This study examines money demand and inflation dynamics in the Islamic Republic of Iran using quarterly data for the … long-run money market equilibrium condition is identified and the short-run behavior of the inflation, measured in terms of …/01-2001/02 buoyed the demand for domestic money and contributed to the decline in inflation. Tests of model stability do not point to a …

This paper classifies countries that define their monetary policy framework by an inflation target into full …-fledged inflation targeters, eclectic inflation targeters and inflation targeting lite regimes. This classification is based on … indicators of the clarity and credibility of the commitment to the inflation target. The three regimes can be viewed as …

transmission of inflation from India. Because the Nepali currency is pegged to the Indian rupee and the two countries share an open … border, price developments in Nepal would be expected to mirror to those in India. The results show that inflation in India … and inflation in Nepal tend to converge in the long run. Our estimates indicate that the passthrough of inflation from …

This study establishes a framework for analyzing the major determinants of inflation in the Islamic Republic of Iran …, and goods. Results strongly support the need for a sustained prudent monetary policy in order to reduce inflation and … inflation that, in turn, intensifies asset substitution (from money to foreign exchange), thereby weakening real demand for …

lowering inflation. Such recent developments have brought to the forefront the idea that freely mobile capital, independent … all three. Inflation-targeting regimes being adopted by many countries provide a way of resolving this dilemma. …

The paper analyzes the forces driving inflation in the new EU10 member countries. A significant part of headline … inflation in these countries is due to common factors, such as price level convergence and EU integration. However …, idiosyncratic factors have also played a role in the inflation process. These factors are related to the country-specific financial …