Monetary policy rules have been considered as fundamental protection against inflation. However, empirical evidence for … a correlation between rules and inflation is relatively weak. In this paper, we first discuss likely causes for this …

In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output …

This paper estimates a time-varying AR-GARCH model of inflation producing measures of inflation uncertainty for the … policy regime change associated with the start of EMU in 1999. The main findings are as follows. Steady-state inflation and … inflation uncertainty have declined steadily since the inception of EMU, whilst short-run uncertainty has increased, mainly …

I analyze the impact of food price inflation on parental decisions to send their children to school. Moreover, I use …

, Italy and the UK). The empirical results suggest that inflation in France and Italy is nonstationary. However, while for the … exclusively from the long-run or zero frequency. In the UK, inflation seems to be stationary with a component of long memory at …

The paper explores dynamics of inflation in Ukraine in the period of relative macroeconomic stability. The analysis of … interrelationship between inflation, money growth, wage growth, and a proxy for devaluation expectations is based on impulse responses … the most important factor driving price development, while money supply growth has negligible impact on inflation. In …

inflation convergence using different approaches, namely panel unit root tests, co-integration tests and error-correction models …