This paper investigates the determination of inflation in the framework of an open economy forward-looking as well as … that the output gap is significant in explaining the inflation rate in almost all the countries. Furthermore, at least one … measure of international competitiveness has a statistically significant influence on inflation in all the countries. The …

characteristics points out that the economy is in the midst of supply-shock inflation fed by rapid rise in the food prices resulting …

The paper analyzes the effects of changes in consumption factor on the calculation of inflation calculation in …

future rates of inflation. The price and output gap models fare consistently better then the velocity gap model which brings … out the importance of non-monetary factors in explaining inflation dynamics in Bangladesh. The P* model can have wide …

emerged from great inflation and output instability into a period of remarkably low inflation associated with a great …

data. While core inflation is measured with the VSC, the HSC requires a new concept of demand-driven inflation: Residual … (demand) inflation, which gives the impact of short and medium run demand shocks on inflation. Core and residual inflation are …