Last edited by Kami
Thursday, July 23, 2020 | History

3 edition of Some evidence on the relationship between politics and inflation found in the catalog.

Some evidence on the relationship between politics and inflation

Jeffrey L. Smith

Some evidence on the relationship between politics and inflation

by Jeffrey L. Smith

  • 50 Want to read
  • 24 Currently reading

Published in 1977 .
Written in English


Edition Notes

Statementby Jeffrey L. Smith
Classifications
LC ClassificationsMicrofilm 80963 (H)
The Physical Object
FormatMicroform
Paginationvii, 131 leaves
Number of Pages131
ID Numbers
Open LibraryOL3089681M
LC Control Number82192136

The effects of inflation on economic growth and on its macroeconomic determinants Muhammad Khan To cite this version: Muhammad Khan. The effects of inflation on economic growth and on its macroeconomic deter-minants. Economics and Finance. Université d’Orléans, English. ￿NNT: ORLE￿. ￿tel￿. The (non) disappearing Phillips Curve – the evidence. it is naive to argue that the underlying relationship between inflation and unemployment has broken down simply from a plot of these two.

It is quite easy, of course, to state some of the terrible costs —political, social and economic — of continued inflation. If the public really grasped the tragic nature of inflationary consequences it would respond more readily to the dis­cipline which would curb : Lawrence Fertig. Prices and InflationWhen looking at the relationship between inflation and international trade, economists focus on a few important variables. These are domestic and foreign price levels, the exchange rate or the domestic currency price of foreign money (e.g., yen per dollar), and the tradability of a good. These variables and some basic economic relationships establish a number of important.

The relationship between inflation and unemployment over the past 40 years has not been stable in the United States in the sense that it varies widely depending on the time period analyzed. The standard procedure for examining this relationship is a statistical analysis of the relationship between current unemployment and future inflation.   The link between inequality and inflation is an issue of major concern with important policy implications. The finding of a positive relationship would imply that policy makers should be concerned with the distributional implications of government policies not only for social and political reasons but also because income distribution may have long-run effects on inflation--a .


Share this book
You might also like
Christmas is for giving.

Christmas is for giving.

Little Dogs BIG Adventure

Little Dogs BIG Adventure

Koko Bears Big Earache

Koko Bears Big Earache

brief historical sketch of Port Townsend, Washington

brief historical sketch of Port Townsend, Washington

The solid gold copy editor

The solid gold copy editor

Vibrational analysis of a coal pulverising mill.

Vibrational analysis of a coal pulverising mill.

ENG 140Y-0401

ENG 140Y-0401

extract of Miss Mary Gilberts journal

extract of Miss Mary Gilberts journal

An Atlanta anthology

An Atlanta anthology

Modern Britain, 1870-1950.

Modern Britain, 1870-1950.

Design and decision support systems in architecture

Design and decision support systems in architecture

Elephants

Elephants

humanistic value of archaeology ...

humanistic value of archaeology ...

The doctor and the damned

The doctor and the damned

The irrational knot

The irrational knot

Local rules

Local rules

Some evidence on the relationship between politics and inflation by Jeffrey L. Smith Download PDF EPUB FB2

Chapter 7 tackles the inflation and politics in U.K., while Chapter 8 covers the political causes and effects of Argentine inflammation. The last chapter deals with inflation and democratic transition in Spain. The book will be of great use to economists, political scientists, and individuals concerned with the global economy.

relationship between politics and inflation. Section 2 describes the data. Section 3 estimates the inflation/politics relationship. Section 4 displays plots of estimated inflation on investment and builds a priori reasoning as to what the empirical results should be. Section 5 estimates theFile Size: KB.

The Politics of Inflation* - Volume 10 Issue 2 - Michael Parkin. ‘INFLATION IS ALWAYS AND EVERYWHERE A MONETARY PHENOMENON resulting from and accompanied by a rise in the quantity of money relative to output.’ ‘We face a new inflationary by: Macroeconomics and Politics * 17 policy, and, as pointed out by Rogoff (), an inflation averse Central Banker could reduce the inflationary bias in policymaking.

Based upon the available empirical evidence, this paper argues tentatively that indepen- dent Central Banks have been associated with a lower average inflation rate. econometric techniques, might provide more accurate estimations of the relationships between inflation levels and political instability.

Relying upon the theoretical literature and using a dataset covering around countries for the period –99, we investigate the main economic and political determinants of inflation.

While the CPI is usually considered the most reliable estimate of inflation, some economists have questioned whether it overstates inflationary trends. Inflation results from an increase in the amount of circulating currency beyond the needs of trade; an oversupply of currency is created, and, in accordance with the law of supply and demand, the value of money decreases.

Some Empirical Evidence Several authors have studied the relationship between inflation and stock returns, for example, Nelson (), Fama (), Pindyck (), Kaul (), Boudoukh and Richardson(). Others have studied tile relation- ship between stock prices and the velocity of circulation, for example, Fried- man ().Cited by: 1.

Gallagher and Taylor (a,b) showed that stock prices were negatively correlated to inflation via supply shocks, but did not find any evidence of relationship between stocks prices and inflation. Downloadable. Corruption, which is defined as the illegal and benefit-oriented usage of public power, is a fact that has an impact on the macro-economic performance of economy in the scope of cause and effect.

Within this framework, there is a strong cause and effect interaction between inflation, an important economic parameter, and corruption.

relationship between inflation and long-run growth is linear; non-linear; casual or non-existent2. In Fiji’s case, studies by Dewan et al () and Dewan & Hussein () revealed some insights into the inflation growth relationship. Dewan et al () found that changes in the difference between actual.

The Phillips curve is the relationship between inflation, which affects the price level aspect of aggregate demand, and unemployment, which is dependent on. Thus, under discretionary policy-making, money growth and inflation will be lower in more open economies. After presenting a simple theoretical model demonstrating this prediction of the theory, the paper examines the link between openness and inflation using cross-country data.

The data reveal a strong negative link between openness and inflation. Relationship Between Inflation and Government The relationship between inflation and the government’s stance on the issue is filled with obscurity and confusion.

There have been many conjectures which state that the government is the people’s ally against inflation. The estimates confirm the strong relationship between money and inflation when M1 is used, with no evidence of a structural change. The book also details the politics of inflation in the U.S.

and the inflation policy in Germany. Chapter 7 tackles the inflation and politics in U.K., while Chapter 8 covers the political causes and effects of Argentine inflammation. The last chapter deals with inflation and democratic transition in Edition: 1.

This paper focuses on exploring the relationship between inflation and economic growth in Saudi Arabia. The real growth of non-oil measure is used as a dependent variable, whereas wholesale price is implemented as a proxy for inflation. This study covers the period of The short and long-run relationships are estimated using co-integration : Abdulaziz Hamad Algaeed.

The Granger method is used to test the causality between two variables. The working hypothesis is that groups of countries with a similar political and economic background in and are likely to be characterized by the same causal relationship between inflation and inflation uncertainty.

Empirical results partially confirm this by: 2. The Dynamic Relationship Between Corruption–Inflation: Evidence From Panel Vector Autoregression "The Dynamic Relationship Between Corruption–Inflation: Evidence From Panel Vector Autoregression," The Japanese Economic Review L., "Country-level investments and the effect of corruption -- some empirical evidence," International Cited by: 5.

A unique feature of the book is the evidence presented that a moderate degree of inflation is usually accompanied by increased economic activity. Contrary to the views of many, moderate inflation appears to be welcomed by most people and assists in returning incumbent political leaders to by: 3.

Supports thesis with appropriate evidence from all or all but one document. For 2 points: • Specific and accurate evidence of a relationship between gender and politics must be explicitly drawn from a minimum of nine documents. • A document that is simply listed does not count as using the document as evidence.

For 1 point:File Size: 5MB. empirical relationship between budget deficits and inflation based on CPI, and to find empirical evidence of sources of inflation in Pakistan, considering data from to The main source of data has been the State Bank of Pakistan and the Federal Bureau of Statistics.

Univariate analysis along with simple statistical analysisFile Size: KB. Over time, the growth in GDP causes inflation, and inflation, if left unchecked, runs the risk of morphing into hyperinflation.

Once this process is in place, it can quickly become a self.This paper focuses on exploring the relationship between inflation and economic growth in Saudi Arabia. The real growth of non-oil measure is used as a dependent variable, whereas wholesale price is implemented as a proxy for inflation.

This study covers the period of The short and long-run relationships are estimated using co-integration : Abdulaziz Hamad Algaeed.