to their increase, an unanticipated hike in policy rate has no impact on them. The impact on inflation is also symmetric … neutral to components of aggregate demand and, thus, on inflation, ranging from 6.25 per cent to 7.0 per cent. …

The main objective of this study is to investigate the long run trade-off between unemployment and inflation in Egypt … analysis confirm a positive relationship between changes in inflation rate and unemployment gap in the long run, which is … consistent with “Locus Critique” where a policy of inflation would fail to reduce the unemployment rate in the long run, because …

oil lead to domestic inflation in the United Kingdom has had validity. In a model where real GDP growth and money stock … particular, the greater the percentage increase in imported crude oil prices, the greater the domestic inflation rate. In … domestic inflation rate. …

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 …

dataset of political elites’ inflation statements and measure each statements’ information precision. I then test whether or … information precision, through its attenuating effects on inflation expectations, lowers inflation. Furthermore, I find that this …

Resurgence in Indian inflation since 2007 was associated with sharp food and oil price inflation. Propagation … rather than persistent second round price effects that caused inflation. Output remained below potential. In such a structure … generally exceeded the fall in output. A large negative demand impulse over 2010-12 constrained growth more than inflation. The …

prices of imported crude oil would lead to domestic inflation in Germany had validity. In a model where unemployment rate … changes, money stock growth, and wage growth are all allowed for, OLS estimation reveals that although the inflation rate in … during any calendar year have in the past led to significant domestic inflation for the German economy. …

Inflation has been the major global economic problem for most economies throughout the world over the last three … money. According to this hypothesis, inflation results solely from a maintained expansion of the money stock at rates in … causes inflation. In fact, this finding supports Darrat’s (1986) finding that money causes inflation in Morocco and Tunisia …

neighborhood and unobserved heterogeneity of countries of the region to analyze the effects of Policy mix on inflation, the output … mechanism of propagation of shocks affecting the level of inflation and a mecanisme for output stabilization. …