three dominant policy strategies of money targeting, exchange rate targeting and inflation targeting. Several of the lessons …

objectives in the implementation of monetary policy (concerning inflation and unemployment) is the interest rate. Furthermore …. As inflation, unemployment and interest rates are determinants of the level of poverty, the central bank's behaviour is …Nowadays, with the diffusion of inflation targeting, the main instrument that central banks use to achieve final …

(EMU), the first step sees development of a Post-Keynesian competitive claims model of inflation with endogenous money. In … banks. In the long run, however, the NAIRU will follow actual unemployment and is therefore also dependent on the forces … inflation above the ECB target. Economic performance will improve if the ECB abandons its asymmetric monetary strategy. This may …

Low price inflation is an official monetary policy target in many countries because of the positive effects it may … generate on economic growth. However, if nominal wage rigidities exist, low price inflation may have a negative effect on … economic growth. In this paper we test whether there exists a minimum level in the wage inflation ratefor a number of European …

The relationship between central banks and inflation is considered in order to disprove existing studies which state … existing studies, no attempt has been made to examine effects of any third factors. Results reveal that inflation is …

consistent with the Italian government's inflation targets following the abandonment of the European Exchange Rate Mechanism in …

economic performance. The degree of central bank independence is said to determine cross-country inflation differences. However …, several factors have been raised that cast doubts on such a relationship. First, the link between independence and inflation …-country inflation differences. This paper investigates the stylised facts regarding central bank independence and inflation performance …

inflation rate is negated by results of a study of two leading banking institutions. The subject banks are the Bank of Japan … analysis of data shows that the Japanese bank performed much better in inflation control than the latter despite the latter …'s freedom to set the long-run inflation rate. …

The problem of mounting public debt should be attributed to the inability to control inflation instead of restricting … public expenditures as many economists would suggest. The use of inappropriate monetary and fiscal tools to control inflation … anti-inflation plan, among others, should be tried out. …

Although in the current climate of inflation most are concerned with its negative repercussions, its virtues as a means … of growth were once extolled by the likes of Robertson, Kaldor and Rostow. Moreover, the notion of growth via inflation … inflation may be conducive to growth, this hypothesis has yet to be empirically tested. The author analyses a broad cross …