The Central Bank of Bangladesh, Motijheel, Dhaka, Bangladesh.
PLoS One. 2020 Apr 2;15(4):e0229937. doi: 10.1371/journal.pone.0229937. eCollection 2020.
Here we argue that due to the difference between real GDP growth rate and nominal deposit rate, a demand pull inflation is induced into the economy. On the other hand, due to the difference between real GDP growth rate and nominal lending rate, a cost push inflation is created. We compare the performance of our model to the Fisherian one by using Toda and Yamamoto approach of testing Granger Causality in the context of non-stationary data. We then use ARDL Bounds Testing approach to cross-check the results obtained from T-Y approach.
在这里，我们认为由于实际 GDP 增长率和名义存款利率之间的差异，经济中会出现需求拉上型通货膨胀。另一方面，由于实际 GDP 增长率和名义贷款利率之间的差异，会产生成本推动型通货膨胀。我们使用 Toda 和 Yamamoto 在非平稳数据背景下检验格兰杰因果关系的方法，将我们的模型与费雪模型进行比较。然后，我们使用 ARDL 边界检验方法来交叉检查 T-Y 方法得到的结果。
