explain the dynamics of the term structure of interest rates, and the expectations of the impact on macroeconomic variables of …

Many central banks target an inflation rate near two percent. This essay argues that policymakers would do better to … target four percent inflation. A four percent target would ease the constraints on monetary policy arising from the zero … cost, because four percent inflation does not harm an economy significantly. …

variables move over time and analyzes how they influence macroeconomic variables such as economic growth, inflation, savings and …

policy has a strong and statistically significant impact on broad money, non-oil activity, and inflation in the GCC region …

of food inflation in informing inflation expectations and wage setting. Analysis suggests that in order to durably reduce …Indian food and fuel inflation has remained high for several years, and second-round effects on core inflation are … model of the Indian economy, which incorporates pass-through from headline inflation to core inflation. The results indicate …

-fledged inflation targeting, (vi) implicit price stability anchor, and (vii) inflation targeting lite. This taxonomy captures the … financial and economic development and recent inflation history. …

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

This paper explores the relationship between the constitutional entrenchment of central bank independence and inflation … by the "de jure" independence established in the central bank law, and inflation. We argue that the constitution is … constitution have a better inflation performance. …