Studies on Malaysia monetary policy mostly examine the effect of monetary policy change on output and inflation in … study on the effect of policy change on disaggregated inflation. This paper attempts to examine the later issue by employing … index, we find that a modest monetary policy shock results in varying degree of responses in disaggregated inflation. In …

explain inflation outcomes in Latin America. We perform a dynamic panel data analysis with an ample set of variables that … institutional arrangements – other than central bank independence – have played an important role in terms of inflation outcomes in … Latin America. Variables that may affect inflation via time consistency problems seem somewhat more relevant than those …