stance, before and after its adoption of the inflation targeting framework, as revealed by its interest rate setting behavior … inflation by and large through its key policy rate, though it appears to be accommodative with respect to the output gap. In …

According to several empirical studies, US inflation and nominal interest rates, as well as the real interest rate, can … be described as unit root processes. These results imply that nominal interest rates and expected inflation do not move … the three-month treasury bill rate and inflation share a common nonlinear component that explains a large part of their …

equities fail the test as inflation hedges, as had been quite widely believed, but that they take so long to pass. …

The aim of this work is that of exemplifying some applications of the modern theory of the complexity to the economic …

public sector. Under pressure from oil price inflation, the influx of Mozambican refugees and drought, government resorted to … manifested in reduced public investment, surging inflation and stagnation in per capita GDP. Implications of public sector …

paper advance the concept of development power, give its basic models, and try to establish a theory of describing and … analyzing the macro-economy ©¤ the development power and derivative process. By means of the development power theory, we can …