Commodity prices and inflation
Article Abstract:
An empirical study of the link between variations in commodity prices and inflation is conducted with the use of non-oil commodity prices as sole determinants of inflation and together with other popular determinants. The relationship varied greatly over the years which only reinforced the volatility of the market. In the 1970s and early 80s, non-oil commodities were consistent and statistically reliable indicators of inflation, but after the early 80s they became weak determinants. However, non-oil commodity prices are more reliable indicators compared to others.
Publication Name: Economic Review (San Francisco)
Subject: Government
ISSN: 0363-0021
Year: 1996
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Growth and inflation: a cross-country study
Article Abstract:
A correlation was established between inflation and real growth of a country. A cross-country analysis covering a 30-year period revealed that real gross domestic product per head growth rate during 1970s and 1980s would have risen between 0.1% to 0.5% if inflation was reduced by 5%. On the other hand, failure to lessen higher inflation rates would result in lower real growth rates.
Publication Name: Economic Review (San Francisco)
Subject: Government
ISSN: 0363-0021
Year: 1998
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Economic activity and inflation
Article Abstract:
Aspects of inflation and its relationship to economic activity are discussed, including the relationship of wages and unemployment as examined by A.W. Phillips, and related theories of Keynesian economics.
Publication Name: Economic Review (San Francisco)
Subject: Government
ISSN: 0363-0021
Year: 2000
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