Fiscal deficits, elevated debt-to-GDP ratios, and high inflation rates suggest hyperinflation could have potentially … functions show that increased uncertainty caused a rise in inflation contemporaneously and for a few months afterward in GAPH … elevated economic uncertainty directly affected inflation dynamics and the incidence of hyperinflation during the interwar …

This paper estimates a time-varying AR-GARCH model of inflation producing measures of inflation uncertainty for the … policy regime change associated with the start of EMU in 1999. The main findings are as follows. Steady-state inflation and … inflation uncertainty have declined steadily since the inception of EMU, whilst short-run uncertainty has increased, mainly …

happened had inflation been higher. Second, wages (and prices) are given in nominal contracts, and inflation affects both how …This paper reviews the literature on the effects of low steady-state inflation on wage formation, focusing on four … different effects. First, under low inflation, downward nominal wage rigidity (DNWR) may prevent real wage cuts that would have …

independence and inflation. Making use of data on the evolution of central bank independence over time and controlling for possible … country's inflation performance. Examining a cross-section of up to 69 countries, we are able to show that granting a central … bank more autonomy does not necessarily lead to better inflation performance. To lower inflation by increasing independence …

changeover, Italian retailers have increased the number of price adjustments, which has translated into a higher inflation rate …

and beyond the determinants of currency invoicing (i.e., inflation rate, inflation volatility, foreign exchange market … by a drop in inflation volatility. …

This study evaluates the role market competition plays in determining inflation based on sector-level data from OECD … countries. In theory, trade openness can affect inflation through changes in market competitiveness and productivity … of market competition. This study shows that inflation decreases with greater market competitiveness even after …

import prices only to a small extent, it may have a substantial impact on inflation, as it exerts a sizeable impact on the … USD from 2005 to 2008 on the prices charged by US producers. As the RMB during that time was pegged to a basket of … affected US prices. Thus, the pre-2005 period is used to filter out the effects of other exchange rates on import and producer …

compares price inflation before the crisis with the necessary and actual price cuts that have taken place since the outbreak of … the crisis, predicting a decade of stagnation for the south and inflation for the north. Keynesian demand policy is … counterproductive in the south and unnecessary in the north. The necessary realignment of relative goods prices and current account …

intermediate inputs for economies in the Asia-Pacific region and examine the impact on domestic producer prices of changes in costs …Some observers argue that increased real integration has led to greater co-movement of prices internationally. We … networks. Starting with country-level data, we find that both producer price and consumer price inflation rates move more …