Inflation in Pakistan : : Money or Wheat? / / Mohsin Khan, Axel Schimmelpfennig
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| Autore: |
Khan Mohsin
|
| Titolo: |
Inflation in Pakistan : : Money or Wheat? / / Mohsin Khan, Axel Schimmelpfennig
|
| Pubblicazione: | Washington, D.C. : , : International Monetary Fund, , 2006 |
| Edizione: | 1st ed. |
| Descrizione fisica: | 1 online resource (28 p.) |
| Soggetto topico: | Inflation (Finance) - Pakistan - Econometric models |
| Finance - Pakistan - Econometric models | |
| Agricultural prices | |
| Agriculture: Aggregate Supply and Demand Analysis | |
| Consumer price indexes | |
| Deflation | |
| Inflation | |
| Macroeconomics | |
| Monetary base | |
| Monetary economics | |
| Monetary Policy, Central Banking, and the Supply of Money and Credit: General | |
| Money and Monetary Policy | |
| Money supply | |
| Price incentives | |
| Price indexes | |
| Price Level | |
| Prices | |
| Soggetto geografico: | Pakistan |
| Altri autori: |
SchimmelpfennigAxel
|
| Note generali: | "March 2006." |
| Nota di bibliografia: | Includes bibliographical references. |
| Nota di contenuto: | ""Contents""; ""I. INTRODUCTION""; ""II. BASIC ELEMENTS OF THE MODEL""; ""III. EMPIRICAL RESULTS""; ""IV. WHY WORRY ABOUT INFLATION?""; ""V. SUMMARY AND CONCLUSIONS""; ""References"" |
| Sommario/riassunto: | This paper examines the relative importance of monetary factors and structuralist supply-side factors for inflation in Pakistan. A stylized inflation model is specified that includes standard monetary variables (money supply, credit to the private sector), the exchange rate, as well as the wheat support price as a supply-side factor that has received considerable attention in Pakistan. The model is estimated for the period January 1998 to June 2005 on a monthly basis. The results indicate that monetary factors have played a dominant role in recent inflation, affecting inflation with a lag of about one year. Changes in the wheat support price influence inflation in the short run, but not in the long run. Furthermore, the wheat support price matters only over the medium term if accommodated by monetary policy. |
| Titolo autorizzato: | Inflation in Pakistan |
| ISBN: | 9786613829894 |
| 9781462349814 | |
| 1462349811 | |
| 9781452716855 | |
| 1452716854 | |
| 9781283517447 | |
| 1283517442 | |
| 9781451908565 | |
| 1451908563 | |
| Formato: | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione: | Inglese |
| Record Nr.: | 9910968750903321 |
| Lo trovi qui: | Univ. Federico II |
| Opac: | Controlla la disponibilità qui |
Serie:
IMF Working Papers; Working Paper ; ; No. 2006/060