Analysis of the dynamics of inflation in Serbia

Autor: Đurović-Todorović Jadranka, Đorđević Marina, Tomić Zoran
Jazyk: angličtina
Rok vydání: 2016
Předmět:
Zdroj: Strategic Management, Vol 21, Iss 3, Pp 56-61 (2016)
Druh dokumentu: article
ISSN: 1821-3448
2334-6191
Popis: Inflation is one of the phenomena that attract the attention of many researchers. Inflation is not a phenomenon that has appeared in recent years, from the time of creation of money and the development of the first economies. Today, although there are a large number of papers on this topic, we still do not know enough about all the factors that affect the formation and evolution of inflation and inflation dynamics. Regression analysis is a powerful statistical tool that can help you gain a large amount of existing data on inflation analysis and thus to partial answers to the questions that are all factors that affect inflation and in what way. In this paper, the use of multiple regression analysis was performed to analyze the influence of factors that contribute to the emergence of inflation, such as monetary aggregates, discount rate and the level of gross domestic product, the discount rate of the Central Bank of Serbia. It is also an analysis of the coefficients of price elasticity of money in the long run, the coefficient of price elasticity of production in the long term and elasticity of demand for money in Serbia.
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