This paper presents three empirical approaches to forecasting inflation in Pakistan. The preferred approach is a … leading indicators model in which broad money growth and private sector credit growth help forecast inflation. A univariate …

sub-Saharan African countries on the relative importance of fiscal and monetary determinants of inflation. Based on the … dynamic response of inflation to different shocks, including nominal public debt, results show that a number of SSA countries … of inflation variability, as predicted by the fiscal theory of the price level …

This paper explores inflation determinants within the EU and implications for new members'' euro adoption plans. Factor … analysis partitions observed inflation in EU25 countries into common-origin and country-specific (idiosyncratic) components …. Cross-country differences in common-origin inflation within the EU are found to depend on gaps in the initial price level …

Inflation followed a strikingly uniform pattern in all countries of the Middle East, North Africa, and Central Asia … variables are included. The pattern of inflation is explained mainly by past inflation, the strength of the US dollar, US … inflation, and—depending on the subset of countries analyzed—monetary and exchange rate policies and nonfuel commodity prices …

prices should lead general price movements, and the level of commodity prices should be correlated with the general inflation … broadly support the conclusions of the model. Commodity price levels tend to be cointegrated with consumer-price inflation … rates. Commodity price movements contribute weakly to predictions of inflation rates but more strongly to predictions of …

This paper focuses on the role of debt maturity in managing the government’s incentives to use opportunistic inflation … powerful instrument to affect the time profile of the inflation tax base and, hence, to mitigate the distortions introduced by …

The possibility of reducing the real value of domestic non-indexed government debt through inflation is studied. A …

general equilibrium model, suggest that Turkey would have experienced a significantly lower inflation rate, with only a small …

Since the mid-1970s the annual inflation rate in Africa has averaged more than 15 percent, with many countries … experiencing rates of 20 percent or more. Inflation rates of this magnitude have significant adverse effects on the financial … strongly to monetary expansion as a major cause of inflation in African countries generally. Exchange rate depreciation is also …