The paper discusses the purpose, properties, and theoretical foundations of various indicators of inflation and also …

finds that higher credit-to-GDP ratios are associated with stronger creditor rights and lower inflation, and that the … marginal effect of improvements in creditor rights protection is declining as the rate of inflation increases. The analysis … suggests that in a high inflation environment, controlling inflation and reducing macroeconomic volatility should be given …

fiscal theory of the price level, but we do not find supportive evidence. The results suggest that the risk of a debt-inflation … predictions of a forward-looking model of inflation. Wealth effects of public debt could also affect inflation, as posited by the … inflation. …

inflation and posed a price puzzle insofar their evolution was not responsive to record low interest rates, double digit … commodities inflation, and sharp exchange rate depreciation. Commodities prices were shown to be driven by one common trend … accelerating commodities price inflation, subsequent world recession, and financial disorder; or tighten monetary policy with …

inflation when there is no perceived commitment to reduce the fiscal deficit. The model is based on a modified version of the … current consumption leads to an equal increase in inflation. The timing of this increase varies with the size of the deficit … inflation. Three policy conclusions are offered. …

some of the area's institutional features, which may impart considerable persistence to area-wide inflation, caution … against shifting to conventional inflation targeting. But the time series evidence also seems to point to a relatively loose … connection between variations in nominal money growth and inflation in the short to medium run. As a consequence, effective …

of inflation. Differences between the rate of inflation and currency depreciation (over- or undershooting of the exchange …

-causes inflation in the euro area. Based on data from 1970 to 2006 and forecasting horizons of up to 12 quarters, there is surprisingly … power of money growth for inflation is substantially lower in more recent sample periods compared to the 1970s and 1980s …. This cautions against using money-based inflation models anchored in very long samples for policy advice. …