public expenditure boom. Despite two heavy inflation episodes, inflation and the emerging high current account deficit seem … the real effective exchange rate and the unclear consequences of the past commodity price boom. Tolerated high inflation …

inflation in most of the EU member states. At the same time, wages-in part, wages of the unskilled-are relatively losing ground … extent recent inflation trends are attributable to the constraints imposed by the monetary union-namely negative demand … impact of seasonal effects on inflation, in the context of the Greek socalled traditional petit-bourgeois capitalism. Fourth …

choices matter for output volatility and the medium-term level of inflation. Greater monetary independence is associated with … associated with a higher level of inflation while greater exchange rate stability and greater financial openness could lower the … inflation rate. We find that trilemma policy configurations affect output volatility through the investment or trade channel …

affect output growth volatility, inflation rates, and the volatility of inflation, with focus on developing economies. Some …) greater monetary autonomy is associated with a higher level of inflation while greater exchange rate stability and greater … financial openness could lower the inflation level; (iii) a policy pursuit of stable exchange rate while financial development …

output growth and inflation, and medium term inflation rates. Some key findings for developing countries include: (i) greater … inflation while greater exchange rate stability and greater financial openness could lower the inflation level; (iii) a policy … the level and the volatility of inflation. …

output growth and inflation, and medium term inflation rates. Some key findings for developing countries include: (i) greater … inflation while greater exchange rate stability and greater financial openness could lower the inflation level; (iii) a policy … the level and the volatility of inflation. …