Haku

The purpose of this essay is to explain inflation and output using a disaggregated model in which both classical or Marshallian price adjustment and Keynesian price rigidity are present in the goods market. The model can ...

This paper reports some preliminary findings of an analysis of the price behaviour of Finland's raw material imports. The main purpose is to study the lags with which world market prices are transmitted into Finnish foreign ...

Työssä on selvitetty raaka-aineiden maailmanmarkkinahintoihinvaikuttavia tekijöitä. HWWA raaka-ainehintaineksi disaggregoitiin neljään alaryhmään (elintarvikkeet, nautintoaineet, metallit ja mineraalit, muut teollisuusra ...

This paper studies whether aggregate fluctuations in employment may be explained within a market clearing framework as intertemporal substitution in labor supply and demand . An intertemporal substitution model for the ...

This article contains tests for the direct effects of inflation on household saving. Empirical results with cross-country data from five OECD countries indicate that both unanticipated and anticipated inflation affect the ...

Hintojen nousuvauhti on Suomessa yleensä ollut jonkinverran keskimääräistä kansainvälistä nousuvauhtia nopeampi (kuvio 1). Poikkeuksen muodostivat vuodet 1969 - 1971, jolloin vuoden 1967 devalvaation jälkeen harjoitetun ...

In this paper the degree of dependency of Finnish export prices on the exchange rate, competitors' prices and domestic costs is investigated. A distinction is made between heterogeneous and homogeneous output. A dynamic ...