maintaining moderate inflation, the rate of investment; aggressive effort at domestic resource mobilisation; and structural change …

macroeconomic developments regarding economic growth, inflation, external balance, the fiscal situation and aggregate savings and …

-causes inflation in the euro area. Based on data from 1970 to 2006 and forecasting horizons of up to 12 quarters, there is surprisingly … power of money growth for inflation is substantially lower in more recent sample periods compared to the 1970s and 1980s …. This cautions against using money-based inflation models anchored in very long samples for policy advice. …

This study analyses India's inflation using the Phillips curve theory. To estimate an open-economy Phillips curve, we … need three variables: (1) inflation (2) the output gap and (3) the real effective exchange rate. In India, the incorrect … composite consumer price index (CCPI) was the best measure of inflation, and should be used to construct the real effective …

inflation and welfare losses. Furthermore, uncertainty in wage determination process has risen due to a harder predictability of … inflation as one component of future real wages. This paper scrutinizes whether countries in CEE that officially announce an … inflation target are tempted to act time-inconsistently and switch from the announced inflation target to an exchange rate …

depress growth. There are other arguments related to more immediate effects of debt on inflation and national solvency …