; (iii) the frequencies of price increases and decreases contribute a lot to inflation variations, and price increases are … more frequent in January even when sales are excluded; (iv) sales contribute significantly to the volatility of inflation …

public deficits and inflationary pressures. The paper aims at discussing these new challenges. The inadequacy of inflation …

Based on panel data of 58 countries, of which 22 Inflation Targeters and 36 non Inflation Targeters, over the period … 1980-2003, this paper highlights the effect of Inflation Targeting – IT- on Fiscal Discipline –FD-. We make four …

central banks' monetary policy must be credible if the authorities want to curb inflation. A second view is that central banks … set their monetary policy by using all the information relevant for inflation and output projections. In Europe, a … controversy has emerged about the role of monetary aggregates as useful indicators of future inflation and output. On one hand …