We consider an arbitrage strategy which exactly replicates the cash flow of a sovereign nominal bond using inflation … swaps and inflation-linked bonds. The strategy reveals a violation of the law of one price in the G7 countries which is …

Poland edged towards hyperinflation towards the latter half of 1989,but inflation fell dramatically after drastic … reformswere enacted in January of 1990. We analyse the consistency betweenfiscal deficits and inflation targets and assessPoland … fiscal deficits and inflation. We also assessthe impact of financial sector measures on seignioragerevenue and the …

Poland edged towards hyperinflation towards the latter half of 1989,but inflation fell dramatically after drastic … reformswere enacted in January of 1990. We analyse the consistency betweenfiscal deficits and inflation targets and assess Poland … fiscal deficits and inflation. We also assessthe impact of financial sector measures on seignioragerevenue and the …

information for future output and inflation because of its impact on financial spreads. And so we decompose broad money into …