Which Model For Forecasting Of Nepalese Inflation Is...

A. RESEARCH QUESTIONS - Which model for forecasting of Nepalese inflation is suitable? - Is Nepalese inflation caused by inflow of remittance along with the population growth and political instability in Nepal ? - Do the money supplies affect price level/inflation in Nepal? If yes, then at what extent money supplies affect Nepalese price level? - Does the relationship between Ms P hold QTM in Nepal? - Is there any SR LR relationship between Ms P? - Is the relationship between Ms P robust and stable? B. BRIDGING RESEARCH GAP - Impact of remittance along with population growth and political instability. - Intensive study on the relationship between Ms P employing variety of tools. - Confirmation of the relationship between Ms P applying various diagnostic tests. - Generalization is made on the basis of not only the single test but on the basis of a number of tests. C. OBJECTIVES I. GENERAL OBJECTIVE To explore and examine the state of the relationship between Ms P in the line of QTM. II. SPECIFIC OBJECTIVE - Identify the suitable model of inflation forecasting - Examine the impact of remittance on inflation - Examine the relationship between Ms P and extent of relationship by ARDL models. - Analyze the SR LR relationship between Ms P by cointegration test and VECM. - Examine the Granger causality between Ms P. - Explore the relationship between Ms P with the technique of VAR, IRF and Variance Decomposition. - Examine the robustness ofShow MoreRelatedNepal : A Small Beautiful Country With Highest Mountain Essay10303 Words   |  42 PagesCHAPTER ONE INTRODUCTION 1.1 General Background of Nepalese Economy Nepal is a small beautiful country with highest mountain, Mt. Everest and with third highest mountain, Kanchanganga in the world. Nepal has a scenic beauty with high prospects of tourism development. Besides, the country is very rich in water resources, mineral resources, and forest resources. It is a culturally and ethnically diverse country which is able to captivate a number of people in the world to visit Nepal for differentRead MoreModeling Of Forecasting Inflation On Nepal Essay6850 Words   |  28 PagesCHAPTER FOUR MODELING OF FORECASTING INFLATION IN NEPAL 4.1Introduction Inflation is a burning economic problem in the developing countries like Nepal that brings adverse effects like loss of purchasing power of national currency, leading to the aggravation of social conditions and living standards. This also leads to uncertainty making domestic and foreign investors reluctant to invest in the economy. Additionally, inflation broadens the country’s terms of trade causing domestic goods and servicesRead MoreAnalysis Of Proposition Of Rational Expectations, Developed By Lucas, Sargent And Wallace3007 Words   |  13 Pagesregression equation has been performed taking price level as dependent variable and anticipated money supply as explanatory variable. 11.2 ARIMA Model for M1 Money Supply In order to quantify anticipated money supply, the ARIMA model has been applied. For this purpose equation (11.1) has been employed for ARIMA structure for M1 money supply, on the basis of which the anticipated M1 money supplies has been quantified. ã€â€"dLnMã€â€"_1t=ÃŽ ±+ÃŽ ²_1 ã€â€"dLnMã€â€"_(1t-1)+ÃŽ ²_2 ã€â€"dLnMã€â€"_(1t-2)+â‹ ¯+ÃŽ ²_k ã€â€"dLnMã€â€"_(1t-k)+ÃŽ ¸_1 u_(t-1)+ÃŽ ¸_2Read MoreDeveloping Management Skills404131 Words   |  1617 Pages174 Problem Solving, Creativity, and Innovation 174 Steps in Analytical Problem Solving 174 Defining the Problem 174 Generating Alternatives 176 Evaluating Alternatives 176 Implementing the Solution 177 Limitations of the Analytical Problem-Solving Model 178 Impediments to Creative Problem Solving 178 Multiple Approaches to Creativity 179 Conceptual Blocks 183 Percy Spencer’s Magnetron 185 Spence Silver’s Glue 185 The Four Types of Conceptual Blocks 185 Review of Conceptual Blocks 194 Conceptual Blockbusting