Determinants of Inflation in Syria During The Period (1990-2010)
published by Tishreen University
in 2015
in Economy
and research's language is
العربية
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Abstract in English
This research investigates the main factors (domestic and foreign) affecting inflation rate in Syria.
Choosing the factors is based on the analysis of the major economic hypothesis concerning inflation determinants such as: excess purchasing power, cost push inflation, foreign inflation.
By using OLS method, we find long run function, and it shows that the excess purchasing power has no significant effect on inflation rate.
The error correction model shows that high cost rate has the biggest effect on inflation rate in the short run.
References used
Boschi, M; Giradi, A. Euro area inflation: long- run determinants and shortrun dynamics, Applied Financial Economics, Taylor and Francis Group, London, Vol 37, 2005
Coibion, O; Gorodnichenko, Y; Wieland, J. The optimal inflation rate in new Keynesian models, NBER working paper No.16093, USA, 2010, p. 5
Vizek, M; Broz, T. Modeling inflation in Croatia, Emerging markets finance and trade, Vol 45, No.6, M E sharpe inc, Newyork, 2009, P. 97