{"title":"蒙古通货膨胀的向量自回归模型","authors":"T. Ulziideleg","doi":"10.4172/2151-6219.1000330","DOIUrl":null,"url":null,"abstract":"This paper investigates the relationship between inflation, real money, exchange rate and real output based on data from 1997 to 2005. Vector auto regression analysis presented to establish the relationship. The results of the research indicate that the dynamics of inflation are affected by previous month exchange rate changes and money growth. It means that there is a need to lessen the influence of exchange rate expectation on economy and to improve efficiency of management of the monetary instrument.","PeriodicalId":92484,"journal":{"name":"Business and economics journal","volume":"8 1","pages":"1-5"},"PeriodicalIF":0.0000,"publicationDate":"2017-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Vector Auto Regression Model of Inflation in Mongolia\",\"authors\":\"T. Ulziideleg\",\"doi\":\"10.4172/2151-6219.1000330\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This paper investigates the relationship between inflation, real money, exchange rate and real output based on data from 1997 to 2005. Vector auto regression analysis presented to establish the relationship. The results of the research indicate that the dynamics of inflation are affected by previous month exchange rate changes and money growth. It means that there is a need to lessen the influence of exchange rate expectation on economy and to improve efficiency of management of the monetary instrument.\",\"PeriodicalId\":92484,\"journal\":{\"name\":\"Business and economics journal\",\"volume\":\"8 1\",\"pages\":\"1-5\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2017-01-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Business and economics journal\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.4172/2151-6219.1000330\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Business and economics journal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.4172/2151-6219.1000330","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Vector Auto Regression Model of Inflation in Mongolia
This paper investigates the relationship between inflation, real money, exchange rate and real output based on data from 1997 to 2005. Vector auto regression analysis presented to establish the relationship. The results of the research indicate that the dynamics of inflation are affected by previous month exchange rate changes and money growth. It means that there is a need to lessen the influence of exchange rate expectation on economy and to improve efficiency of management of the monetary instrument.