The determinants of inflation
Some stylized facts relating the regional dispersion in headline inflation rates in the euro area as well as in the main components of the consumer price index we find that a relatively large proportion of it occurs in the service category of the eu's harmonized consumer price index (hicp) we then . Downloadable we investigate the inflation rate in colombia in terms of excess money, excess demand, deviations from ppp, and wage inflation in contrast to previous results for a group of industrial economias, we find that domestic factors are a far more powerful influence on inflation than are external factors. An examination on the determinants of inflation study by yen chee lim and siok kun sek, member, iedrc shows that money supply is the determinant of inflation which imposes long run impact on inflation in high and low inflation countries. Determinants of inflation, which happens within the confluences of time europe has been characterised with the issue of inflation for several years now for more.
An important determinant of inflation is given by expectations on future rate of inflation, to the extent they are widely accepted and exert influence on decision-making processes, as with long and medium-term wage contracts. At the world market, exchange rate, and esqe are key determinants of inflation in ghana the findings indicate a positive relationship between crude oil price at the world market and inflation,. Two views drawn from this research were, first one is the inflation targeting has made the level of accommodation different for the central or reserve banks, although, inflation and non-inflation targeters after inflation targeting begins same.
This study examines the impacts of macroeconomic variables on the inflation in nepal during 1975-2016 the variables considered for the study is limited to the use of broad money supply, real gdp, indian prices. The study on the determinants of inflation is important as the results will provide higher understanding on the transmission of shocks and the inter-relationship between. Issuu is a digital publishing platform that makes it simple to publish magazines, catalogs, newspapers, books, and more online easily share your publications and get them in front of issuu’s . 1 ayinde, o e is the corresponding author and a postdoctoral fellow at ieri, tshwane university of technology, pretoria, south africa determinants of inflation in nigeria: a co- integration.
Determinants of inflation in the euro area: the role of labor and product market institutions florence jaumotte and hanan morsy wp/12/37. This paper analyzes the determinants of inflation in malaysian using economic indicators the study extends empirical work on determinants of inflation theory in three ways first, it examines a . Food price inflation and its determinants like inflation expectations, money supply, per capita gdp, support prices, food imports and food exports empirical findings prove the long run relationships among food price. Determinants of inflation: a case of pakistan (1970-2007) rana ejaz ali khan and abid rashid gill department of economics, the islamia university of bahawalpur,. This paper investigates the determinants of inflation in nigeria between 1980 and 2012 the properties of time series variables were examined through the use of ols, augmented dickey-fuller technique in testing the unit.
Paper identifies the major determinants of inflation in india using a time varying svar model for the period 1996–2014 • influence of monetary policy on inflation remained almost steady during the study period. Determinants of cpi inflation for vietnam over the period 2001 to 2009 vietnam is chosen as our focus for this study because of the country’s recent history of high inflation since the end. 934 determinants of inflation in tanzania - download as pdf file (pdf), text file (txt) or read online inflation tz. Paper further examined the determinants of inflation that contribute to inflation causation in kenya by enumerating the effects of various macro-economic variables in the economy and further evaluate the policy response to the inflation problem.
The determinants of inflation
Therefore, the research work intends to make a critical assessment of the determinants of inflation in nigeria is the necessary condition upon which a lasting solution to inflation can be found in nigeria. The long run determinants of non-food inflation, and also, are exchange rate, broad money supply, narrow money supply, food consumption price index, non-food consumption price index, interest rate, real gdp and nominal gdp are found to be prime sources of inflation. Determinants of the inflation deficit compels the central bank to print new money to finance the budget deficit which led to an increase in money stock2.
This paper presents a macroeconomic model of the nigerian economy the long-run relationships pertaining to the markets for money, foreign exchange, and (non-oil) output are estimated subsequently, dynamic equations are estimated for the price level, the real exchange rate, and output the results . Both the increase and the decrease of inflation rate (general price level) are like a two side sharpened razor in an economy like bangladesh they both are harmful for an economy therefore, it has been attempted here to know about some experimented determinants of inflation moreover, in this . This paper studies the determinants of inflation in gcc, using an empirical model that includes domestic and external factors inflation in major trading partners appears to be the most relevant foreign factor. To analyze determinants of inflation for the time series data for the period from 1970 to 2007 the findings reveal that growth rate of gdp, money supply, imports, 1 st lag of inflation and interest rate give positive.
P working paper series no 1129 / december 2009 determinants of inflation and rice level differentials across the euro area countries by malin andersson,. Determinants of recent inflation in pakistan 172 paper presents trend analysis of the dependent and explanatory variables it proceeds with a review of literature, including a discussion on the reasons of why to worry about. The current study assesses the determinates of inflation in jordanian economy over the period 2000:1 to 2017:4, by using quarterly data on inflation, money supply, intere.