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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. …
Persistent link: https://www.econbiz.de/10005769262
reducing inflation from three-digit annual rates in the 1990s to single-digit territory in 2004. The paper also discusses the …
Persistent link: https://www.econbiz.de/10014400741
Supporting Studies for the World Economic Outlook, prepared by IMF staff, provide a more detailed analysis of issues recently covered in the main pubication. The current edition includes studies of globalization and growth, the future of the international financial system, currency crises,...
Persistent link: https://www.econbiz.de/10014404467
The paper discusses the purpose, properties, and theoretical foundations of various indicators of inflation and also …
Persistent link: https://www.econbiz.de/10011245099
geared at containing inflation while also seeking to engender a sustainable reduction in interest rates. …
Persistent link: https://www.econbiz.de/10011245004
the inflation tax. Accordingly, continued effort is likely to be needed to attain a fiscal position that is sustainable …
Persistent link: https://www.econbiz.de/10005248177
This Selected Issues paper takes a close look at the proximate determinants and short-term dynamics of inflation in … Switzerland. It identifies salient features of the inflation experience in Switzerland. The paper uses a wage-price model to gauge … the sensitivity of inflation to the business cycle and the exchange rate. The findings suggest that underlying inflation …
Persistent link: https://www.econbiz.de/10005825084
The econometric results show that it is feasible to estimate robust price and inflation equations for Georgia. The long …
Persistent link: https://www.econbiz.de/10005825215
impact of monetary and exchange rate policies on inflation, including the nature of the lags involved. It reviews …
Persistent link: https://www.econbiz.de/10005825354
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 …
Persistent link: https://www.econbiz.de/10008542985