Can food inflation be stabilized by monetary policy? a quantile regression approach

HIGHLIGHTS

• who: Choudary Ihtasham Ali et al. from the Business School, Bahria University, Islamabad have published the article: CAN FOOD INFLATION BE STABILIZED BY MONETARY POLICY? A QUANTILE REGRESSION APPROACH, in the Journal: (JOURNAL) of January/30,/2020
• how: The authors have found a positive and statistically significant impact of monetary policy on food inflation across all the quantiles.

SUMMARY

Inflation is always and everywhere a monetary phenomenon (Doyin and Ikechkwu, 2013; Sumner, 2022). Literature has agreed with the notion that food inflation is a decisive factor in making inflation-targeting monetary . . .

 



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