China has been provoked into speeding renminbi internationalization. But despite rapid growth in offshore financial … repression in domestic interest rates→to avoid an avalanche of foreign capital inflows that would threaten inflation and asset … could attract even more hot money inflows, the People's Bank of China should focus on tightly stabilizing the yuan/ dollar …

through ; China ; inflation ; markups … import prices only to a small extent, it may have a substantial impact on inflation, as it exerts a sizeable impact on the …

Since 2004, China has been backed into a situation where the renminbi is expected to go ever higher against the dollar ….S. dollar, the resulting monetary explosion in China contributes to the worldwide increase in primary commodity priceswith … excess liquidity reminiscent of the global inflation generated by the weak dollar in the 1970s. -- Inflation ; exchange rates …

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

We present new empirical evidence for the US economy that inflation reduces the inequality of the earnings distribution … higher inflation on income distribution is shown to be rather small. However, we find that a longer duration between two …

prototypical framework is that voters discount their memories about unemployment and inflation at a constant rate. Yet starting …

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 … happened had inflation been higher. Second, wages (and prices) are given in nominal contracts, and inflation affects both how …