intangible capital. Furthermore, since inflation lowers the real value of debt, inflation exaggerates the returns to capital and … inflation combined with nominal wage rigidity (Madsen, 2004). 4 The quality of the data The reliability of the results …

for the UK market, the most powerful predictors are dividend yield, January effect, monetary supply, inflation rate and …

and Volatility for G7 and Euro Area Inflation”, unpub- lished manuscript (2008). Chouliarakis, George, P. K. G …. Harischandra, “Do Exchange Rate Regimes Matter for Inflation Persistence? Theory and Evidence from the History of UK and US In …? Inflation Dynamics and the Distribution of Income,” Brooking Papers on Eco- nomic Activity 2 (2005), 67–127. Esping-Andersen, G …

-of-living adjustments, so the value of the benefit erodes over time. When the inflation rate is as low as 3 percent per year, the real … would increase slightly more than the rate of inflation for subsequent years. If the benefit is targeted, it could be based …

). Uganda is a low-inflation country and its inflation levels do not differ significantly from those in developed economies. 6 … 6 The average inflation rate for the period 2000–2004 was 4.3 percent (World Development Indicators 2005). 7 28 …

Tella et al. (2001) provide evidence that self-reported well-being depends on the unemployment rate and inflation. Wunder et … variables such as unemployment, inflation, and growth. Their impact can, however, be captured in aggregate by the period dummies …