The determinants of inflation in Venezuela / Muhammad Aqmal Hakim Hidzir

Inflation is one of the famous macroeconomic problems that always got intention globally. Generally, inflation refers to the continue increasing in general price of goods and services in a certain period of time that can cause the declining in purchasing power of consumer. In fact, the world has rec...

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Main Author:	Hakim Hidzir, Muhammad Aqmal
Format:	Thesis
Language:	English
Published:	2018
Subjects:	Money and prices Inflation Deflation Purchasing power
Online Access:	https://ir.uitm.edu.my/id/eprint/100083/2/100083.pdf
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id	my-uitm-ir.100083
record_format	uketd_dc
spelling	my-uitm-ir.1000832024-09-25T09:42:41Z The determinants of inflation in Venezuela / Muhammad Aqmal Hakim Hidzir 2018-12 Hakim Hidzir, Muhammad Aqmal Money and prices. Inflation. Deflation. Purchasing power Inflation is one of the famous macroeconomic problems that always got intention globally. Generally, inflation refers to the continue increasing in general price of goods and services in a certain period of time that can cause the declining in purchasing power of consumer. In fact, the world has recorded that the Republic of Venezuela has the highest inflation rate ever. Moreover, the economists state that the Venezuela's inflation not only reached normal inflation rate, but had turned into a hyperinflation level. Since the arising of this issue, the study intends to make a further investigate on determinants that affecting the inflation in Venezuela country. This research analyze the inflation rate as the dependent variable, meanwhile the independent variables are the crude oil price, unemployment rate, money supply, exchange rate, gross domestic product (GDP), and government expenditure. Quantitative method and the econometric model are chosen to examine the relationship between the dependent and independent variables. With the 37 years observation of sample size from year 1978 to year 2014, the data had run by using the Ordinary Least Square (OLS) method. All of this time series data are collected from the World Bank Data website. It founds that there are two relationships exist which are the positive and negative relationship of independent variables towards the inflation rate. Based on result, money supply and government expenditure show the positive relationship meanwhile for crude oil price, unemployment rate, exchange rate and gross domestic product show then opposite relationship towards the inflation rate. 2018-12 Thesis https://ir.uitm.edu.my/id/eprint/100083/ https://ir.uitm.edu.my/id/eprint/100083/2/100083.pdf text en public degree Universiti Teknologi MARA, Johor Faculty of Business and Management Hamzah, Nor Haliza Hashim, Saniah
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
advisor	Hamzah, Nor Haliza Hashim, Saniah
topic	Money and prices Inflation Deflation Purchasing power
spellingShingle	Money and prices Inflation Deflation Purchasing power Hakim Hidzir, Muhammad Aqmal The determinants of inflation in Venezuela / Muhammad Aqmal Hakim Hidzir
description	Inflation is one of the famous macroeconomic problems that always got intention globally. Generally, inflation refers to the continue increasing in general price of goods and services in a certain period of time that can cause the declining in purchasing power of consumer. In fact, the world has recorded that the Republic of Venezuela has the highest inflation rate ever. Moreover, the economists state that the Venezuela's inflation not only reached normal inflation rate, but had turned into a hyperinflation level. Since the arising of this issue, the study intends to make a further investigate on determinants that affecting the inflation in Venezuela country. This research analyze the inflation rate as the dependent variable, meanwhile the independent variables are the crude oil price, unemployment rate, money supply, exchange rate, gross domestic product (GDP), and government expenditure. Quantitative method and the econometric model are chosen to examine the relationship between the dependent and independent variables. With the 37 years observation of sample size from year 1978 to year 2014, the data had run by using the Ordinary Least Square (OLS) method. All of this time series data are collected from the World Bank Data website. It founds that there are two relationships exist which are the positive and negative relationship of independent variables towards the inflation rate. Based on result, money supply and government expenditure show the positive relationship meanwhile for crude oil price, unemployment rate, exchange rate and gross domestic product show then opposite relationship towards the inflation rate.
format	Thesis
qualification_level	Bachelor degree
author	Hakim Hidzir, Muhammad Aqmal
author_facet	Hakim Hidzir, Muhammad Aqmal
author_sort	Hakim Hidzir, Muhammad Aqmal
title	The determinants of inflation in Venezuela / Muhammad Aqmal Hakim Hidzir
title_short	The determinants of inflation in Venezuela / Muhammad Aqmal Hakim Hidzir
title_full	The determinants of inflation in Venezuela / Muhammad Aqmal Hakim Hidzir
title_fullStr	The determinants of inflation in Venezuela / Muhammad Aqmal Hakim Hidzir
title_full_unstemmed	The determinants of inflation in Venezuela / Muhammad Aqmal Hakim Hidzir
title_sort	determinants of inflation in venezuela / muhammad aqmal hakim hidzir
granting_institution	Universiti Teknologi MARA, Johor
granting_department	Faculty of Business and Management
publishDate	2018
url	https://ir.uitm.edu.my/id/eprint/100083/2/100083.pdf
_version_	1811769057920155648

The determinants of inflation in Venezuela / Muhammad Aqmal Hakim Hidzir

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