Skip to main content

Turner College Economist Publishes Timely Study on Inflation

With high inflation rates currently posing a problem in countries all around the globe, a new study by Turner College economics professor Frank Mixon and his colleague Puneet Vatsa of Lincoln University in New Zealand on business cycles and inflation is almost perfectly timed.  The study, which was recently accepted for publication by the International Journal of Monetary Economics and Finance, updates stylized facts about the cyclical associations between economic output and prices.  In it, Vatsa and Mixon apply the relatively new Hamilton filter, a statistical approach that lends itself well to extracting the cyclical components from non-stationary data series in small samples, to price and output series for 27 countries, including the U.S., from 1999 through 2020.  The study finds mixed evidence regarding the cyclicality of inflation (i.e., the relationship between business cycles and inflation).  For example, Vatsa and Mixon report that inflation is acyclical in India, the United Kingdom, and the Euro Area, while it is weakly procyclical in Canada and the U.S., strongly procyclical in China, and strongly countercyclical in Brazil.

 

The International Journal of Monetary Economics and Finance publishes both applied and policy-oriented research, with an emphasis on empirical studies in monetary economics, international economics, financial economics and financial markets from developed and developing economies.

Labels:

Comments

Post a Comment

Popular posts from this blog

Four Turner College Faculty Recognized for Outstanding Teaching

CSU Head Women's Soccer Coach Jay Entlich recently released a list of CSU faculty who have been chosen by a player as a member of the CSU faculty who has impacted the player in a positive way along their journey at CSU. Four Turner College faculty were included on the list, along with the player who nominated each. Management professor Phil Bryant was named by Sophia Leal , a freshman midfielder from Oxford, Georgia. Sophia attended Eastside High School and was a two-time all-region selection during her high school career. Through the first 10 games of 2024, she has scored one goal and recorded three assists.         Next, management professor John Finley was named by Lizz Forshaw , a graduate student forward from Stockton, England. Lizz, who attended IMG Academy in south Florida, has scored four goals and recorded four assists this season. During her senior year in 2023, she scored three goals and recorded two assists. As a junior in 2022, Lizz scored three goals ...
Post a Comment
Read more

Turner College Grad Publishes Academic Study on Corporate Culture and Strategy

Former Turner College student Tamara Todorova , now an associate professor of economics at American University in Bulgaria (AUB), recently published a study on corporate culture and strategy. Todorova earned an MBA from the Turner College in 1996 and then went on to earn a doctorate in international economics from the University of Economics - Varna in 2001. She has been on the faculty at AUB since August of 2000. Todorova's study, which appears in the current issue of the International Journal of Business Performance Management , investigates how corporate culture helps to economize on the transaction costs of internal organization. As she explains, the dimensions of corporate culture that assist in this task include increasing trust and reducing intrafirm opportunism. Todorova's study demonstrates that setting common goals and a common direction reduces the sizeable costs of internal organization. Tamara's prior research appears in Economics of Transition , International ...
Post a Comment
Read more

Hammer joins Turner College Finance Faculty

The Turner College's Department of Accounting and Finance welcomes Melissa Ingle Hammer , who joins the group as an adjunct faculty in finance.  Hammer graduated from the Turner College in 2005, after earning a BBA in finance. She later went on to earn an MBA from Auburn University, a Specialist Certificate in Conduct Risk from the University of Manchester, a Certificate in Team Culture from the University of Pennsylvania, and a Certificate in Executive Presence from Cornell University. Hammer is the SVP of Fair Lending Product Management with RiskExec at Asurity. She previously worked as Compliance Manager of Fair Lending at Synovus, a senior regulatory consultant with Wolters Kluwer, and as VP of Compliance at TD. This semester Hammer will be teaching FINC 3135, Financial Institutions and Technologies. Turner Business  welcomes Melissa and wishes her a great first semester in the Turner College.
Post a Comment
Read more