Broadly positive we expect that further improvement

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broadly positive, we expect that further improvement can be achieved with more tightly estimated measures of domestic slack. Ali Anari , James Kolari (2016) -Real interest rate -Nominal interest Source: Federal Reserve Seemingly Unrelated Regression (SUR) -Interest and inflation rates are determined jointly by the Fisher
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Dynamic of interest and inflation rates rate and Bureau of Economic Analysis, St. Louis Fed (Fred -Database) and the U.S. Bureau of Economic Analysis. TP: 1960-2015 method and Wicksell effects. While the Fisher and Wicksell relationships between interest and inflation rates are structural ex ante relationships, the available time series of interest and inflation rates are ex post time series after the full realization of their impacts Islam, R. et al (2017) Determinants of Factors that Affecting Inflation in Malaysia Variables: - inflation - Money supply - Unemployment Rate - Exchange Rate Source: World Development Indicator TP: 1961-2005 (yearly) - Pearson correlation test - regression test - autocorrelation - multicollinearity - Heteroscedasticity - The model proved the negative relationship between inflation and unemployment rate. - Exchange rate also has a negative relationship with inflation. Hachicha, A. and Lean, H.H. (2013) Inflation, inflation uncertainty and output in Tunisia Variables: - Inflation - Inflation uncertainty Source: IMF International Financial Statistics TP: 1988-2011 - GARCH-in-Mean model - Granger-causality test -Recession in economy is essentially due to high inflation uncertainty enhanced by lowering the level of the interest rate of the Central Bank of Tunisia. Pradhan, r.p. et al (20130 The impact of stock market development on inflation and economic growth of 16 Asian countries: A Panel Var approach Variables: - stock market development - inflation - economic growth Source: World Development Indicators database of World Bank and the database of the International Monetary Fund TP: 1988-2012 - Unit-Root Tests - Cointegration Tests - Granger Causality Tests - Various indicators of stock market development, inflation, and economic growth are integrated of order one for the sixteen Asian countries in our panel. - Pedroni’s panel cointegration test confirms the existence of a long run equilibrium relationship among these variables. - Panel Granger causality test confirms existence of a multitude of causal relations
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between the three variables.
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