employs bivariate cointegration methodology to examine the long-term relationship between inflation index and the different …

of Japan, the Tiger states and China with their respective strategies of industrial policy and export-led growth. Is …Using a strategy of export-led growth and an activist industrial policy, Japan, the Asian Tigers and more recently … China have attained high rates of economic growth. Export-led growth has taken over the status as model for developing …

This article focuses on inflation targeting (hereafter IT) as a superior monetary policy strategy for attaining price … inflation targeting and also examines the IT experiences of some industrial and emerging markets. The growing body of empirical …

government and economic activities is inflation perfectly guaranteed not to accelerate. A truly independent central bank is …

The paper shows the advantages and handicaps of implementing an inflation target (IT) regime, from a Post-Keynesian and …

This paper contributes to the vast literature on the predictive power of term structure about future inflation, by … important determinant of the relationship between term structure and inflation to the extent that even the existence of the … with the beginning of the implementation of an inflation targeting (IT) regime. While, before IT regime, the information in …

. Implemented following a major crisis induced by the deflation of bubbles on asset prices, this policy creates redistributive …

of the Bank of Japan’s anti-deflationary Quantitative Easing Policy carried out between March 2001 and April 2006. In …

In this paper, I present a unified and micro-founded explanation for various types of inflation without assuming ad hoc … frictions or irrationality. The explanation is similar to the conventional inflation theory in the sense that an independent … central bank can control inflation and also similar to the fiscal theory of the price level in the sense that a source of …

As an innovator in the financial system, China was the first to use paper currency. Eventually the form of currency was … held responsible for devastating inflation and was abandoned during the Ming Dynasty. Going forward in time, uprisings and … discontent have emphasized the importance of controlling inflation. The central bank is pivotal in issuing monetary policy to …