real depreciation of the rupiah, and rapid growth of base money, which resulted in inflation. Thus all prices rose, but …

We investigate the roles of a time-varying inflation target and monetary and fiscal policy stances on the dynamics of … inflation in a DSGE model. Under an active monetary and passive fiscal policy regime, inflation closely follows the path of the … inflation target and a stronger reaction of monetary policy to inflation decreases the response of inflation to non …

inflation in developing countries and further explores this link in the absence of public sector wage expenditure. Sri Lanka, a … developing country with a persistent fiscal deficit, a large public sector and increasing inflation, has been chosen for the … narrow money is associated with about an 11 percentage point increase in inflation. This link becomes weaker in the absence …

, the movements in the price of gold seem to lead a symmetrical trend in the headline inflation since the outbreak of the …, shifts in the gold price should be monitored as one of the determining factors of inflation. Yet, hardly any study has …-digit inflation rates. …

This paper amends the New Keynesian Phillips curve model to include inflation volatility and tests the determinants of … such volatility for India. It provides results on the determinants of inflation volatility and expected inflation … volatility for OLS and ARDL (1,1) models and for change in inflation volatility and change in expected inflation volatility using …

This paper studies the joint dynamics of U.S. inflation and the average inflation predictions of the Survey of … consists of the unobserved components (UC) model of Stock and Watson (2007, "Why has US inflation become harder to forecast … Journal of Economics 117, 1295-1328). We introduce timevarying inflation gap persistence into the Stock and Watson (SW …

We examine the effect of inflation variability and economic growth using annual historical data on both developing and … inflation variability by the five-year coefficient of variation of inflation, we obtain the following results: (1) For … developing countries, there is significant evidence to suggest that when the rate of inflation exceeds 10 percent inflation …

price changes? To examine this question we decompose CPI inflation and "core" inflation into their permanent and transitory … to offsetting transitory shocks correlated with the permanent shocks. The stationarity of inflation may be time …-varying, so we examine the performance of the core measure of inflation for periods during which it appears that inflation is I(1 …

This paper extends the New Keynesian Phillips curve model to include inflation volatility and tests the determinants of … such volatility for India. It provides results on the determinants of inflation volatility and expected inflation … volatility for OLS and ARDL (1,1) models and for change in inflation volatility and change in expected inflation volatility using …

This paper amends the New Keynesian Phillips curve model to include inflation volatility. It provides results on the … determinants of inflation volatility and expected inflation volatility for OLS and ARDL(1,1) models and for change in inflation … volatility and change in expected inflation volatility using ECM models. Output gap affects change in expected inflation …