Author: Patrick J. Conway
Publisher:
ISBN:
Category : Former Soviet republics
Languages : en
Pages : 36
Book Description
Sustained Inflation in Response to Price Liberalization
Author: Patrick J. Conway
Publisher:
ISBN:
Category : Former Soviet republics
Languages : en
Pages : 36
Book Description
Publisher:
ISBN:
Category : Former Soviet republics
Languages : en
Pages : 36
Book Description
Sustained inflation in response to price liberatization
Author: Patrick Conway
Publisher:
ISBN:
Category : Inflacion - Union sovietica
Languages : en
Pages : 25
Book Description
Publisher:
ISBN:
Category : Inflacion - Union sovietica
Languages : en
Pages : 25
Book Description
The Distributional Implications of the Impact of Fuel Price Increases on Inflation
Author: Mr. Kangni R Kpodar
Publisher: International Monetary Fund
ISBN: 1616356154
Category : Business & Economics
Languages : en
Pages : 34
Book Description
This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.
Publisher: International Monetary Fund
ISBN: 1616356154
Category : Business & Economics
Languages : en
Pages : 34
Book Description
This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.
Policy Lessons from a Simple Open-economy Model
Author:
Publisher: World Bank Publications
ISBN:
Category : Apertura economica
Languages : en
Pages : 44
Book Description
Publisher: World Bank Publications
ISBN:
Category : Apertura economica
Languages : en
Pages : 44
Book Description
Disinflation in Transition Economies
Author: Marek D?browski
Publisher: Central European University Press
ISBN: 9789639241299
Category : Business & Economics
Languages : en
Pages : 424
Book Description
The authors analyze the dynamics of in Central and Eastern Europe. The volume covers all the key factors of disinflation in transition economies: changes in money supply and money demand; exchange rate policy; currency crisis; fiscal policy; legal status of central banks; monetary policy strategy; changes in relative prices and changes in nominal and real wages.
Publisher: Central European University Press
ISBN: 9789639241299
Category : Business & Economics
Languages : en
Pages : 424
Book Description
The authors analyze the dynamics of in Central and Eastern Europe. The volume covers all the key factors of disinflation in transition economies: changes in money supply and money demand; exchange rate policy; currency crisis; fiscal policy; legal status of central banks; monetary policy strategy; changes in relative prices and changes in nominal and real wages.
Macroeconomic Adjustment to Capital Inflows
Author: Vittorio Corbo
Publisher: World Bank Publications
ISBN:
Category : Capital investments
Languages : en
Pages : 44
Book Description
Publisher: World Bank Publications
ISBN:
Category : Capital investments
Languages : en
Pages : 44
Book Description
Is East Asia Less Open Than North America and the European Economic Community? No
Author: Sumana Dhar
Publisher: World Bank Publications
ISBN:
Category : Asia oriental
Languages : en
Pages : 46
Book Description
Publisher: World Bank Publications
ISBN:
Category : Asia oriental
Languages : en
Pages : 46
Book Description
Crisis, Stabilization and Growth
Author: Patrick J. Conway
Publisher: Springer Science & Business Media
ISBN: 1461515734
Category : Business & Economics
Languages : en
Pages : 366
Book Description
List of Figures. List of Tables. List of Symbols. List of Country Acronyms. Foreword and Acknowledgements. I. The Transition Economies. II. Saving, by Plan and in the Market. III. Considering the Competing Explanations of Transition in Inflation and Economic Growth. IV. The Inflationary Explosion Following Price Liberalization. V. The Crisis Years. VI. Directed Credits and Financial Repression in Belarus. VII. Stabilization in Transition Economies. VIII. Ukraine in the Stabilization Phase. IX. Georgia: from Crisis to Stabilization .. and Then? X. The Fallout of the Russian Financial C.
Publisher: Springer Science & Business Media
ISBN: 1461515734
Category : Business & Economics
Languages : en
Pages : 366
Book Description
List of Figures. List of Tables. List of Symbols. List of Country Acronyms. Foreword and Acknowledgements. I. The Transition Economies. II. Saving, by Plan and in the Market. III. Considering the Competing Explanations of Transition in Inflation and Economic Growth. IV. The Inflationary Explosion Following Price Liberalization. V. The Crisis Years. VI. Directed Credits and Financial Repression in Belarus. VII. Stabilization in Transition Economies. VIII. Ukraine in the Stabilization Phase. IX. Georgia: from Crisis to Stabilization .. and Then? X. The Fallout of the Russian Financial C.
Infrastructure Finance
Author: Anand G. Chandavarkar
Publisher: World Bank Publications
ISBN:
Category : Administracion financiera
Languages : en
Pages : 46
Book Description
Publisher: World Bank Publications
ISBN:
Category : Administracion financiera
Languages : en
Pages : 46
Book Description
Transfers and the Transition from Socialism
Author: Kathie L. Krumm
Publisher: World Bank Publications
ISBN:
Category : Income distribution
Languages : en
Pages : 56
Book Description
Publisher: World Bank Publications
ISBN:
Category : Income distribution
Languages : en
Pages : 56
Book Description