Is the Impact of Digitization on Domestic Inflation Non-Linear? The Case of Emerging Markets
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Svensson, Lars E. O., 1997.
"Inflation forecast targeting: Implementing and monitoring inflation targets,"
European Economic Review, Elsevier, vol. 41(6), pages 1111-1146, June.
- Lars E. O. Svensson, 1996. "Inflation Forecast Targeting: Implementing and Monitoring Inflation Targets," NBER Working Papers 5797, National Bureau of Economic Research, Inc.
- Svensson, Lars E.O., 1997. "Inflation Forecast Targeting: Implementing and Monitoring Inflation Targets," Seminar Papers 615, Stockholm University, Institute for International Economic Studies.
- Svensson, L-E-O, 1996. "Inflation Forecast Targeting : Implementaing and Monitoring Inflation Targets," Papers 615, Stockholm - International Economic Studies.
- Lars E O Svensson, 1996. "Inflation Forecast Targeting: Implementing and Monitoring Inflation Targets," Bank of England working papers 56, Bank of England.
- Svensson, Lars E O, 1996. "Inflation Forecast Targeting: Implementing and Monitoring Inflation Targets," CEPR Discussion Papers 1511, C.E.P.R. Discussion Papers.
- Ghosh, Amit, 2014. "How do openness and exchange-rate regimes affect inflation?," International Review of Economics & Finance, Elsevier, vol. 34(C), pages 190-202.
- Hanif, Muhammad N. & Batool, Irem, 2006. "Openness and Inflation: A Case Study of Pakistan," MPRA Paper 10214, University Library of Munich, Germany.
- Olivier Coibion & Yuriy Gorodnichenko, 2015.
"Is the Phillips Curve Alive and Well after All? Inflation Expectations and the Missing Disinflation,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 7(1), pages 197-232, January.
- Olivier Coibion & Yuriy Gorodnichenko, 2013. "Is The Phillips Curve Alive and Well After All? Inflation Expectations and the Missing Disinflation," NBER Chapters, in: Lessons from the Financial Crisis for Monetary Policy, National Bureau of Economic Research, Inc.
- Olivier Coibion & Yuriy Gorodnichenko, 2013. "Is The Phillips Curve Alive and Well After All? Inflation Expectations and the Missing Disinflation," NBER Working Papers 19598, National Bureau of Economic Research, Inc.
- Kamber, Güneş & Wong, Benjamin, 2020.
"Global factors and trend inflation,"
Journal of International Economics, Elsevier, vol. 122(C).
- Güneş Kamber & Benjamin Wong, 2018. "Global factors and trend inflation," BIS Working Papers 688, Bank for International Settlements.
- Gunes Kamber & Benjamin Wong, 2019. "Global factors and trend inflation," CAMA Working Papers 2019-62, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Güneş Kamber & Benjamin Wong, 2018. "Global Factors and Trend Inflation," Reserve Bank of New Zealand Discussion Paper Series DP2018/01, Reserve Bank of New Zealand.
- Hodrick, Robert J & Prescott, Edward C, 1997.
"Postwar U.S. Business Cycles: An Empirical Investigation,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 29(1), pages 1-16, February.
- Robert J. Hodrick & Edward Prescott, 1981. "Post-War U.S. Business Cycles: An Empirical Investigation," Discussion Papers 451, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Choi, Sangyup & Furceri, Davide & Loungani, Prakash & Mishra, Saurabh & Poplawski-Ribeiro, Marcos, 2018.
"Oil prices and inflation dynamics: Evidence from advanced and developing economies,"
Journal of International Money and Finance, Elsevier, vol. 82(C), pages 71-96.
- Sangyup Choi & Davide Furceri & Prakash Loungani & Saurabh Mishra & Marcos Poplawski-Ribeiro, 2017. "Oil Prices and Inflation Dynamics: Evidence from Advanced and Developing Economies," Working papers 2017rwp-111, Yonsei University, Yonsei Economics Research Institute.
- Sangyup Choi & Davide Furceri & Mr. Prakash Loungani & Mr. Saurabh Mishra & Mr. Marcos Poplawski Ribeiro, 2017. "Oil Prices and Inflation Dynamics: Evidence from Advanced and Developing Economies," IMF Working Papers 2017/196, International Monetary Fund.
- Matteo Ciccarelli & Benoît Mojon, 2010.
"Global Inflation,"
The Review of Economics and Statistics, MIT Press, vol. 92(3), pages 524-535, August.
- Ciccarelli, Matteo & Mojon, Benoît, 2005. "Global inflation," Working Paper Series 537, European Central Bank.
- Flora Budianto & Giovanni Lombardo & Benoit Mojon & Daniel Rees, 2021. "Global reflation ?," BIS Bulletins 43, Bank for International Settlements.
- Ciccarelli, Matteo & Mojon, Benoît, 2006. "Global Inflation," Kiel Working Papers 1337, Kiel Institute for the World Economy (IfW Kiel).
- Matteo Ciccarelli & Benoit Mojon, 2008. "Global inflation," Working Paper Series WP-08-05, Federal Reserve Bank of Chicago.
- Matteo Ciccarelli & Benoît Mojon, 2005. "Global Inflation," Working Papers Central Bank of Chile 357, Central Bank of Chile.
- Stephen G. Hall & George Hondroyiannis & P. A. V. B. Swamy & G. S. Tavlas, 2009.
"The New Keynesian Phillips Curve and Lagged Inflation: A Case of Spurious Correlation?,"
Southern Economic Journal, John Wiley & Sons, vol. 76(2), pages 467-481, October.
- George Hondroyiannis & P.A.V.B. Swamy & George S. Tavlas, 2007. "The New Keynesian Phillips Curve and Lagged Inflation: A Case of Spurious Correlation?," Working Papers 57, Bank of Greece.
- Stephen G. Hall & George Hondroyiannis & P.A.V.B. Swamy & George S. Tavlas, 2008. "The New Keynesian Phillips Curve and Lagged Inflation: A Case of Spurious Correlation?," Discussion Papers in Economics 08/26, Division of Economics, School of Business, University of Leicester.
- Ronia Hawash & Guenter Lang, 2010. "The Impact of Information Technology on Productivity in Developing Countries," Working Papers 19, The German University in Cairo, Faculty of Management Technology.
- Vu, Khuong M., 2011. "ICT as a source of economic growth in the information age: Empirical evidence from the 1996-2005 period," Telecommunications Policy, Elsevier, vol. 35(4), pages 357-372, May.
- David Romer, 1993.
"Openness and Inflation: Theory and Evidence,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(4), pages 869-903.
- David Romer, 1991. "Openness and inflation: theory and evidence," Proceedings, Federal Reserve Bank of San Francisco, issue Nov.
- David Romer, 1991. "Openness and Inflation: Theory and Evidence," NBER Working Papers 3936, National Bureau of Economic Research, Inc.
- Jašová, Martina & Moessner, Richhild & Takáts, Előd, 2020.
"Domestic and global output gaps as inflation drivers: What does the Phillips curve tell?,"
Economic Modelling, Elsevier, vol. 87(C), pages 238-253.
- Martina Jašová & Richhild Moessner & Előd Takáts, 2018. "Domestic and Global Output Gaps as Inflation Drivers: What Does the Phillips Curve Tell?," CESifo Working Paper Series 7337, CESifo.
- Martina Jašová & Richhild Moessner & Előd Takáts, 2018. "Domestic and global output gaps as inflation drivers: what does the Phillips curve tell?," BIS Working Papers 748, Bank for International Settlements.
- Emara, Noha & Zhang, Yuanhao, 2021.
"The non-linear impact of digitization on remittances inflow: Evidence from the BRICS,"
Telecommunications Policy, Elsevier, vol. 45(4).
- Emara, Noha & Zhang, Yuanhao, 2020. "The Non-Linear Impact of Digitization on Remittances Inflow: Evidence From the BRICS," MPRA Paper 105734, University Library of Munich, Germany.
- World Bank, 2016. "World Development Indicators 2016," World Bank Publications - Books, The World Bank Group, number 23969.
- Kuttner, Ken & Robinson, Tim, 2010.
"Understanding the flattening Phillips curve,"
The North American Journal of Economics and Finance, Elsevier, vol. 21(2), pages 110-125, August.
- Ken Kuttner & Tim Robinson, 2008. "Understanding the Flattening Phillips Curve," RBA Research Discussion Papers rdp2008-05, Reserve Bank of Australia.
- Ken Kuttner & Tim Robinson, 2008. "Understanding the Flattening Phillips Curve," Department of Economics Working Papers 2008-15, Department of Economics, Williams College.
- Katz, Raul & Callorda, Fernando, 2018. "Accelerating the development of Latin American digital ecosystem and implications for broadband policy," Telecommunications Policy, Elsevier, vol. 42(9), pages 661-681.
- Lang, Guenter, 2009. "Measuring the returns of R&D--An empirical study of the German manufacturing sector over 45 years," Research Policy, Elsevier, vol. 38(9), pages 1438-1445, November.
- Albiman, Masoud Mohammed & Sulong, Zunaidah, 2017. "The linear and non-linear impacts of ICT on economic growth, of disaggregate income groups within SSA region," Telecommunications Policy, Elsevier, vol. 41(7), pages 555-572.
- Gerlach, Stefan & Svensson, Lars E. O., 2003.
"Money and inflation in the euro area: A case for monetary indicators?,"
Journal of Monetary Economics, Elsevier, vol. 50(8), pages 1649-1672, November.
- Stefan Gerlach & Lars E.O. Svensson, 2000. "Money and Inflation in the Euro Area: A Case for Monetary Indicators?," NBER Working Papers 8025, National Bureau of Economic Research, Inc.
- Svensson, Lars E.O. & Gerlach, Stefan, 2002. "Money and Inflation in the Euro-Area: A Case for Monetary Indicators?," CEPR Discussion Papers 3392, C.E.P.R. Discussion Papers.
- Lars E.O. Svensson & Stefan Gerlach, 2001. "Money and inflation in the Euro Area: A case for monetary indicators?," BIS Working Papers 98, Bank for International Settlements.
- Yi, Myung Hoon & Choi, Changkyu, 2005. "The effect of the Internet on inflation: Panel data evidence," Journal of Policy Modeling, Elsevier, vol. 27(7), pages 885-889, October.
- Jafari Samimi, Ahmad & Ghaderi, Saman & Hosseinzadeh, Ramezan & Nademi, Younes, 2012. "Openness and inflation: New empirical panel data evidence," Economics Letters, Elsevier, vol. 117(3), pages 573-577.
- Arellano, Manuel & Bover, Olympia, 1995.
"Another look at the instrumental variable estimation of error-components models,"
Journal of Econometrics, Elsevier, vol. 68(1), pages 29-51, July.
- M Arellano & O Bover, 1990. "Another Look at the Instrumental Variable Estimation of Error-Components Models," CEP Discussion Papers dp0007, Centre for Economic Performance, LSE.
- Noha Emara & Ayah El Said, 2021.
"Sovereign ratings, foreign direct investment and contagion in emerging markets: Does being a BRICS country matter?,"
International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(4), pages 5217-5234, October.
- Emara, Noha & El Said, Ayah, 2019. "Sovereign Ratings, Foreign Direct Investment and Contagion in Emerging Markets: Does Being a BRICS Country Matter?," MPRA Paper 99254, University Library of Munich, Germany, revised 21 Mar 2020.
- Blundell, Richard & Bond, Stephen, 1998.
"Initial conditions and moment restrictions in dynamic panel data models,"
Journal of Econometrics, Elsevier, vol. 87(1), pages 115-143, August.
- R Blundell & Steven Bond, "undated". "Initial conditions and moment restrictions in dynamic panel data model," Economics Papers W14&104., Economics Group, Nuffield College, University of Oxford.
- Blundell, R. & Bond, S., 1995. "Initial Conditions and Moment Restrictions in Dynamic Panel Data Models," Economics Papers 104, Economics Group, Nuffield College, University of Oxford.
- Richard Blundell & Stephen Bond, 1995. "Initial conditions and moment restrictions in dynamic panel data models," IFS Working Papers W95/17, Institute for Fiscal Studies.
- Claudio E. V. Borio & Andrew Filardo, 2007. "Globalisation and inflation: New cross-country evidence on the global determinants of domestic inflation," BIS Working Papers 227, Bank for International Settlements.
- Katz, Raúl & Jung, Juan & Callorda, Fernando, 2020. "Can digitization mitigate the economic damage of a pandemic? Evidence from SARS," Telecommunications Policy, Elsevier, vol. 44(10).
- World Bank Group, 2016. "World Development Report 2016 [Rapport sur le développement dans le monde 2016]," World Bank Publications - Books, The World Bank Group, number 23347.
- Jeannine Bailliu & Daniel Garcés & Mark Kruger & Miguel Messmacher, 2003. "Explaining and Forecasting Inflation in Emerging Markets: The Case of Mexico," Staff Working Papers 03-17, Bank of Canada.
- Shahriyar Mukhtarov & Jeyhun Mammadov & Fariz Ahmadov, 2019. "The Impact of Oil Prices on Inflation: The Case of Azerbaijan," International Journal of Energy Economics and Policy, Econjournals, vol. 9(4), pages 97-102.
- Valadkhani, Abbas, 2014. "Switching impacts of the output gap on inflation: Evidence from Canada, the UK and the US," International Review of Economics & Finance, Elsevier, vol. 33(C), pages 270-285.
- Mr. Ashoka Mody, 2004. "What is An Emerging Market?," IMF Working Papers 2004/177, International Monetary Fund.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Noha Emara & Daniela Zecheru, 2024. "Asymmetric threshold effects of digitization on inflation in emerging markets," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 10(1), pages 1-32, December.
- Emara, Noha & Zhang, Yuanhao, 2021.
"The non-linear impact of digitization on remittances inflow: Evidence from the BRICS,"
Telecommunications Policy, Elsevier, vol. 45(4).
- Emara, Noha & Zhang, Yuanhao, 2020. "The Non-Linear Impact of Digitization on Remittances Inflow: Evidence From the BRICS," MPRA Paper 105734, University Library of Munich, Germany.
- Sèna Kimm Gnangnon, 2021. "Aid for trade and inflation: Exploring the trade openness, export product diversification and foreign direct investment channels," Australian Economic Papers, Wiley Blackwell, vol. 60(4), pages 563-593, December.
- Serhan Cevik & Tianle Zhu, 2020.
"Trinity Strikes Back: Monetary Independence And Inflation In The Caribbean,"
Journal of International Development, John Wiley & Sons, Ltd., vol. 32(3), pages 375-388, April.
- Mr. Serhan Cevik & Tianle Zhu, 2019. "Trinity Strikes Back: Monetary Independence and Inflation in the Caribbean," IMF Working Papers 2019/197, International Monetary Fund.
- Awad, Atif & Albaity, Mohamed, 2022. "ICT and economic growth in Sub-Saharan Africa: Transmission channels and effects," Telecommunications Policy, Elsevier, vol. 46(8).
- Cevik Serhan & Jalles Joao, 2024.
"Eye of the Storm: The Impact of Climate Shocks on Inflation and Growth,"
Review of Economics, De Gruyter, vol. 75(2), pages 109-138.
- Mr. Serhan Cevik & João Tovar Jalles, 2023. "Eye of the Storm: The Impact of Climate Shocks on Inflation and Growth," IMF Working Papers 2023/087, International Monetary Fund.
- Szafranek, Karol, 2021. "Disentangling the sources of inflation synchronization. Evidence from a large panel dataset," International Review of Economics & Finance, Elsevier, vol. 76(C), pages 229-245.
- Megha Chhabra & Arun Kumar Giri & Arya Kumar, 2024. "Do Trade Openness and Output Gap Affect Inflation? Empirical Evidence from BRICS Nations," Millennial Asia, , vol. 15(3), pages 359-383, September.
- Abdulqadir, Idris A. & Asongu, Simplice A., 2022.
"The asymmetric effect of internet access on economic growth in sub-Saharan Africa,"
Economic Analysis and Policy, Elsevier, vol. 73(C), pages 44-61.
- Idris A. Abdulqadir & Simplice A. Asongu, 2021. "The asymmetric effect of internet access on economic growth in sub-Saharan Africa," Research Africa Network Working Papers 21/075, Research Africa Network (RAN).
- Idris A. Abdulqadir & Simplice A. Asongu, 2021. "The asymmetric effect of internet access on economic growth in sub-Saharan Africa," Working Papers of the African Governance and Development Institute. 21/070, African Governance and Development Institute..
- Idris A. Abdulqadir & Simplice A. Asongu, 2021. "The asymmetric effect of internet access on economic growth in sub-Saharan Africa," Research Africa Network Working Papers 21/070, Research Africa Network (RAN).
- Abdulqadir, Idris & Asongu, Simplice, 2021. "The asymmetric effect of internet access on economic growth in sub-Saharan Africa," MPRA Paper 110853, University Library of Munich, Germany.
- Idris A. Abdulqadir & Simplice A. Asongu, 2021. "The asymmetric effect of internet access on economic growth in sub-Saharan Africa," Working Papers of the African Governance and Development Institute. 21/075, African Governance and Development Institute..
- Idris A. Abdulqadir & Simplice A. Asongu, 2021. "The asymmetric effect of internet access on economic growth in sub-Saharan Africa," Working Papers 21/070, European Xtramile Centre of African Studies (EXCAS).
- Idris A. Abdulqadir & Simplice A. Asongu, 2021. "The asymmetric effect of internet access on economic growth in sub-Saharan Africa," Working Papers 21/075, European Xtramile Centre of African Studies (EXCAS).
- Abdulqadir, Idris & Asongu, Simplice, 2021. "The asymmetric effect of internet access on economic growth in sub-Saharan Africa," MPRA Paper 111557, University Library of Munich, Germany.
- Njangang, Henri & Beleck, Alim & Tadadjeu, Sosson & Kamguia, Brice, 2022. "Do ICTs drive wealth inequality? Evidence from a dynamic panel analysis," Telecommunications Policy, Elsevier, vol. 46(2).
- Raimundo Soto & Bassem Kamar, 2015.
"Monetary Policy and Economic Performance in Resource Dependent Economies,"
Documentos de Trabajo
462, Instituto de Economia. Pontificia Universidad Católica de Chile..
- Raimundo Soto & Bassem Kamar, 2017. "Monetary Policy and Economic Performance in Resource Dependent Economies," Working Papers 1123, Economic Research Forum, revised 07 2017.
- Hülya Saygılı, 2020. "Sectoral inflationary dynamics: cross-country evidence on the open-economy New Keynesian Phillips Curve," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 156(1), pages 75-101, February.
- Szafranek, Karol, 2017.
"Flattening of the New Keynesian Phillips curve: Evidence for an emerging, small open economy,"
Economic Modelling, Elsevier, vol. 63(C), pages 334-348.
- Karol Szafranek, 2016. "Linking excessive disinflation and output movements in an emerging, small open economy A hybrid New Keynesian Phillips Curve perspective," NBP Working Papers 239, Narodowy Bank Polski.
- Charles Shaaba Saba & Nicholas Ngepah, 2022.
"Nexus between telecommunication infrastructures, defence and economic growth: a global evidence,"
Netnomics, Springer, vol. 22(2), pages 139-177, October.
- Charles Shaaba Saba & Nicholas Ngepah, 2021. "Nexus between telecommunication infrastructures, defence and economic growth: a global evidence," Netnomics, Springer, vol. 22(2), pages 139-177, December.
- Charles Shaaba Saba & Nicholas Ngepah & Nicholas M. Odhiambo, 2024. "Information and Communication Technology (ICT), Growth and Development in Developing Regions: Evidence from a Comparative Analysis and a New Approach," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(3), pages 14700-14748, September.
- Henri Njangang & Alim Beleck & Sosson Tadadjeu & Brice Kamguia, 2021. "Do ICTs drive wealth inequality? Evidence from a dynamic panel analysis," Working Papers 21/057, European Xtramile Centre of African Studies (EXCAS).
- Abbas, Syed K. & Bhattacharya, Prasad Sankar & Sgro, Pasquale, 2016. "The new Keynesian Phillips curve: An update on recent empirical advances," International Review of Economics & Finance, Elsevier, vol. 43(C), pages 378-403.
- Daniel Santabárbara & Marta Suárez-Varela, 2022. "Carbon pricing and inflation volatility," Working Papers 2231, Banco de España.
- Jašová, Martina & Moessner, Richhild & Takáts, Előd, 2020.
"Domestic and global output gaps as inflation drivers: What does the Phillips curve tell?,"
Economic Modelling, Elsevier, vol. 87(C), pages 238-253.
- Martina Jašová & Richhild Moessner & Előd Takáts, 2018. "Domestic and global output gaps as inflation drivers: what does the Phillips curve tell?," BIS Working Papers 748, Bank for International Settlements.
- Martina Jašová & Richhild Moessner & Előd Takáts, 2018. "Domestic and Global Output Gaps as Inflation Drivers: What Does the Phillips Curve Tell?," CESifo Working Paper Series 7337, CESifo.
- Henri Njangang & Alim Beleck & Sosson Tadadjeu & Brice Kamguia, 2021. "Do ICTs drive wealth inequality? Evidence from a dynamic panel analysis," Working Papers of the African Governance and Development Institute. 21/057, African Governance and Development Institute..
More about this item
Keywords
Digitization; System GMM; Advanced Economies; Emerging Markets;All these keywords.
JEL classification:
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ICT-2022-05-02 (Information and Communication Technologies)
- NEP-MAC-2022-05-02 (Macroeconomics)
- NEP-MON-2022-05-02 (Monetary Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:106015. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.