adjustment rule, under alternative inflation targets, in terms of output losses in a macroeconomic model, using European Union … credibility, and that a positive inflation target, as opposed to zero inflation, leads to higher and less volatile output. These … countries supports country-specific flexible inflation targeting …

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 since 2010 have led to a reevaluation of Brazil’s long-term potential growth rate. Growth accounting suggests that …

rate regime and economicperformance. The paper argues that adopting a pegged exchange rate canlead to lower inflation, but …

, inflation has risen sharply. Policymakers in advanced economies will have to continue to support financial markets and balance … risks to real activity with the need to anchor inflation. Emerging Europe is well placed to continue to grow, albeit at a …