This paper examines the long-run effects of supply shocks (such as oil shocks) on inflation in the United States. The … persistence of supply shocks in U.S. inflation fell considerably during the period of Volcker’s disinflation (1979-1982). My … the behavior of inflation expectations - agents expected shocks to persist in the pre-Volcker period, but not in the post …

variables. A model of inflation is estimated as a co-integrating vector that spans nominal exchange rate and domestic output. In … the second stage, a model of inflation is estimated with first differences of the non-stationary variables, a level … variable and the co-integrating vector. Results indicate that inflation in Malawi is a result of both real and monetary shocks …

progressively opt for greater exchange rate flexibility as well as a monetary policy based on inflation targeting rather than … policies are reviewed and analyzed. Second, the theoretical sources of inflation (cost push and demand pull factors as well as … probabilities is estimated for Morocco and Tunisia to provide important information concerning the mechanisms underlying inflation …

, transparency reduces inflation and the output gap, but at the cost of higher macroeconomic volatility. …

industrialized economies a certain structure that determines the balance curve, which relates the rates of inflation and capital … cycles, creeping inflation and stagflation, and accordingly to prescribe for "diseases." …

The paper offers a new explanation for the cause of the Great Inflation by constructing a model that explicitly … separates the roles of government and monetary policymakers. A mechanism that inflation can accelerate even if an inflation … target is low is uncovered. The model solves the puzzle of the observed high inflation target during the Great Inflation and …

A standard monetary model of inflation is augmented to include import, labor, energy, and intermediate good cost …

Mismeasurement of inflation is likely to be more severe in a transition economy than in a more stable environment …