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

Inflation can alter the characteristics of tax- and contribution systems in numerous ways. This paper demonstrates how … inflation alters the distributive properties of nominally defined tax systems and looks at the impact of the tax revenues and … comparisons of the distributive consequences of the inflation induced erosion of tax- band limits, thresholds, deductions, tax …

controls were essentially ineffective in reducing inflation. …

This paper discusses the econometric model of inflation processes in the Republic of Belarus which makes it possible to …

This paper examines the long-run effects of supply shocks (such as oil shocks) on inflation in the United States. The … persistence of supply shocks in U.S. inflation fell considerably during the period of Volcker’s disinflation (1979-1982). My … the behavior of inflation expectations - agents expected shocks to persist in the pre-Volcker period, but not in the post …

variables. A model of inflation is estimated as a co-integrating vector that spans nominal exchange rate and domestic output. In … the second stage, a model of inflation is estimated with first differences of the non-stationary variables, a level … variable and the co-integrating vector. Results indicate that inflation in Malawi is a result of both real and monetary shocks …

progressively opt for greater exchange rate flexibility as well as a monetary policy based on inflation targeting rather than … policies are reviewed and analyzed. Second, the theoretical sources of inflation (cost push and demand pull factors as well as … probabilities is estimated for Morocco and Tunisia to provide important information concerning the mechanisms underlying inflation …

, transparency reduces inflation and the output gap, but at the cost of higher macroeconomic volatility. …

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 …