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Inflation dynamics in Mongolia : understanding the roller coaster
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| 자료유형 | 단행본 |
|---|---|
| 서명/저자사항 | Inflation dynamics in Mongolia : understanding the roller coaster/ Steven Barnett, Julia Bersch and Yasuhisa Ojima. |
| 개인저자 | Barnett, Steven,author. Bersch, Julia,author, Ojima, Yasuhisa,author, |
| 단체저자명 | International Monetary Fund. |
| 발행사항 | Washington, D.C.: International Monetary Fund, 2012. |
| 형태사항 | 1 online resource (20 pages). |
| 총서사항 | IMF working paper;WP/12/192 |
| ISBN | 1475560885 9781475560886 |
| 일반주기 |
"July 2012."
|
| 서지주기 | Includes bibliographical references. |
| 요약 | Inflation in Mongolia resembles a roller coaster ride with sharp rises and steep drops. Understanding why is critical for formulating and assessing monetary policy. Food prices are found to be a key driver of inflation, and, not surprising given Mongolia's geography, are determined primarily by local supply conditions, highly seasonal, and subject to large but short-lived shocks (usually weather related). Nonetheless, demand factors are also found to be significant in explaining price movements and empirical evidence suggests that a 10 percent increase in government wages, for example, would push up underlying inflation by 1 percentage point. So, while inflation will remain volatile due to agricultural shocks, there is space for macroeconomic stabilization policy to help reduce inflation volatility. |
| 주제명(지명) | Mongolia --Social conditions --21st century. Mongolia --Politics and government --21st century. Mongolia. --fast |
| 일반주제명 | Inflation (Finance) --Mongolia. Finance --Mongolia. BUSINESS & ECONOMICS --Economics --General. BUSINESS & ECONOMICS --Reference. Finance. Inflation (Finance) Politics and government. Social conditions. |
| 언어 | 영어 |
| 바로가기 |  |
