affect inflation. Likewise, the interaction between central bank independence and coordination does not affect unemployment. …

This paper examines the distributional implications of inflation on top income shares in 12 advanced economies using … data over the period 1920-2016. We use Local Projections to analyze how top income shares respond to an inflation shock …, and panel regressions in which all variables are defined as five-year averages to examine the impact of inflation on the …

We analyse whether central bank independence (CBI) affects inflation in developing countries. For this purpose we have … after high inflation countries are added to the sample. …