indicate that inflation follows a sluggish time path in response to supply shock as compared to demand shock of nominal nature …. Specifically, around 75 percent of long-run impact of supply shock on inflation is realized over a period of one year horizon as …This study attempts to measure the relative significance of structural shocks in explaining inflation. We use monthly …

Inflation as a phenomenon has witnessed remarkable changes starting from mid-eighties of the last century. Inflation … pull inflation as one of the major determinants of inflation has decreased due to efficient monetary policies that have … been adopted by central banks all over the world to reduce inflation based on anchoring inflation expectations. Moreover …

The Israeli Economy has served as a laboratory for the study of inflation and government policy reponse. In periods … crucial for Israel's experience of inflation, finance ministers were replaced frequently, often changing their predecessors …' policies, much to the detriment of inflation. Inflation grew from an average of less than 10% per year in the decade preceding …

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 …

dynamics in USA vs. Great Britain during 1950-2004. The common trend analysis indicates that supply shock is more important …

This paper explores some recent challenges for the inflation targeting. The circumstances are different for the … less formally the inflation targeting, in order to gain appreciation from the international financial institutions. Most of … these central banks announced the applying of a flexible inflation targeting which could mask the time-inconsistent monetary …