6,062
Views
2
CrossRef citations to date
0
Altmetric
FINANCIAL ECONOMICS

Panel estimating effects of macroeconomic determinants on inflation: Evidence of Western Balkan

ORCID Icon, , & | (Reviewing editor)
Article: 1942601 | Received 28 Mar 2021, Accepted 30 May 2021, Published online: 27 Jun 2021

References

  • Allard, C. (2007, May). Inflation in Poland: How much can globalisation explain? In A. B. Czyzewski, S. Eijffinger, & K. Koedijk (Eds.), Globalisation and monetary policy. Centre for Economic Policy Research.
  • Asiamah, M., Ofori, D., & Afful, J. (2019). Analysis of the determinants of foreign direct investment in Ghana. Journal of Asian Business and Economic Studies, 26(1), 56–13. https://doi.org/10.1108/JABES-08-2018-0057
  • Benhabib, J., & Spiegel, M. M. (2009). Moderate inflation and the deflation–depression link. Journal of Money, Credit, and Banking, 41(4), 787–798. https://doi.org/10.1111/j.1538-4616.2009.00232.x
  • Blanchard, O. J., Dell’Ariccia, G., & Mauro, P. (2010). Rethinking macroeconomic policy. Revista de Economía Institucional, 12(22). Available at SSRN: https://ssrn.com/abstract=1648933
  • Cáceres, L. R., & Saca, N. N. (2006). What do remittances do? Analyzing the private remittance transmission mechanism in El Salvador. International Monetary Fund.
  • Cameron, N., Hum, D., & Simpson, W. (1996). Stylized facts and stylized illusions: Inflation and productivity revisited. The Canadian Journal of Economics/Revue Canadienne D’Economique, 29(1), 152–162. https://doi.org/10.2307/136156
  • Dexter, A. S., Levi, M. D., and Nault, B. R. (2005). International Trade and the Connection between Excess Demand and Inflation. Review of International Economics, 131, 699–708. https://doi.org/10.1111/j.1467-9396.2005.00532.x
  • Dexter, A. S., Levi, M. D., and Nault, B. R. (2005). International Trade and the Connection between Excess Demand and Inflation. Review of International Economics, 13(4), 699–708. https://doi.org/10.1111/j.1467-9396.2005.00532.x
  • Dietmar, M., & Shera, A. (2017). The impact of remittances on economic growth: An econometric model. Economia, 18(2), 147–155. 1517-7580. https://doi.org/10.1016/j.econ.2016.06.001
  • Domec, I., & C, C. E. (1998). The main determinants of inflation in Albania, World Bank Policy Research, working paper 1930. World Bank Policy Research.
  • Durguti, E. A., Gashi, E., Kunoviku, F. D., & Mehmeti, M. (2020). DAF determinants affecting economic growth – evidence for Western Balkans countries. International Journal of Finance & Banking Studies (2147-4486), 9(1), 36–46. https://doi.org/10.20525/ijfbs.v9i1.652
  • Dwivedi, D. N. (2010). Macroeconomics: Theory and policy (4th ed.). Tata Mc Graw Hill.
  • Ferrucci, G., Jiménez-Rodríguez, R., & Onorante, L. (2010). Food price pass-through in the Euro Area - the role of asymmetries and non-linearities (March 25, 2010). ECB Working Paper No. 1168, Available at SSRN: https://ssrn.com/abstract=1578209
  • Fischer, S. (1993). The role of macroeconomic factors in growth. Journal of Monetary Economics, 32(3), 485-512. NBER Working Paper, No. 4565. https://www.nber.org/papers/w4565
  • Ghosh, A., & Phillips, S. (1998). Warning: Inflation may be harmful to your growth, IMF Staff Papers, Vol. 45, No. 4, pp. 672–710. https://www.imf.org/external/Pubs/FT/staffp/1998/12-98/pdf/ghosh.pdf
  • Goodfriend, M., & King, R. (1997). The new neoclassical synthesis and the role of monetary policy. In NBER Macroeconomics Annual 1997, edited by B. Bernanke & J. Rotemberg, 231–283. Cambridge: MIT Press. https://www.journals.uchicago.edu/doi/pdfplus/ 10.1086/654336
  • Goza, F., & Ryabov, I. (2012). Remittance activity among Brazilians in the US and Canada. International Migration (Geneva, Switzerland), 50(4), 157–185. https://doi.org/10.1111/j.1468-2435.2009.00590.x
  • Gylfason, T., (1997). Exports, Inflation, and growth (September 1997). International Monetary Fund - IMF. IMF Working Paper No. 97/119, Available at SSRN: https://ssrn.com/abstract=882657
  • Ha, J., Kose, A. M., & Ohnsorge, F. (2019). Understanding inflation in emerging and developing economies. Policy Research Working Papers. World Bank Group. https://doi.org/10.1596/1813-9450-8761.
  • Kasteli, L., & Glytsos, N. (1986). Theoretical and empirical determinants of international labour mobility: A-Greek-German perspective. Centre for economic policy research, Working Paper 148. Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=148
  • Koop, G. (2008). Analysis of financial data. John Wiley & Sons Ltd.
  • Kremer, S., Bick, A., & Nautz, D. (2013). Inflation and growth: New evidence from a dynamic panel threshold analysis. Empirical Economics, 44(2), 861–878. https://doi.org/10.1007/s00181-012-0553-9
  • Mallik, G., & Chowdhury, A. (2001). Inflation and economic growth: Evidence from South Asian countries. Asian Pacific Development Journal, 8(1).
  • Milenković, N. K., B. Mirović, V., Andrašić, J., & Andrašić, J. (2020). The impact of macroeconomic determinants and tax form on inflation in selected Balkan countries. Serbian Journal of Management, 15(1), 7–18. https://doi.org/10.5937/sjm15-16685
  • Mishkin, F. (2008). Challenges for inflation targeting in emerging market countries. Emerging Markets Finance & Trade, 44(6), 5–16. Retrieved September 4, 2020 https://doi.org/10.2753/REE1540-496X440601
  • Narayan, P. K., Narayan, S., & Mishara, S. (2011). Does remittances induce inflation? Fresh evidence from developing countries. Southern Economic Journal, Southern Economic Association, 13(4), 699–708. September 2005 Available at SSRN https://ssrn.com/abstract=889363
  • Papi, L., & Lim, C. H. (1997). An econometric analysis of the determinants of inflation in Turkey (December 1997). IMF Working Paper No. 97/170, Available at SSRN: https://ssrn.com/abstract=883293
  • Petrovska, M., & Nikolov, M. (2018). The determinants of core inflation in the Republic of Macedonia. Journal of Contemporary Economic and Business Issues, 1857-9108, Ss. Cyril and Methodius University in Skopje, Faculty of Economics, Skopje, 5 (1), 25–34. http://hdl.handle.net/10419/193482
  • Philips, A. W. (1958). The relation between unemployment and the rate of change of money wage rates in the United Kingdom, 1861–1957. Economica, 25(100), 283–299. https://doi.org/10.1111/j.1468-0335.1958.tb00003.x
  • Sahoo, M., & Sethi, N. (2018). The dynamic relationship between export, import, and inflation: Empirical evidence from India. The Indian Economic Journal, 66(3–4), 294–311. https://doi.org/10.1177/0019466220935552
  • Saini, N., & Singhania, M. (2018). Determinants of FDI in developed and developing countries: A quantitative analysis using GMM. Journal of Economic Studies, 45(2), 348–382. https://doi.org/10.1108/JES-07-2016-0138
  • Sidaruski, M. (1967). Rational choice and patterns of growth in a monetary economy. American Economic Review, 57(2), 534–544. https://www.jstor.org/stable/i331577
  • Tuğcu, C., Uzun, A., & Özkök, İ. (2019). The impact of import on inflation: An ARDL analysis for the Turkish economy. Akdeniz İİBF Dergisi, 19(2), 415–426. https://doi.org/10.25294/auiibfd.595213
  • Ulyses Balderas, J., & Nath, H. K. (2008). Inflation and relative price variability in Mexico: The role of remittances. Applied Economics Letters, 15(3), 181–185. https://doi.org/10.1080/13504850600722070