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 …

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 …

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 …

This study presents a framework for extracting long-run GDP growth and inflation expectations from financial market … inflation expectations for the euro area and for the United States. …

inflation target as the ultimate policy goal. The converging countries act in essence as “takers” of the inflation target, which …, in this case, is the eurozone’s inflation forecast. The study advances a forward-looking money growth model that might be … relationships between money and target variables, which are low inflation and stable exchange rate. Long-run interactions between …

A flexible approach to direct inflation targeting is a viable monetary policy choice for transition economies that is … analytical model investigating the link between the inflation process and monetary variables in transition economies is advanced … that the monetary convergence begins with inflation targeting and concludes with a full-fledged euroization. It further …

This paper models an inflation forecast density framework that closely resembles actual policy makers behaviour … regarding the determination of the modal point, the uncertainty and asymmetry in the inflation forecasts. The framework combines …