Social Security is widely believed to protect its recipients from inflation because benefits are indexed to the … which indexing Social Security benefits to the CPI-E, an experimental measure of inflation for the elderly, would change …

This paper investigates the international spillovers of government debt and the associated risk of inflation within a … inflation at the cost of the funded country. In response to these conflicting interests about inflation, inflation risk may rise … with the level of debt in the PAYG country. Higher inflation risk harms both countries. Actually, in contrast to the debt …

This paper investigates the international spillovers of government debt and the associated risk of inflation within a … inflation at the cost of the funded country. In response to these conflicting interests about inflation, inflation risk may rise … with the level of debt in the PAYG country. Higher inflation risk harms both countries. Actually, in contrast to the debt …

nonlinear and exhibits an asymmetric pattern: oil price changes have a significant effect on inflation and output when the …

This paper analyses the impact of oil price shocks on both the GDP growth and on inflation in the economy of Spain and … periods across the sample. Evidence of a diminishing effect of oil price shocks on GDP growth and on inflation is found from … GDP and between 1986 and 1994 and the 2000s for inflation. In the regions, the influence of oil price shocks on the GDP …

This paper employ monthly data to examine the empirical relationship between oil price shocks and domestic inflation … consumer prices. However, oil price shocks cause inflation to increase while oil price uncertainty does not cause an increase … in inflation. Furthermore, inflation itself causes inflation uncertainty. The findings of this study encourage the …

floating exchange rates, raising domestic inflation can increase production if credit is rationed. However, there exist … inflation thresholds: increasing inflation beyond the threshold level will reduce domestic output. Instability, indeterminacy of … high rates of domestic inflation- increases the scope for indeterminacy and economic fluctuations. …