increases in domestic inflation. We show that one way to understand these episodes is as manifestations of balance of payments … accelerating fashion and, if the government targets CPI inflation, by fast increasing domestic inflation …

analyses of the relationship between projections and outcomes for growth, inflation, and three balance of payments concepts …. Statistical bias is found only for projections of inflation and official reserves. Statistical efficiency can be rejected for all …

general equilibrium model, suggest that Turkey would have experienced a significantly lower inflation rate, with only a small …

currency by keeping inflation low and steady. This paper provides evidence that monetary policy tightening aimed at maintaining … low and stable inflation could at the same time reduce consumption inequality over a 12-18 month horizon, commonly … benefit mainly from lower inflation. By contrast, the real consumption of individuals at higher ends of the consumption …

Inflation rates rose sharply in the Philippines during 2018. Understanding the demand and supply sources of inflation … pressures is key to monetary policy response. Qualitatively, indicators have pointed to evidence of inflation pressures from …-structural model to decompose the contributions of various shocks to inflation. Our main findings are (1) supply factors (mainly global …

between monetary autonomy and inflation dynamics in a panel of Caribbean countries over the period 1980-2017. The empirical … results show that monetary independence is a significant factor in determining inflation, even after controlling for … monetary policy for domestic purposes independent of external monetary influences, leads to lower consumer price inflation …