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Information Journal Paper

Title

ON CLARIFYING THE THEORETICAL AND EMPIRICAL BASES OF INFLATION ADJUSTMENT PROCESS BY THE P*MODEL

Author(s)

 SADEGHI RAHMAT | ZAMANI ZIBA

Pages

  1-18

Keywords

INFLATION) P* MODEL) OUTPUT GAP) VELOCITY GAP) PRICE GAPQ4

Abstract

 Inflation is, nowadays, one of the greatest and most basic economic problem of all countries. Inflation rate, along with high fluctuations brings about undesirable effects on economic development as well as social justice. Thus, a large proportion of economic literature is devoted to presenting and clarifyingmodels for predicting inflation. Due to the variety of subjects cousing inflation, one can say that in most of the researches conducted, the emphasis has been put upon momentary inflation. This paper introduces one of the most recent models preducting and clarifying inflation, namely P*. Along with explicating the theoretical bases of inflation, in this article the standard and extended p* model is presented. Although the model is no more than 10 years old, it has been empirically experimented in marty countries.A review of those experiments and their outcomes shows that the model has been appropriate enough to predict and clarify inflation.

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    APA: Copy

    KOMIJANI, AKBAR, & KAZEMI, A.. (2000). ON CLARIFYING THE THEORETICAL AND EMPIRICAL BASES OF INFLATION ADJUSTMENT PROCESS BY THE P*MODEL. MODARRES HUMAN SCIENCES, 4(1(Tome 14)), 1-18. SID. https://sid.ir/paper/7101/en

    Vancouver: Copy

    KOMIJANI AKBAR, KAZEMI A.. ON CLARIFYING THE THEORETICAL AND EMPIRICAL BASES OF INFLATION ADJUSTMENT PROCESS BY THE P*MODEL. MODARRES HUMAN SCIENCES[Internet]. 2000;4(1(Tome 14)):1-18. Available from: https://sid.ir/paper/7101/en

    IEEE: Copy

    AKBAR KOMIJANI, and A. KAZEMI, “ON CLARIFYING THE THEORETICAL AND EMPIRICAL BASES OF INFLATION ADJUSTMENT PROCESS BY THE P*MODEL,” MODARRES HUMAN SCIENCES, vol. 4, no. 1(Tome 14), pp. 1–18, 2000, [Online]. Available: https://sid.ir/paper/7101/en

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