initial output fall is dampened with a temporary rise in inflation, the more the adverse future effects of the reallocation of … some inflation variability, even if the only shocks in the economy are productivity shocks. The optimal variability of … inflation is small, but the costs of stabilising inflation too aggressively can be large. …

investigate influence of international integration processes on development of economy of Latvia. Latvia's incoming in EU … integration of the Latvian economy into EU, is developed. In the model international financial flows connected with Latvia and EU … integration in the EU, but on its basis it is possible to create models of regional cohesion in Europe. …

We analyse the implications of public debt on economic growth and inflation in a group of 52 African economies between … average rates of real and per capita growth are achieved when public debt reaches 60% of the real GDP and an average inflation … reduced rates of economic growth and rising levels of inflation. Our results for three specific geographical areas resemble …

-Ricardian equilibria in Spain, while the opposite is true for Germany. We interpret this as evidence for the inflation differences in these …

, public debt, budget deficit, interest rate and inflation rate, and the impact of monetary policy on public debt management …

formulated at the beginning, one also notes that inflation has a negative effect on the economic growth. These results emphasize …

neighborhood and unobserved heterogeneity of countries of the region to analyze the effects of Policy mix on inflation, the output … mechanism of propagation of shocks affecting the level of inflation and a mecanisme for output stabilization. …

opinions that the inflation target chosen at 2% by ECB for the Eurozone is too low, thereby making the whole MPS excessively … restrictive. I conclude observing that the “core” inflation-target of 2% is in fact at the very basis of the ECB non …, since the inflation target wasn’t in any jeopardy, the European Central Bank didn’t do anything. Maintaining the goal of …

data from 1996-97Q1 to 2011-12Q4. It finds that both the shocks impact real output growth and inflation in the short …. An unanticipated hike/reduction in policy rate leads to a symmetric decline/rise in inflation. An unanticipated change in … money supply leads to higher inflation, but a similar decrease in it has no significant impact on inflation. …