Results 31 to 40 of about 267,003 (303)
Assessment criteria for output gap estimates [PDF]
Abstract This paper assesses the statistical reliability of different measures of the output gap for the Euro-11 area and the US using output, inflation and unemployment systems. In order to assess the reliability of an output gap estimate three criteria are adopted. Firstly, the estimate should have forecasting power over inflation. Secondly, the ex
Camba-Méndez, Gonzalo +1 more
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Re-modeling the Romanian Fiscal Policy under the Terms of the Economic Crisis [PDF]
This paper brings arguments for the necessity to re-think the modality to analize and interpret the Romanian fiscal policy, under the terms of the future adheration to the Euro Zone.
Aura Gabriela SOCOL, Dorin MĂNTESCU
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The Sustainability of Public Finances in Republic of Moldova Under EU Fiscal Rules
This paper analyses public finances sustainability in the Republic of Moldova under the European Union fiscal rules, by estimating the structural budget balance indicator using a three steps methodology.
Covalschi Tatiana, Lazăr Sebastian
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Central Banks’ Response to Inflation, Output Gap, and Exchange Rate in Nigeria and South Africa
In Africa, a number of countries like South Africa have adopted inflation targeting. In Nigeria, different monetary policy regimes have been adopted over the years with rather unsatisfactory success. This study examines inflation targeting in Nigeria and
Olusegun Vincent
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Determination of inflationary behavior: A comparative analysis
Standard theory of consumer behavior stands on the maxim of utility maximization. Optimizing behavior of consumer is achieved by maximization of utility subject to budget constraint.
M. Fahad Malik +2 more
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THE RELATIONSHIP BETWEEN INFLATION and OUTPUT GAP WITH THE PHILLIPS CURVE APPROACH
The output gap is an important monetary policy tool in evaluating demanddriven pressures on inflation. The study aims to estimate the deficit in Türkiye between the years 2006-2022, the past period of inflation, and the effect of the dollar exchange rate
Havva Koç
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Output gaps and inflation in Mainland China [PDF]
We estimate output gaps using three methods for Mainland China on annual data spanning 1982-2003. The estimates are similar and appear to co-move with inflation. Standard Phillips curves, however, do not fit the data well. This may reflect the omission of some important variable(s) such as the effect of price deregulation, trade liberalisation and/or ...
Stefan Gerlach, Wensheng Peng
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Limits of Inflation Targeting Strategy [PDF]
This paper evaluates the trade-off between output volatility and the variability of the inflation rate around its target (Romanian case). The optimal choice for National Bank of Romania (NBR), in our opinion, is the flexible inflation targeting. For this
Aura Niculescu, Cristian Socol
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The impact of monetary policy on output and inflation in India: A frequency domain analysis [PDF]
In the recent past, several attempts by the RBI to control inflation through tight monetary policy have ended up slowing the growth process, thereby provoking prolonged discussion among academics and policymakers about the efficacy of monetary ...
Salunkhe Bhavesh, Patnaik Anuradha
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Les notions de production potentielle et d'écart de production (output gap) constituent des outils importants permettant aux banques centrales et en particulier à la Banque centrale des États de l'Afrique de l'Ouest (BCEAO) de prévoir l'inflation dans la
Thierno Thioune
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