The inflation phenomenology offers to the author the occasion to perform a theoretical, i.e. an abstract analyze, that …

inflation as a measure of the price level. In addition, the study sought to evaluate ipso facto the extent to which monetary … policy has influenced inflation by reducing price volatility and expectation towards zero. The study applied the maximum … likelihood estimator in addition to the GARCH (p, q model) to estimate the steady state model of inflation. As a measure of …

English Abstract: This paper explores some recent challenges for the inflation targeting. The circumstances are … adopted more or 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 …