{"product_id":"the-sources-of-inflation-in-ethiopia-von-kibrom-tafere","title":"The Sources of Inflation in Ethiopia","description":"\u003cp\u003eOver the last few years, galloping food and non-food  prices have had deterimental effect on the Ethiopian  Economy. This study set out to identify the factors  responsible for the hiking prices and suggest policy  interventions. The findings of the study indicate  that the determinants of inflation differ between  sectors (food and non-food) and time horizons (short  run and long run). The most important forces behind  food inflation in the long run are real income,  money supply, inflation expectation and  international food price. The long run determinants  of non-food inflation, on the other hand, are money  supply, interest rate and inflation expectations. In  the short run model, wages, international prices,  exchange rates and food supply are found to be prime  sources of inflation. There is also evidence of cost  mark-up in the short run suggesting the presence of  strong monopoly power in price formation.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783838357973\"\u003e\u003ch3\u003eModeling Price Formation and Dynamics\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783838357973","offer_id":39499068342365,"sku":"9783838357973","price":49.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/29f7b30b-afc7-40a9-b9bb-098f57ccc812.jpg?v=1775628664","url":"https:\/\/shop.autorenwelt.de\/products\/the-sources-of-inflation-in-ethiopia-von-kibrom-tafere","provider":"Autorenwelt Shop","version":"1.0","type":"link"}