Analysis of Economic Growth & Inflation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Analysis of Economic Growth & Inflation write by Raymond Cook. This book was released on 2013-06-05. Analysis of Economic Growth & Inflation available in PDF, EPUB and Kindle. Research Paper (postgraduate) from the year 2011 in the subject Economics - Finance, grade: A, University of Newcastle, language: English, abstract: During the past two decades, China’s economy has been growing rapidly, so has the inflation rate. This research focuses on the relationship between China’s inflation rate and economic growth. There are three sub-questions, consisting of whether there is a significant correlation between China’s inflation and economic growth, whether there is a cause-and-effect relationship between China’s inflation and economic growth, and how time factor influences their relationship. The result will be helpful for the government to find a way in order to achieve high economic growth and low inflation. After reviewing empirical literature, we know that as the dada and methods differ, different researchers have generated different conclusions regarding the relationship between inflation and economic growth. In this research, we use CPI to measure inflation rate and GDP growth rate to measure economic growth rate. All the data are collected from the National Bureau of Statistics of China. We use three methods to analyse data, including the Correlation Coefficient test, the Granger Causality test as well as the VAR model analysis. The result turns out to be that there is a bidirectional causality relationship between inflation and economy growth, but the relationship is not so strong because CPI is not solely driven by GDP. At last, we have come up with three recommendations: firstly, change their model of economic development; secondly, use the monetary policies; thirdly, monitor and predict people’s expectation of inflation.
Inflation in Emerging and Developing Economies
Inflation in Emerging and Developing Economies - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Inflation in Emerging and Developing Economies write by Jongrim Ha. This book was released on 2019-02-24. Inflation in Emerging and Developing Economies available in PDF, EPUB and Kindle. This is the first comprehensive study in the context of EMDEs that covers, in one consistent framework, the evolution and global and domestic drivers of inflation, the role of expectations, exchange rate pass-through and policy implications. In addition, the report analyzes inflation and monetary policy related challenges in LICs. The report documents three major findings: In First, EMDE disinflation over the past four decades was to a significant degree a result of favorable external developments, pointing to the risk of rising EMDE inflation if global inflation were to increase. In particular, the decline in EMDE inflation has been supported by broad-based global disinflation amid rapid international trade and financial integration and the disruption caused by the global financial crisis. While domestic factors continue to be the main drivers of short-term movements in EMDE inflation, the role of global factors has risen by one-half between the 1970s and the 2000s. On average, global shocks, especially oil price swings and global demand shocks have accounted for more than one-quarter of domestic inflation variatio--and more in countries with stronger global linkages and greater reliance on commodity imports. In LICs, global food and energy price shocks accounted for another 12 percent of core inflation variatio--half more than in advanced economies and one-fifth more than in non-LIC EMDEs. Second, inflation expectations continue to be less well-anchored in EMDEs than in advanced economies, although a move to inflation targeting and better fiscal frameworks has helped strengthen monetary policy credibility. Lower monetary policy credibility and exchange rate flexibility have also been associated with higher pass-through of exchange rate shocks into domestic inflation in the event of global shocks, which have accounted for half of EMDE exchange rate variation. Third, in part because of poorly anchored inflation expectations, the transmission of global commodity price shocks to domestic LIC inflation (combined with unintended consequences of other government policies) can have material implications for poverty: the global food price spikes in 2010-11 tipped roughly 8 million people into poverty.
Inflation and Growth
Inflation and Growth - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Inflation and Growth write by Stephanie Kremer. This book was released on 2010. Inflation and Growth available in PDF, EPUB and Kindle.
Relationship between inflation and economic growth: a multi country empirical analysis
Relationship between inflation and economic growth: a multi country empirical analysis - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Relationship between inflation and economic growth: a multi country empirical analysis write by . This book was released on 1993. Relationship between inflation and economic growth: a multi country empirical analysis available in PDF, EPUB and Kindle.
Nonlinear Relation Between Inflation and Growth – Panel Data Analysis
Nonlinear Relation Between Inflation and Growth – Panel Data Analysis - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Nonlinear Relation Between Inflation and Growth – Panel Data Analysis write by Anna Miller. This book was released on 2013-10-24. Nonlinear Relation Between Inflation and Growth – Panel Data Analysis available in PDF, EPUB and Kindle. Master's Thesis from the year 2013 in the subject Economics - Economic Cycle and Growth, grade: 64%, University of Nottingham, language: English, abstract: This paper examines the inflation-growth interaction for different country groups with similar national incomes for the period 1970-2011. It could be confirmed that this relation is strictly nonlinear with a threshold level of inflation of 3% for high-income countries and 13% for low-income countries. Although this result is in line with previous empirical studies based on a similar data set, much smaller samples needed to be used to obtain these results. Inflation threshold levels are estimated using the iteration method and different panel-specific techniques. Strongly significant thresholds were yielded only when controlling for country-fixed effects. Policymakers can use the findings for high-income or industrialised countries as a guide for inflation targeting, however more precise analyses for less advanced countries are needed in order to be useful for monetary policy.
