Results 211 to 220 of about 153,433 (259)

The Optimal Rate of Secular Inflation

Journal of Political Economy, 1971
A generalized Keynes-Hicks macromodel is used to show that, given a demand function for money which has constant price and income elasticities, the elasticity of the magnitude of demand-induced recessions with respect to the rate of secular inflation is -1.
Lohani, Prakash, Thompson, Earl A
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Interest Rates and the Announcement of Inflation

Financial Management, 1982
ly, the focus of research has shifted to two questions: the efficiency with which the market for short-term securities (usually Treasury Bills) utilizes information contained in past rates of inflation, and the ability of rates on Bills to predict future price changes 11, 4, 5, 10, 121.
Michael G. Ferri, Steven J. Goldstein, It‐Keong Chew   +2 more
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Dynamics of Interest and Inflation Rates

SSRN Electronic Journal, 2016
This paper proposes that there is a dynamic relationship between interest and inflation rates that are jointly determined due to the dual existence of Fisher and Wicksell processes. The Fisher process is the positive relationship between inflation and interest rates wherein causality runs from inflation to interest rates.
Ali Anari, James Kolari
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Variation Across Households in the Rate of Inflation [PDF]

Journal of Money, Credit and Banking, 1979
This paper reports on an empirical investigation of the distribution of inflation rates across households. The study uses a large cross-sectional survey of households to obtain information on the composition of the market bundles of goods and services purchased by each of several thousand households in the U.S.
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Relationship between inflation rate and inflation uncertainty

Economics Letters, 2001
To shed further light on the possible link between inflation rate and inflation uncertainty, the paper explores the relationship for US monthly inflation over 1926 to 1992 with various ARFIMA-GARCH-type models. It found that the inflation affected its uncertainty weakly negatively whereas the uncertainty affected the inflation insignificantly.
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On the variability of the inflation rate

1979 18th IEEE Conference on Decision and Control including the Symposium on Adaptive Processes, 1979
The variability of the inflation rate is studied by means of phase plane analysis and a related Markov chain analysis. Empirical results are presented for four Latin American countries using the Markov chain analysis. The empirical results suggest that an inflation rate of 17-18 percent per year might reasonably be interpreted as a critical rate below ...
Bruce Herrick, Michael Intriligator
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Inflation, Taxation, and Interest Rates

The Journal of Finance, 1982
ABSTRACTThis paper demonstrates that the response of nominal interest rates to changes in inflationary expectations should lie between that predicted by the “Fisher” and “Darby” effects. The exact nature of the response will depend on the relative size of the income and capital gains tax rates, and the relative size of the derivatives of investment and
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Consumer Spending and the Rate of Inflation

The Review of Economics and Statistics, 1977
IN a recent article, Thomas Juster and Paul Wachtel (1972b) have examined the impact of the rate of inflation on consumer expenditures. Using survey data on individuals' expectations regarding the future rate of inflation, they concluded that inflationary expectations cause a reallocation of consumer expenditures.
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The optimal inflation rate revisited. [PDF]

, 2011
We challenge the widely held belief that New Keynesian models cannot predict an optimal positive inflation rate. In fact we find that even for the US economy, characterized by relatively small government size, optimal trend inflation is justified by the Phelps argument that the inflation tax should be part of an optimal (distortionary) taxation scheme.
Giovanni Di Bartolomeo, Patrizio Tirelli, Nicola Acocella   +2 more
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Discovering the Link Between Inflation Rates and Inflation Uncertainty

Journal of Money, Credit and Banking, 1991
A new time-series model is used to reassess the strength of the link between inflation uncertainty and the level of inflation in the United States. The model provides several statistical measures that can be used to examine different aspects of uncertainty.
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