sub-Saharan African countries on the relative importance of fiscal and monetary determinants of inflation. Based on the … dynamic response of inflation to different shocks, including nominal public debt, results show that a number of SSA countries …

Japan has the most rapidly aging population in the world. This affects growth and fiscal sustainability, but the … potential impact on inflation has been studied less. We use the IMF’s Global Integrated Fiscal and Monetary Model (GIMF) and … advanced countries as well, but we find that deflation risk from aging is not inevitable as ambitious structural reforms and an …

advanced economies and emerging markets to quantify the effects of fiscal tightening on inflation expectations. We find that … fiscal consolidation announcements reduce inflation expectations over the medium-term (three and five-years ahead), but not …" about expected future inflation at longer horizons. The inflation anchoring role of consolidation announcements is enhanced …

This paper presents an empirical investigation of inflation dynamics in Libya over the period 1964–2010, using … cointegration and error correction models. While inflation inertia is found to be a key determinant of consumer price inflation, the … econometric results indicate that government spending, money supply growth, global inflation, and exchange rate pass-through play …

policy, along side an inflation-forecast-based monetary policy, could enhance macroeconomic stability in Colombia. The model … simulations indicate that, in addition to stabilizing output and inflation, a stronger response of the fiscal balance to excess …

money in forecasting euro-area inflation. We compare the predictive performance within and among various classes of … contains relevant information for inflation in some model classes. Money-based New Keynesian DSGE models and VARs incorporating …

Intro -- Contents -- I. INTRODUCTION -- II. TAXONOMY OF UNDERLYING INFLATION INDICATORS -- III. FEATURES OF THE …

This paper argues case that a tighter fiscal policy stance can meaningfully support central banks in fighting inflation … more effective than fiscal policy in battling inflation in open economies due to the exchange rate channel, we show that a …