The aims of this paper are estimate and forecast the Non-Accelerating Inflation Rate of Unemployment, or NAIRU, for …

and population welfare been suffering of both a persistent and high inflation during the four first years of its young … inflation is contained but wages and pensions arrears increase quickly. Such a situation is not sustainable in the short and we …

of the two. We compare the accounting definition of deficit with the economic definition which takes inflation into …

inflation, has remained unexplained in terms of its mathematical origins. Keynes had attempted to relate inflation to a … mechanism of "sticky wages and prices". Hitherto, such theories of inflation have remained unproven and disputable. Recently …, during the so-called "New Economy" era, characterized by a spread of electronic transactions and Internet commerce, inflation …

welfare, since it often reduces the union’s utility. In particular, we show that an inflation-neutral union will never find it …

Expected inflation is a major decision factor of various economic agents. Since expected inflation is not directly … observable, economists have been seeking ways of extracting market’s inflation expectations from observable variables. One of the … most reliable sources of inflation expectations is the term structure of interest rates. This paper presents the …

Using a macroeconometric framework, this paper analyses relationships among money, barter and inflation in Russia … to capture all the relevant information for inference on money and inflation in Russia. …

. This was a period of very low inflation. The rate of growth in the aggregate price level was occasionally very close to … inflation. The declining prices cannot, however, be explained by lack of demand or any generalized deflationary tendencies … develops a new method for looking at the composition of inflation and illustrating how relative price dynamics interact with …

shows that inflation has an adverse effect on economic growth. Higher inflation increases the incentives for agents to use … money substitutes through financial services in an attempt to reduce inflation tax. This increases the size of the financial … of 17 countries which have experienced medium or high inflation. The results strongly support the hypothesis of the …