Rezultati pretrage

This study focuses on: (1) finding the causes of inflation which follows the inflation theories such as Demand-Pull, Cost-Push and Structural inflation.(2) measuring the degree of inflation persistence in order to evaluate the ability of monetary policies to control inflation. Engle- Granger test and the Autoregressive Distributed Lag are applied to analyze the response of inflation to its determinants. The Grid bootstrap Method and Impulse Response Functions measure the inflation persistence. The results suggest that controlling the money supp...

Hrčak ID: 247282

PDF (Engleski, 839 KB)

eng Theoretical Base of Monetary Policy Transparency

D. Kruskovic, Borivoje

Zagreb International Review of Economics & Business Vol. 14, No. 1, 2011

Transparency is most often defi ned as the absence of asymmetrical information between fi nancial markets and monetary policy makers. There are different views on the central bank transparency (Assuring, Exacting, Irrelevance, Conditional, Disturbing and Diverting view). The examination of the central bank transparency is actually the examination of the effects of infl ation targeting.

Hrčak ID: 78741

PDF (Engleski, 123 KB)

eng An evaluation of the effectiveness of an inflation targeting strategy in Turkey

Eroglu, İlhan; Çınar, Mehmet; Eroglu, Nadir

Economic research - Ekonomska istraživanja Vol. 30, No. 1, 2017

In this research, the performance of inflation targeting strategy was analysed using the least square method (LSM) with the regression model for economic circumstances in Turkey. The results of this research can be summarised as follows: (1) Inflation targeting regime has a weak positive effect on inflation rate performance; (2) There is no significant relationship between inflation targeting regime and growth rate; (3) There is a positive but a weak relationship between inflation targeting regime and exchange rate performance; and (4)...

Hrčak ID: 193198

PDF (Engleski, 1439 KB)

hrv Učinci uvođenja eura na kretanje potrošačkih cijena i percepcije inflacije: pregled dosadašnjih iskustava i ocjena mogućih učinaka u Hrvatskoj

eng Effects of the Adoption of the Euro on Consumer Prices and Inflation Perceptions: An Overview of Experiences and Assessment of the Possible Impact in Croatia

Pufnik, Andreja

Privredna kretanja i ekonomska politika Vol. 27, No. 1 (142), 2018

Rezultati brojnih istraživanja pokazuju da je učinak konverzije nacionalnih valuta u euro na rast potrošačkih cijena u zemljama europodručja u pravilu bio blag i jednokratan. Nešto izrazitiji rast cijena zbog konverzije zabilježen je kod manjeg dijela proizvoda, pretežno uslužnog sektora kao što su, primjerice, usluge u restoranima i kafićima. U skladu sa spomenutim iskustvima, očekuje se da će učinak konverzije kune u euro na povećanje ukupne razine potrošačkih cijena u Hrvatskoj biti blag. U radu se, osim toga, razmatraju glavne determinante...

Hrčak ID: 208249

PDF (Hrvatski, 563 KB)

eng The anchoring of inflation expectations in time and frequency domains

Xu, Yingying

Economic research - Ekonomska istraživanja Vol. 32, No. 1, 2019

This paper introduces wavelet analysis as a tool for investigating the anchoring of inflation expectations in the United States. We show that the anchoring of inflation expectations varies for different groups of economic agents and changes across time and frequency. For consumers, we confirm significant lead-lag relationships between short- and long-term inflation expectations at medium frequencies of one to four years of scale, thus suggesting that short-term inflation expectations had fed into long-term inflation expectations over the crisis...

Hrčak ID: 228890

PDF (Engleski, 1931 KB)

hrv KORUPCIJA I INFLACIJA U TRANZICIJSKIM ZEMLJAMA EU-a

eng CORRUPTION AND INFLATION IN TRANSITION EU MEMBER COUNTRIES

Piplica, Damir

Ekonomska misao i praksa Vol. 20, No. 2, 2011

Cilj ovog rada je istražiti utjecaj korupcije na inflaciju u Europskoj Uniji u posebnim uvjetima tranzicije u kojoj gospodarstava prelaze iz socijalizma u moderno poduzetničko društvo. Za mjerenje korupcije u zemljama uključenim u studiju koristili smo indeks percepcije korupcije, a inflaciju smo mjerili indeksom potrošačkih cijena. Istraživanje nije moglo biti napravljeno u okviru administrativne kontrole cijena jer to ne bi dalo prave rezultate. Stoga uspjeh pretpostavki na kojima se temelji ovo istraživanje je na određenoj razini liberalizac...

Hrčak ID: 75568

PDF (Engleski, 585 KB)

eng Cointegration Approach to Analysing Inflation in Croatia

Malešević-Perović, Lena

Financial theory and practice Vol. 33, No. 2, 2009

The aim of this paper is to analyse the determinants of inflation in Croatia in the period 1994:6-2006:6. We use a cointegration approach and find that increases in wages positively influence inflation in the long-run. Furthermore, in the period from June 1994 onward, the depreciation of the currency also contributed to inflation. Money does not explain Croatian inflation. This irrelevance of the money supply is consistent with its endogeneity to exchange rate targeting, whereby the money supply is determined by developments in the foreign ex...

Hrčak ID: 39911

PDF (Engleski, 333 KB)

eng NET PRESENT VALUE CALCULATION: REAL LIFE APPROACH

Karpati, Laszlo

DIEM Vol. 4, No. 1, 2019

Net Present Value (and IRR) is calculation considered as the most widely accepted measures of investment’s financial evaluation. Both methods apply long-term cashflows for 5 to 15 years ahead. During that period inflation certainly has an effect on both cash inflow and outflow figures. Litereture often does not take into account the inflation or suggest a simplified inflation-corrected calculation method. Author proves that it is not appropriate in case of long-term physical investments. A new method: life-long financial simulation is suggested...

Hrčak ID: 228709

PDF (Engleski, 231 KB)

eng UNCERTAINTY AND DISAGREEMENT IN INFLATION FORECASTING

Radovanov, Boris; Marcikić, Aleksandra

Ekonomska misao i praksa Vol. 20, No. 1, 2011

This paper tries to explain how the new adopted strategy of inflation targeting can help in improvement of inflation forecasting accuracy comparing with the price maker’s and consumer’s inflation expectations. For the further analysis authors use well known univariate time series models and structural models. However, the same model can produce the opposite results according to the methodology of involved inflation indicator. Therefore, this paper uses compared analysis for two separated inflation indicators, the core inflation and the consumer...

Hrčak ID: 69673

PDF (Engleski, 278 KB)

eng An Analysis of Relationship between Remittances and Inflation in Pakistan

Nisar, Anum; Tufail, Saira

Zagreb International Review of Economics & Business Vol. 16, No. 2, 2013

Remittances play a signifi cant role in the economic development of recipient economy through different micro and macroeconomic channels. However, the adverse impact of remittances in the form of Dutch disease and infl ation cannot be overlooked. This study aims to examine the impact of remittance on infl ation and its different categories, namely, food infl ation, footwear and textile infl ation, housing and construction infl ation. Accordingly, four vectors have been formulized to capture the determinants of overall infl ation and its d...

Hrčak ID: 110094

PDF (Engleski, 256 KB)

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