Timeline for What are the ways to take account of inflation?
Current License: CC BY-SA 4.0
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| Nov 22, 2023 at 19:00 | comment | added | Andrew | @JamieSmith Studying how inflation influences any other macro indicator. As in lag correlation, Granger causality test, panel analysis. Nominal or real GDP is one of the prime examples of what I have in mind. Actually inflation would be one of the parameters that influences GDP and the character of this influence to be found. Say, if inflation is high it could mean that the economy is in a bad shape and this could influence even real GDP. | |
| Nov 22, 2023 at 10:46 | comment | added | Jamie Smith | I think your question would be improved if you gave some more specific examples of the kind of operations/analysis you're talking about. What specifically do you mean by "the influence of inflation on other macro economic indicators". Eg. nominal GDP clearly rises with rising prices but real GDP is always normalised to a price level in a given reference year so inflation doesn't effect it. | |
| Nov 18, 2023 at 17:36 | history | asked | Andrew | CC BY-SA 4.0 |