run interest rate. This dichotomy is often manifested in the yield curve, the difference between a ...
... In short run, there is a negative relationship between interest rates and an increase in money growth. In the long run, there is a positive relationship between an increase in money growth and the long run interest rate. This dichotomy is often manifested in the yield curve, the difference between a ...
The low inflation
... The low inflation – should we be worried and can we do anything about it? Those of you who follow the debate on monetary policy will probably not be surprised that the theme of my speech today is the low rate of inflation. This is the most important question for monetary policy right now. Over the ...
... The low inflation – should we be worried and can we do anything about it? Those of you who follow the debate on monetary policy will probably not be surprised that the theme of my speech today is the low rate of inflation. This is the most important question for monetary policy right now. Over the ...
Chapter 13 - the School of Economics and Finance
... If increases in the PL turn out to be unexpected high, the union will take this into account when negotiating the next contract. The higher wages under the new contract will increase the company’s costs and result in the company’s needing to receive higher prices to produce the same quantity. ...
... If increases in the PL turn out to be unexpected high, the union will take this into account when negotiating the next contract. The higher wages under the new contract will increase the company’s costs and result in the company’s needing to receive higher prices to produce the same quantity. ...
Inflation in Developing Asia: Demand-Pull or Cost
... of the demand-pull variety in which excess aggregate demand leads to rising prices? The answer to that question has enormous implications for monetary policy in the region. The answer uncovered through econometric analysis is that developing Asia’s inflation is largely homegrown and due to excess ag ...
... of the demand-pull variety in which excess aggregate demand leads to rising prices? The answer to that question has enormous implications for monetary policy in the region. The answer uncovered through econometric analysis is that developing Asia’s inflation is largely homegrown and due to excess ag ...
A deflationary wave has arrived in the Eurozone but it is not the next
... again in recent weeks, there is a chance that inflation could dip into negative territory over the next couple of months if oil prices remain at current levels. However, this deflation is not necessarily something to worry about – it is ‘good deflation’. For a net importer of oil like the US, lower ...
... again in recent weeks, there is a chance that inflation could dip into negative territory over the next couple of months if oil prices remain at current levels. However, this deflation is not necessarily something to worry about – it is ‘good deflation’. For a net importer of oil like the US, lower ...
How can emerging market economies best cope with the current
... al (2016) use a micro-level data set linking goods-level prices in the PPI with firms’ balance sheet. They show that the pricesetting behaviour of firms that are constrained by liquidity (debt repayments) differs from that of firms that are not. ...
... al (2016) use a micro-level data set linking goods-level prices in the PPI with firms’ balance sheet. They show that the pricesetting behaviour of firms that are constrained by liquidity (debt repayments) differs from that of firms that are not. ...
Chapter 24 Test Bank
... Historically, Russia had a controlled economy with very low rates of measured inflation because prices were forbidden to rise by law. During those times, the Russian population also had perpetual shortages of goods, because forbidding prices to rise acted like a price ceiling and created a situation ...
... Historically, Russia had a controlled economy with very low rates of measured inflation because prices were forbidden to rise by law. During those times, the Russian population also had perpetual shortages of goods, because forbidding prices to rise acted like a price ceiling and created a situation ...
N. Gregory Mankiw Harvard University Ricardo Reis
... this sticky-information model displays three, related properties that are more consistent with accepted views about the effects of monetary policy. ...
... this sticky-information model displays three, related properties that are more consistent with accepted views about the effects of monetary policy. ...
Inflation Targeting and the Global Financial Crisis: Successes and Challenges
... judge whether this downward shift in the natural rate will endure. However, if it does, then it raises the specter of the ZLB being a more frequent problem than in past decades when the natural rate of interest was higher. In summary, based on the broader historical experience and potential for a lo ...
... judge whether this downward shift in the natural rate will endure. However, if it does, then it raises the specter of the ZLB being a more frequent problem than in past decades when the natural rate of interest was higher. In summary, based on the broader historical experience and potential for a lo ...
inflation modeling for the sudan 1970-2002
... Reference is made to a rise or a fall in the rate of world inflation implying that it could be measured and has an analytical meaning. The most widely- used measurement of inflation is the consumer’s price index (CPI). The CPI measures the cost of consumer’s goods and services. It can be used as an ...
... Reference is made to a rise or a fall in the rate of world inflation implying that it could be measured and has an analytical meaning. The most widely- used measurement of inflation is the consumer’s price index (CPI). The CPI measures the cost of consumer’s goods and services. It can be used as an ...
Factors that shift the Aggregate Demand Curve
... Define the following terms: aggregate demand, aggregate supply, economy’s potential real GDP, and macroeconomic equilibrium. Distinguish between the aggregate demand curve and the aggregate supply curve. Identify and describe the reasons for downward slope of the aggregate demand curve. Iden ...
... Define the following terms: aggregate demand, aggregate supply, economy’s potential real GDP, and macroeconomic equilibrium. Distinguish between the aggregate demand curve and the aggregate supply curve. Identify and describe the reasons for downward slope of the aggregate demand curve. Iden ...
CHAPTER 20 ADVANCED TOPICS Chapter Outline An Overview of
... appropriate for their classes. To avoid the impression that some theories are more important than others, it is important to give each of these approaches sufficient coverage in a way that students can comprehend. One compromise could be to forego any of the mathematical derivations and simply expla ...
... appropriate for their classes. To avoid the impression that some theories are more important than others, it is important to give each of these approaches sufficient coverage in a way that students can comprehend. One compromise could be to forego any of the mathematical derivations and simply expla ...
Do Higher Wages Cause Inflation?
... in the goods sector and in the service sector. The mechanisms we emphasize and quantify are changes in relative prices and monetary policy. Wages are surely an important factor in determining prices since they affect firms’ marginal costs. However, we propose two reasons for why higher wages may not ...
... in the goods sector and in the service sector. The mechanisms we emphasize and quantify are changes in relative prices and monetary policy. Wages are surely an important factor in determining prices since they affect firms’ marginal costs. However, we propose two reasons for why higher wages may not ...