Monetary shifts and co-movements in spending, growth, and inflation: Evidence from developing and advanced countries
Using annual data, the paper studies the time-series evidence regarding the allocation of monetary growth shifts between demand components, real growth and price inflation in a sample of developing and advanced countries. The evidence reveals patterns of interaction between demand shifts and the rea...
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doaj-f050a1567b1a454d85a4fb0de6469d0e2020-11-25T01:28:16ZengElsevierBorsa Istanbul Review2214-84502015-06-01152769210.1016/j.bir.2015.02.001Monetary shifts and co-movements in spending, growth, and inflation: Evidence from developing and advanced countriesMagda KandilUsing annual data, the paper studies the time-series evidence regarding the allocation of monetary growth shifts between demand components, real growth and price inflation in a sample of developing and advanced countries. The evidence reveals patterns of interaction between demand shifts and the real and inflationary effects of monetary policy. These patterns provide sharp differences in the distribution of monetary shocks across economic variables in developing and advanced countries. The paper evaluates the evidence and draws policy implications regarding potential constraints on monetary policy.http://www.sciencedirect.com/science/article/pii/S2214845015000113Monetary growthDemand compositionReal growthPrice inflation |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Magda Kandil |
spellingShingle |
Magda Kandil Monetary shifts and co-movements in spending, growth, and inflation: Evidence from developing and advanced countries Borsa Istanbul Review Monetary growth Demand composition Real growth Price inflation |
author_facet |
Magda Kandil |
author_sort |
Magda Kandil |
title |
Monetary shifts and co-movements in spending, growth, and inflation: Evidence from developing and advanced countries |
title_short |
Monetary shifts and co-movements in spending, growth, and inflation: Evidence from developing and advanced countries |
title_full |
Monetary shifts and co-movements in spending, growth, and inflation: Evidence from developing and advanced countries |
title_fullStr |
Monetary shifts and co-movements in spending, growth, and inflation: Evidence from developing and advanced countries |
title_full_unstemmed |
Monetary shifts and co-movements in spending, growth, and inflation: Evidence from developing and advanced countries |
title_sort |
monetary shifts and co-movements in spending, growth, and inflation: evidence from developing and advanced countries |
publisher |
Elsevier |
series |
Borsa Istanbul Review |
issn |
2214-8450 |
publishDate |
2015-06-01 |
description |
Using annual data, the paper studies the time-series evidence regarding the allocation of monetary growth shifts between demand components, real growth and price inflation in a sample of developing and advanced countries. The evidence reveals patterns of interaction between demand shifts and the real and inflationary effects of monetary policy. These patterns provide sharp differences in the distribution of monetary shocks across economic variables in developing and advanced countries. The paper evaluates the evidence and draws policy implications regarding potential constraints on monetary policy. |
topic |
Monetary growth Demand composition Real growth Price inflation |
url |
http://www.sciencedirect.com/science/article/pii/S2214845015000113 |
work_keys_str_mv |
AT magdakandil monetaryshiftsandcomovementsinspendinggrowthandinflationevidencefromdevelopingandadvancedcountries |
_version_ |
1725102747701739520 |