Results 31 to 40 of about 267,003 (303)

Assessment criteria for output gap estimates [PDF]

open access: yesEconomic Modelling, 2001
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
openaire   +2 more sources

Re-modeling the Romanian Fiscal Policy under the Terms of the Economic Crisis [PDF]

open access: yesTheoretical and Applied Economics, 2011
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
doaj   +1 more source

The Sustainability of Public Finances in Republic of Moldova Under EU Fiscal Rules

open access: yesScientific Annals of Economics and Business, 2016
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
doaj   +1 more source

Central Banks’ Response to Inflation, Output Gap, and Exchange Rate in Nigeria and South Africa

open access: yesCogent Business & Management, 2021
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
doaj   +1 more source

Determination of inflationary behavior: A comparative analysis

open access: yesCogent Economics & Finance, 2022
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
doaj   +1 more source

THE RELATIONSHIP BETWEEN INFLATION and OUTPUT GAP WITH THE PHILLIPS CURVE APPROACH

open access: yesTrakya University Journal of Social Sciences, 2023
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
doaj   +1 more source

Output gaps and inflation in Mainland China [PDF]

open access: yesChina Economic Review, 2006
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
openaire   +3 more sources

Limits of Inflation Targeting Strategy [PDF]

open access: yesTheoretical and Applied Economics, 2006
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
doaj   +1 more source

The impact of monetary policy on output and inflation in India: A frequency domain analysis [PDF]

open access: yesEkonomski Anali, 2017
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
doaj   +1 more source

Écart de production dans la Zone UEMOA : analyse comparative d'une estimation par la fonction de production, le filtre de Kalman et le VAR structurel bayésien

open access: yesRevue Internationale des Économistes de Langue Française, 2021
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
doaj   +1 more source

Home - About - Disclaimer - Privacy