Abstract this paper examines the effect of inflation and economic growth on unemployment in sri lanka for the period 19902012. Journal of international money and finance 9 455469. Advertising and market structure in the us mutual fund industry. Inflation expectations surveys often miss the mark. International journal of current research, ijcr is an international double blinded referred and peerviewed monthly online academic research journal in all the streams. Journal of economics and sustainable development 57 145154. Inflation and financial statement analysis in the international accounting classroom. This article provides an exercise for students to contemplate the effects of inflation during financial statement analysis. Inflows of remittances to india have experienced a sharp rise in recent years. International journal of academic research in accounting, finance and management sciences vol. Business and economics journal open access journals. Timeseries data for the period 1990 2011 were used to examine the impact of inflation on economic growth. For conducting the study, and achieving results, a multiple linear regression model with the least squares regression is used.
This chapter analysis the literature on monetary policy tools and inflation. These include, but are not limited to the following. The economic journal, volume 71, issue 284, 1 december 1961, pages 787789. Analysis of effect and causality article pdf available january. Journal of international economics vol 123, march 2020. Provide a journal that reports research on topics that are of international significance across educational contexts. The journal of international economics is intended to serve as the primary outlet for theoretical and empirical research in all areas of international economics. International journal of business and social science vol. The impact of exchange rate volatility on inflation targeting monetary. A replication study of hartwig journal of health economics, 2008 by akinwande atanda and w. Inflation pressures and monetary policy in global economy. Monetary policy tools and inflation in kenya nathan m. The relationship between inflation and unemployment.
We would all be better off, and citizens of many developing countries would be much better off, if public life were conducted within institutions that were fair, judicious, transparent, accountable, participatory. International journal of central banking 3 4, 23 76. The relationship between inflation, money supply and economic growth in ethiopia. A general notion in the framework is that an array of government policies. Inflation hedging with international equities the journal. Analysis of the effect of inflation, interest rates, and exchange rates on gross domestic product gdp in indonesia. The relationship between inflation, money supply and economic. Discussion of fiscal policy and the inflation target international journal of central banking, june 2014, 97102. Existing research discards domestic equities as an inflation hedge, yet. Impact of inflation and economic growth on unemployment in sri lanka.
During 19801985 the average highest rate of inflation, 27. June 2014 261 study on the impact of inflation on the stock market in china zhongqiang bai school of management shanghai university of engineering science china abstract. Welcome to ijcr international journal of current research. Causes, costs, and current status congressional research service 1 introduction inflationthe general rise in the prices of goods and servicesis one of the differentiating. The main purpose of this study is to investigate inflation rate and its impact on the growth rate or to gdp growth for eurozone countries, using panel data for the period 19972017, on an annual basis with a total of 257 observations. The decline in real output that these activities produce will, in general, lead to rises in. An empirical analysis fatukasi bayo department of economics adekunle ajasin university, akungbaakoko abstract. International journal of central banking 1 1, 3 179. It evaluates studies and research papers done on both monetary policies and inflation. Pdf the inflationgrowth linkage has been on the front burner of academic discourses.
Annual average rates of inflation were low, in a single digit, at about 4. Business and economics journal is a scholarly open access journal that caters to a vast sections of the professionals who are economists, policy makers, entrepreneurs, managers of middle and higher management level, academicians and researchers of the business and management studies and the students that pursue business and economics as core. This page provides links to the official government inflation web page for most countries whenever possible. Even small amounts of inflation accumulating over time can grow to distort a companys reported financial position and results of operations. Country characteristics, journal of international money and finance, 307, 1471. The impact of inflation on unemployment would also be critically investigated in the current study. Simply put, inflation depicts an economic situation where there is a general rise. Robertson, inflation, the economic journal, volume 71. Pdf international journal of economics and financial. It particularly fosters quantitative, qualitative and empirical studies, the results of which are of use in the practical field, and thus helps to. Pakistan must need inflation but in single digit for growth because too fast a growth rate may also accelerate the inflation rate. When the value of aggregate demand exceeds the value of aggregate supply at the full employment level, the inflationary gap arises. The journal of development economics usually does not publish articles that are indepth studies of a specific country, region, case, or event.
Pdf research on the impact of interest rate liberalization on profitability of the security industry lai ying. The journal of development economics publishes original research papers relating to all aspects of economic development from immediate policy concerns to structural problems of underdevelopment. The journal of international economics is intended to serve as the primary outlet for theoretical. The relationship between inflation, money supply and. The policy of inflation targeting is a monetary regime that is inflation. November 1991 journal of international economics alex mourmouras import duties and inflation taxes generate significant tax revenues for many developing nations. The rise in inflation volatility of the late 1970s and the subsequent fall of the 1980s is country specific for the uk, canada, and, to a lesser extent, the united states, italy, and japan. To achieve this objective, secondary data has been taken from central bank annual reports for the. Preliminary analysis and outlook, with joshua hausman replication materials zip brookings papers on economic activity, spring 2014. Co integration and causality analysis fitsum sharew denbel, yilkal wassie ayen and teshome adugna regasa phd. Inflation can be defined as a sustained or continuous rise in the general price level or. Treatment of inflation in retirement planning calculations. This must be separated from a situation of one off rise in the price level.
Therefore inflation exists in different economies differently. Frenkel discusses the relation between domestic monetary instability, inflation, and the international value of the dollar. Inflation is one of the most frequently used terms in economic discussions, yet the concept is variously misconstrued. Instructions for authors the journal accepts online submissions of original work that is not under consideration by any other journal or publication outlet. Inflation in emerging and developing economies open knowledge. The international journal of educational research publishes research manuscripts in the field of education.
The impact of exchange rate volatility on inflation targeting monetary policy in emerging and advanced economies helena glebocki keefe first published. This paper seeks to empirically examine the sources of inflation in india. Journal of international money and finance10 1 1648. Core consumer inflation focuses on the underlying and persistent trends in inflation by excluding prices set by. To order reprints of this article, please contact dewey palmieri at dpalmieriat or 2122243675. Pdf this paper surveys the existing literature on the relationship between inflation and economic growth in. International journal of social economics emerald insight. During the period 1861 to 1865, prices in terms of u. For example, if the base year cpi is 100 and the current cpi is 110, inflation is 10 percent over the period. Journal inflation, hyperinflation, adjustment lags. Therefore inflation in economy exists everywhere and it would be a proper research objective for investigation.
Remittances have also emerged as a more important and stable source of foreign exchange inflow compared to official development assistance, foreign direct investment or. Analysis of the effect of inflation, interest rates, and. Abstract in his 2008 journal of health economics paper, jochen hartwig claimed that baumols cost disease bcd theory could explain observed increases in health care expenditures in oecd. This should provide the official inflation or consumer price index information for that particular country. Figure 1 phillips curve in the future, using a thesis of a strong correlation between wage growth and prices, this pattern was transformed into a relationship between unemployment and price levels inflation 14. The aggregate price level must show a tendency of a sustained and continous rise over different time periods. Study on the impact of inflation on the stock market in china. An empirical analysis fatukasi bayo department of economics adekunle ajasin university, akungbaakoko abstract this study investigates the determinants of inflation in nigeria between 1981 and 2003. There are various schools of thought on inflation, but there is a consensus among economists that inflation is a continuous rise in the prices. Journal of economics and economic education research, volume 3, number 1, 2002 competitiveness imports are all impacted by longterm movements in exchange rates, hence international investorscompanies usually have to pay very close attention to countries inflation. Core consumer inflation focuses on the underlying and persistent trends in. As it is known in economics, inflation is an indirect tax by the government due to an increase in the amount of money in circulation that erodes the purchasing power of the initial currency in the. International journal of economics and financial issues vol 6 issue 2 2016. However, the relations between inflation and growth.
Effect of inflation on the growth and development of the. International journal of humanities and social science vol. The inflation rate for federal currency also was high. International journal of educational research elsevier.
Work must be of a quality and context that the editorial board think would be of interest to an international readership. Motivated by this controversial, this study examined the impact of inflation on economic growth and established the existence of inflation growth relationship. His practice was marked by a large, observed at the beginning of the 90s and 2000, stability a. The impact of inflation on economic growth international. Inflation hedging with international equities maximilian rodel the journal of portfolio management jan 2014, 40 2 4153. International journal of scientific and research publications, volume 6, issue 1, january 2016 556 issn 22503153. Timeseries data for the period 1990 2011 were used to examine the impact of. Mutwiri school of business, kenyatta university, kenya, email. Pdf international journal of economics and financial issues. Second, the rise in the aggregate level of prices must be continous for inflation to be said to have occurred. How can public education spending affects moroccan and tunisian gdp per capita. The emphasis is on quantitative or analytical work, which is novel and relevant.
International journal of economics and financial issues dynamics of inflation and manufacturing sector performance in nigeria. Description impact factor abstracting and indexing editorial board guide for authors p. Impact of inflation and economic growth on unemployment in. My empirical implementations of this approach include barro 1991, 1996. Journal treatment of inflation in retirement planning.