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What is the purpose of the inflation research paper?
IF SPIRIT IS CORRECTED, THEN WHAT? In order for a matter, related with public dealing ... This paper develops Area-wide Leading Inflation CyclE (ALICE) indicators for euro area headline and core inflation with an aim to provide early signals about turning points in the respective inflation cycle.
How does inflation occur according to a monetarist?
Monetarists agr ee that inflation occurs if money supply grows more than economic growth rates. According to them, inflation is a monetary phenomenon and to deal with it
Why is high inflation bad for the economy?
According to (Fisher, 1993), time periods associated with high inflation tends to hamper economic growth. This since inflation has an adverse effect on the allocation of resources working through a change in relative prices.
How to estimate the relationship between inflation and economic growth?
In this thesis, we estimate the relationship between inflation and economic growth by studying their co-integrated relationship using the error correction model. After estimating this link, we turn to estimate the threshold level of inflation.
Last Update: Oct 2021
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