whether important determinants of user innovator behavior (use experience, product knowledge, technical expertise, and the …

Correlations of inflation with the growth rate of money increase when data are averaged over longer time periods …. Correlations of inflation with the growth of money also are higher when high-inflation as well as low-inflation countries are … included in the analysis. We show that serial correlation in the underlying inflation rate ties these two observations together …

We infer determinants of Latin American hyperinflations and stabilizations by using the method of maximum likelihood to … financed by money creation and to destabilizing expectations dynamics that can occasionally divorce inflation from fundamentals …. Our maximum likelihood estimates allow us to interpret observed inflation rates in terms of variations in the deficits …

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 …

Using frequency domain techniques to separate short and long run dynamics and decomposing inflation into its common and … idiosyncratic components, we study the regime dependence of the inflation-RPV relation in Argentina and the USA. Under High … inflation, strong long-run comovement between RPV and Inflation is found for both economies, that extends to the short run …

We use an agent-based computational approach to show how inflation can worsen macroeconomic performance by disrupting … the mechanism of exchange in a decentralized market economy. We find that increasing the trend rate of inflation above 3 …

Nigeria is richly endowed with energy resources, and the Government has been making large profits from their export … development in Nigeria. A more efficient and equitable governance of the sector and management of export revenues can play a major … this transition to take place in Nigeria. …

Nigeria serves to illustrate the challenges in the transition toward IICO. This paper calls for continued attention to this …

This paper shows that in ation in industrialized countries is largely a global phenomenon. First, the inflation rates … variance share that is associated with Global Inflation is not only due to the trend components of inflation (up from 1960 to … comovement of inflation comes largely from common shocks. Global Inflation is a function of real developments at short horizons …