Mechanism (ERM) of the European Monetary System can be expressed as a stable function of ERM-wide income, inflation, interest …

The paper evaluates whether a monetary aggregate can serve as a useful predictor of inflation, using recent … of return variables. However, deviations of M2 from its long-run equilibrium value do not significantly enhance inflation …. Nevertheless, changes in M2 do contain information about future inflation, consistent with the view that the demand for money …

This Selected Issues Paper on Iran reviews that monetary factors are the main determinants of inflation in the country … growing discontent with inflation, however, has compelled policymakers to focus on this issue, bringing it to the forefront of …

environment, inflation fell significantly to 2¾ percent in 2004—the lowest inflation rate since the early 1970s. The return of …

impact of monetary and exchange rate policies on inflation, including the nature of the lags involved. It reviews …