Although accommodative policies and widespread indexation may account for the persistence of high inflation, they … cannot explain changes in the inflation rate. This paper examines the causes of such changes for the high-inflation episodes … immediately preceding the recent “heterodox” attempts at stabilization in Argentina, Brazil, and Israel. An attempt is made to …

, and Israel support a negative statistically significant relationship between credit and inflation for Mexico, Argentina …This paper examines the behavior of private sector credit in chronic inflation countries that undergo exchange rate …-based inflation stabilizations. It concludes that these programs are characterized by a strong increase in private sector credit, both …

This paper examines the demand for money under conditions of very high inflation in Argentina, Bolivia, Brazil, Chile …

Zimbabwe has currently the highest rate of inflation in the world (an annual rate of 1,730 percent in February, 2007 …). The high rates of inflation have contributed to the contraction of the economy, which has declined by about 30 percent … since 1999. This paper examines the stabilization experience of countries that experienced similar rates of inflation (above …

This paper uses a pairwise approach to investigate the main factors that have been driving inflation differentials in … the Gulf Cooperation Council (GCC) region for the past two decades. The results suggest that inflation differentials in …

, conventional measures tend to severely overstate short–run output decline and inflation. In part the overstatement stems from … neglect of private sector activity, or from belated recognition of inflation previously disguised as quality improvements …. Superior growth and inflation indices are devised using a combination of official and black market prices …