Central bankers are raising interest rates on the assumption that wage-push inflation may lead to stagflation. This is …

and inflation rates. Building on the lessons from recent advances in time-series econometrics, we suggest instead that one …

. A two-part process is important given the considerable inflation at zero when analysing financial problems. The model is …

revealed that increased inflation and Bank Rates, related to the cost-of-living crisis, were associated with greater …

inflation observed in the European catching-up countries, which suggests that other factors may be at play. In these and related … non-traded sectors) on the dual inflation differential is more than twice as large as that in the "flexible" countries. We … conclude that, in a catching-up country, premature euro adoption may foster excess inflation, beyond that which is to be …

stickiness and price dispersion. We demonstrate that calculations of price inflation require conditioning not only on CPU quality …

This paper evaluates the success of Inflation Targeting on inflation and growth on a large panel data set of both … evidence to show that the support for a successful Inflation Targeting policy is very weak or non-existent. We use various … the process by which inflation targeting is hypothesised to influence inflation and growth, Section 3 surveys this …

bigger government reduced it, with the effects of inflation being statistically insignificant. Politically, the efficacy of …