Does Monetary Policy Stabilise Food Inflation in Hungary?

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F24%3A101501" target="_blank" >RIV/60460709:41110/24:101501 - isvavai.cz</a>

Výsledek na webu

<a href="https://online.agris.cz/archive/2024/04/05" target="_blank" >https://online.agris.cz/archive/2024/04/05</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.7160/aol.2024.160405" target="_blank" >10.7160/aol.2024.160405</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Does Monetary Policy Stabilise Food Inflation in Hungary?

Popis výsledku v původním jazyce

This study examines the relationship between monetary policy and food price inflation in Hungary from January 2007 to December 2023 using the Nonlinear Autoregressive Distributed Lag (NARDL) model. Our analysis reveals that although the short-term impact of monetary policy on food prices is minimal, there is a notable long-term effect where implementing tighter monetary measures increases food price inflation over time. Policymakers must take a nuanced approach when dealing with food price shocks, considering both monetary and fiscal interventions. Our research highlights the significance of combining monetary policy actions with specific fiscal strategies and structural changes in the agriculture to reduce the negative effects of food inflation and protect the well-being of vulnarable populations. © (2024), (Faculty of Economics and Management). All rights reserved.

Název v anglickém jazyce

Does Monetary Policy Stabilise Food Inflation in Hungary?

Popis výsledku anglicky

This study examines the relationship between monetary policy and food price inflation in Hungary from January 2007 to December 2023 using the Nonlinear Autoregressive Distributed Lag (NARDL) model. Our analysis reveals that although the short-term impact of monetary policy on food prices is minimal, there is a notable long-term effect where implementing tighter monetary measures increases food price inflation over time. Policymakers must take a nuanced approach when dealing with food price shocks, considering both monetary and fiscal interventions. Our research highlights the significance of combining monetary policy actions with specific fiscal strategies and structural changes in the agriculture to reduce the negative effects of food inflation and protect the well-being of vulnarable populations. © (2024), (Faculty of Economics and Management). All rights reserved.

Druh

J_SC - Článek v periodiku v databázi SCOPUS

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2024

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

AGRIS on-line Papers in Economics and Informatics

ISSN

1804-1930

e-ISSN

1804-1930

Svazek periodika

16

Číslo periodika v rámci svazku

4

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

9

Strana od-do

69-77

Kód UT WoS článku

—

EID výsledku v databázi Scopus

2-s2.0-85216110918