| 书目名称 | Inequality, Output-Inflation Trade-Off and Economic Policy Uncertainty | | 副标题 | Evidence From South | | 编辑 | Eliphas Ndou,Thabo Mokoena | | 视频video | | | 概述 | Determines the relevance of output-inflation trade-off and role of inflation regimes in the policy ineffectiveness proposition.Shows the extent to which the inflation persistence and inflation regimes | | 图书封面 |  | | 描述 | .This book focuses on income inequality, output-inflation trade-off and economic policy uncertainty in South Africa. Tight monetary and macroprudential policies raise income inequality. Income inequality transmits monetary policy and macroprudential policy shocks to real economic activity. Economic policy uncertainty influences the dynamics in the lending rate margins, inflation expectations, credit, pass-through of the repo rate to bank lending rates and companies’ cash holdings. The trade-off between output and inflation and output growth persistence vary with inflation regimes. Stimulatory demand policy shocks are less effective in high inflation regime. High income inequality raises consumption inequality, which raises demand for credit, but price stability matters in this link. Increased bank concentration raises income inequality, lowers economic growth and employment rate. Elevated economic policy uncertainty lowers output growth, lowers capital formation, reduces credit and raises companies’ cash holdings. Increased companies’ cash holdings reduce capital formation and impact the transmission of expansionary monetary policy shocks to real economic activity. This book shows | | 出版日期 | Book 2019 | | 关键词 | Output-inflation trade off; Companies` cash holding; Inflation regimes; Economic policy uncertainty; Pol | | 版次 | 1 | | doi | https://doi.org/10.1007/978-3-030-19803-9 | | isbn_softcover | 978-3-030-19805-3 | | isbn_ebook | 978-3-030-19803-9 | | copyright | The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerl |
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书目名称Inequality, Output-Inflation Trade-Off and Economic Policy Uncertainty被引频次
书目名称Inequality, Output-Inflation Trade-Off and Economic Policy Uncertainty被引频次学科排名
书目名称Inequality, Output-Inflation Trade-Off and Economic Policy Uncertainty年度引用
书目名称Inequality, Output-Inflation Trade-Off and Economic Policy Uncertainty年度引用学科排名
书目名称Inequality, Output-Inflation Trade-Off and Economic Policy Uncertainty读者反馈
书目名称Inequality, Output-Inflation Trade-Off and Economic Policy Uncertainty读者反馈学科排名
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发表于 2025-3-21 19:44:07
