-stressed home country, following recurring negative shocks to productivity and banking-sector balance-sheet/terminal wealth ratios …

different policy rules, we test whether the central bank in Russia reacts to changes in inflation, output gap and the exchange …

and a nominal income gap target perform better than benchmark Taylor rules in describing monetary policy in inflation …

The transition economies were remarkably successful in curbing the inflation that took place after the initial … transition and shocks and, more recently, most of the countries have brought inflation down to the levels found in major … have played an important role. The paper also surveys the literature on the quality of the inflation data, the extent to …

deflation, coupled with strong output growth. Our study establishes a stable money demand system for broad money M2. Inflation … affects the adjustment of the system towards equilibrium, and shocks to broad money are found to lead to higher inflation in …

information about future movements in inflation …