The paper discusses the purpose, properties, and theoretical foundations of various indicators of inflation and also …

geared at containing inflation while also seeking to engender a sustainable reduction in interest rates. …

This Selected Issues paper takes a close look at the proximate determinants and short-term dynamics of inflation in … Switzerland. It identifies salient features of the inflation experience in Switzerland. The paper uses a wage-price model to gauge … the sensitivity of inflation to the business cycle and the exchange rate. The findings suggest that underlying inflation …

The econometric results show that it is feasible to estimate robust price and inflation equations for Georgia. The long …

impact of monetary and exchange rate policies on inflation, including the nature of the lags involved. It reviews …

This Selected Issues paper looks at short-term inflation dynamics in the new member states (NMS) of the European Union …, focusing on the role of monetary policy regimes. It models the determinants of inflation in the NMS and assesses how different … of NMS, evaluates their role in reducing inflation, and identifies some of their distinctive characteristics. The paper …

moderate inflation, and quantifies the disinflation costs in these countries. It compares the Russian economy with the sample … countries. The paper concludes that a relatively rapid reduction of core inflation from above 10 percent in 2002 to less than 5 …

anti-inflation policy that has led to a sharp decline in inflation. To institute a monetary policy framework, a nominal … currency in circulation, conduct more sophisticated tests to assess the relationship between inflation and the monetary …

. Despite economic sanctions imposed by Russia in 2006, Georgia’s economic growth continues to be strong, and inflation has … declined. Growth is expected to reach 9 percent in 2006 and to slow only moderately to 7–8 percent in 2007. Inflation was …