This paper attempts to explain short- and long-term dynamics of-and forecast-inflation in Tajikistan using the Vector … demonstrates that the exchange rate and international inflation have a strong impact on local prices. Available monetary …

We investigate the properties of Johansen's (1988, 1991) maximum eigenvalue and trace tests for cointegration under the …

the inflation tax. Accordingly, continued effort is likely to be needed to attain a fiscal position that is sustainable …

This paper extends a small linear model of the Israeli economy to allow for nonlinearities in the inflation …

Under a flexible inflation targeting regime, should policymakers avoid any reaction to movements in the foreign … exchange market? Using data for six advanced open economies explicitly targeting inflation, the paper examines empirically … monetary policy responses in inflation-targeting, open economies have changed significantly, as the institutional framework for …