Last edited by Toshakar
Wednesday, July 29, 2020 | History

1 edition of International evidence on tradables and nontradables inflation. found in the catalog.

International evidence on tradables and nontradables inflation.

International evidence on tradables and nontradables inflation.

  • 239 Want to read
  • 6 Currently reading

Published by International Monetary Fund in Washington, D.C .
Written in English


Edition Notes

Includes bibliographical references.

SeriesIMF working paper -- WP/94/33
ContributionsInternational Monetary Fund.
The Physical Object
Pagination25 p. ;
Number of Pages25
ID Numbers
Open LibraryOL16175094M

International Evidence on Tradables and Nontradables Inflation Jose De Gregorio, Alberto Giovannini and Holger C. Wolf Hysteresis in Perspective: A Discussion of Dixit's "Hysteresis and the Durations of the J-Curve," David Backus Higher Education in . This paper investigates the effects of exchange rate regimes and alternative monetary policy rules for an emerging market economy that is subject to a volatile external environment in the form of shocks to world interest rates and the terms of trade. In particular, we highlight the impact of financial frictions and the degree of exchange rate pass through in determining the relative.

by Jose De Gregorio; International evidence on tradables and nontradables inflation by De Gregorio, Jose & Giovannini, Alberto & Wolf, Holger C. The Relative Richness of the Poor? Natural Resources, Human Capital and Economic Growth by Claudio Bravo-Ortega & Jose De Gregorio;.   Hargreaves, David and Brook, Anne-Marie, A Macroeconomic Balance Measure of New Zealand's Equilibrium Exchange Rate (). Reserve Bank of New Zealand Working Paper No. DP/ International Evidence on Tradables and Nontradables by:

non-tradable inflation. Is Wheeler's OCR too tight? 14th am. by Bernard Hickey. Bernard Hickey looks at whether the Reserve Bank Governor is running monetary policy too tight and how long before he decides surprisingly low inflation is actually structural rather than cyclical. Demand for tradables and nontradables is determined by the real exchange rate and the level of real assets. Demand for both tradables and nontradables is positively affected by the asset level whereas real depreciation reduces the domestic demand for tradables and increases the demand for nontradables, which is shown in Equations 5 and Size: 86KB.


Share this book
You might also like
Evaluation of peak-flow data network of small streams in Missouri

Evaluation of peak-flow data network of small streams in Missouri

United Nations Special Committee on Peace-keeping Operations: status and prospects

United Nations Special Committee on Peace-keeping Operations: status and prospects

account of the mechanism of an automaton, or image playing on the German-flute

account of the mechanism of an automaton, or image playing on the German-flute

Introduction to New Testament textual criticism

Introduction to New Testament textual criticism

DeClerk, Schmidt & related families of Randolph County, Arkansas

DeClerk, Schmidt & related families of Randolph County, Arkansas

Cinderella Arabic

Cinderella Arabic

profile of the Nigerian educational system and policy options for improved educational development for rapid economic growth and development

profile of the Nigerian educational system and policy options for improved educational development for rapid economic growth and development

Flower, moon, snow

Flower, moon, snow

Encyclopaedia of Islam. New Edition, Index to Volumes 1-6 and to the Supplements, Fascicules 1-6

Encyclopaedia of Islam. New Edition, Index to Volumes 1-6 and to the Supplements, Fascicules 1-6

problem of God

problem of God

Highlights of Equine 98 study results

Highlights of Equine 98 study results

An exposition of the XXXIX articles of the Church of England. Written by Gilbert Bishop of Sarum

An exposition of the XXXIX articles of the Church of England. Written by Gilbert Bishop of Sarum

A study of the Io-associated plasma and neutral sodium cloud

A study of the Io-associated plasma and neutral sodium cloud

International evidence on tradables and nontradables inflation Download PDF EPUB FB2

Given the world real interest rate R and given the price of tradables Py, the productivity increase is matched by a real wage increase that keeps the marginal cost of tradables constant but increases the marginal cost, and hence the price, of by: Using sectoral data for the OECD we find that inflation in nontradable good exceeds inflation in tradables.

We identify a demand shift towards nontradables and faster growth of total factor productivity in the tradable goods sector as the prime causes of the differential inflation.

In addition, disinflation attempts and the exchange rate regime appear to have exerted significant. NBER Program(s):International Finance and Macroeconomics Using sectoral data for the OECD we find that inflation in nontradable goods is higher than in tradables, We identify a demand shift towards nontradables and faster growth of total factor productivity in the tradable goods sector as the prime causes of higher nontradables by: Using sectoral data for the OECD we find that inflation in nontradable good exceeds inflation in tradables.

We identify a demand shift towards nontradables and faster growth of total factor productivity in the tradable goods sector as the prime causes of the differential inflation. Abstract. Using sectoral data for the OECD we find that inflation in nontradable goods is higher than in tradables, We identify a demand shift towards nontradables and faster growth of total factor productivity in the tradable goods sector as the prime causes of higher nontradables by: Using sectoral data for the OECD we find that inflation in nontradable goods is higher than in tradables, We identify a demand shift towards nontradables and faster growth of total factor productivity in the tradable goods sector as the prime causes of higher nontradables inflation.

Using sectoral data for the OECD we find that inflation in nontradable good exceeds inflation in tradables. We identify a demand shift towards nontradables and faster growth of total factor productivity in the tradable goods sector as the prime causes of the differential inflation.

In addition, disinflation attempts and the exchange rate regime appear to have exerted significant influence on the relative inflation by: Download PDF: Sorry, we are unable to provide the full text but you may find it at the following location(s): (external link).

But one can disagree on much more. There is no evidence in the paper that 'inflation is primarily driven by nontradables'. There are no regression equations explaining the aggregate inflation rate.

Changes in real exchange rates occur through the delayed adjustment of both T and N by: 5. International Evidence on Tradables and Nontradable Inflation.

Jose De Gregorio and Alberto Giovannini. NoNBER Working Papers from National Bureau of Economic Research, Inc Abstract: Using sectoral data for the OECD we find that inflation in nontradable goods is higher than in tradables, We identify a demand shift towards nontradables and faster growth of total factor Cited by: More specifically, our evidence reveals that elasticities of the relative wage and relative price of non-tradables with respect to relative productivity of tradables increase over time.

International evidence on tradables and nontradable inflation. Cambridge, MA: National Bureau of Economic Research, [] (OCoLC) Material Type: Internet resource: Document Type: Book, Internet Resource: All Authors / Contributors: Jose De Gregorio; Holger C Wolf; Alberto Giovannini; National Bureau of Economic Research.

Allow tradables and nontradables to be substitutable, and consider an exogenous shift in consumer tastes toward nontradables. Because of the temporary rigidities in factor mobility the market forAuthor: Hana Brixi. Get this from a library. International Evidenceon Tradables and Nontradables Inflation.

[Holger C Wolf; Jose De Gregorio; Alberto Giovannini; International Monetary Fund.] -- Using sectoral data for the OECD we find that inflation in nontradable good exceeds inflation in tradables.

We identify a demand shift towards nontradables and faster growth of total factor. Reserve Bank of New Zealand: Bulletin, Vol, No. 1 45 Tradables and non-tradables inflation in Australia and New Zealand Andrew Coleman This article presents a detailed comparison of price changes for non-tradable and tradable items in the CPI across Australia.

Comments: International evidence on tradables and nontradables inflation by J. De Gregorio, A. Giovannini and H.C. WolfAuthor: Georges de Menil. INTERNATIONAL EVIDENCE ON TRADABLES AND NONTRADABLES INFLATION ABSTRACT Using sectoral data for the OECD we find that inflation in nontradable goods is higher than in tradables.

We identify a demand shift towards nontradables and faster growth of total factor productivity in the tradable goods Sector as the prime causes of higher nontradables by: the Determinants of Non-tradables Inflation David Jacobs and thomas Williams* Introduction The Reserve Bank’s inflation target is specified in terms of CPI inflation.

However, in understanding and forecasting developments in overall inflation, it can be useful to File Size: KB. This paper presents a macroeconomic model to explain the dynamics of Chilean inflation during The model extends the Australian and Scandinavian open economy models by making a finer distinction between tradables and nontradables and by introducing.

Non-tradable Goods and Deviations Between Purchasing Power Parities and Exchange Rates: Evidence from the European Comparison Project H. `International Evidence on Tradables and Nontradables Inflation’, European Economic Review, vol. 38,pp. – CrossRef Podkaminer L. () Non-tradable Goods and Deviations Cited by: 8.

Wolf, "International Evidence on Tradables and Nontradables Inflation" NBER Working Paper No. Real exchange rates and the Balassa-Samuelson effect revisited In an environment of ever increasing IT-enabled global connectivity, many services have been transformed from nontradables to tradables.IMF Publications by Author.

Browse by Subject: Title: International Evidenceon Tradables and Nontradables Inflation Author: Wolf, C. Holger; Giovannini, Alberto Title: The Behavior of Nontradable Goods Prices in Europe: Evidence and Interpretation Author: De Gregorio.Non-tradables inflation has been higher and more stable than tradables inflation, although both series have cycled around their respective averages.

Graph 1 There is relatively little published analysis of the factors that influence non-tradables inflation in Australia, with more work having focused on the determinants of tradables inflation. [1].