domestic currency, increases interest rates, effectively controls inflation rates and reduces output. They do not find any …

This paper examines the presence of asymmetric behavior in exchange rate pass-through (ERPT) to CPI inflation in 12 …

long-run interest rates and inflation expectations into account. We find a strong connection between oil prices and long … strong relationship if inflation and oil prices were driven by monetary policy. The observed magnitude of this relationship …

This paper argues that there is a nonzero inflation-unemployment tradeoff in the long-run due to frictional growth, a …-run Phillips curve suggests the development of a holistic framework that can jointly explain the evolution of inflation and … equations. We then evaluate the inflation-unemployment tradeoff and assess the impact of productivity, money growth, budget …

survival constraints that include a living wage, a zero interest rate and an upper interest rate. Inflation is everywhere. The … on the external balance and inflation concerns. The paper concludes that, with international Ponzi sectors, viable …

inflation target is subject to unobserved changes. It characterizes the effect of disclosure of forecasts on inflation and … the slope of the Phillips curve, the central bank's preference weight on inflation relative to output and the ratio of the … variability of the inflation target relative to the cost-push disturbance. The paper briefly discusses how disclosure of forecasts …