Regional Economic Outlook: Middle East and Central Asia, May 2010 PDF (Adobe DRM) download by International Monetary Fund

Regional Economic Outlook: Middle East and Central Asia, May 2010

INTERNATIONAL MONETARY FUND
Publication date: June 2004
ISBN: 9781589069206
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Increases in German core inflation following the 2007 VAT hike were smaller than expected, leading to speculation about delayed inflationary effects. This paper argues to the contrary that price increases in advance of the VAT hike explain the small increase upon implementation. We find that core inflation rose by 0.36 percentage point in the run up and by a further 0.40 percentage point at the time of the VAT hike. Cumulatively, the tax hike contributed to two thirds of the increase in core inflation in 2006-07 at an estimated pass-through of 73 percent. Most of the increase in 2006 was of general nature, while about one sixth can be attributed to durable goods and items with low degree of competition.
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Regional Economic Outlook: Middle East and Central Asia, May 2010 PDF (Adobe DRM) download by International Monetary Fund
INTERNATIONAL MONETARY FUND, June 2004
ISBN: 9781589069206
EAN:  9781589069206
PDF (Adobe DRM)
List Price: $18.00 eBook price: $13.99
Regional Economic Outlook, May 2010: Middle East and Central Asia PDF (Adobe DRM) download by International Monetary Fund
INTERNATIONAL MONETARY FUND, May 2010
ISBN: 9781451987966
EAN:  9781451987966
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Regional Economic Outlook, May 2010: Middle East and Central Asia ePub (Adobe DRM) download by International Monetary Fund
INTERNATIONAL MONETARY FUND, May 2010
ISBN: 9781452744674
EAN:  9781452744674
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