implication for economic policy has been the implementation of inflation targeting (IT). This paper critically raises a number of …

, however, is the incompleteness of its reform process: the boom-bust nature of its growth, persistently high inflation, delays …, to reduce inflation to single digits by the end of 2002. Since then, though, Turkey has experienced two financial crises … and redesigned its stabilization program to bring inflation down more gradually. This collection analyzes the nature of …

include the stock (and flow) of government debt, the issuance of inflation-indexed bonds, and the existence of explicit … inflation targets. Examining data from 1957 to 2001, covering 78 higher- and lower-income countries, I find that the effects of … incentive, rather than perhaps a publicized objective, to fight inflation achieve lower disinflation costs. …

This study analyzes the impact of volatility in government borrowing from central bank (GBCB) on domestic inflation in …) with bound testing technique suggest that domestic inflation in Pakistan is related with volatility in government borrowing …, inflation is also affected by volatility in GBCB. …

The study analyzes the relationship among domestic debt-inflation-domestic debt cost-external debt-external dependency … analyze the relationship between external dependence, domestic and external debt, crises, inflation, cost of domestic and … factors. As our results, increasing political instability has significant explanatory power on inflation. For the periods of …

This paper presents a political economy model of inflation as a result of social conflict. Agents are heterogeneous in … terms of income. Agents’ income levels determine their ability to hedge against the effects of inflation. The interaction of … model makes a number of predictions concerning which environments are conducive to the emergence of inflation. Inflation …

This paper applies the dynamic panel quantile regression (DPQR) model under the autoregressive distributional lag (ARDL …) specification, and examines the deficit–inflation relationship in 91 countries from 1960 to 2006. The DPQR model estimates the … impact of deficits on inflation at various inflation levels and allows for a dynamic adjustment with the ARDL specification …

Many countries routinely publish a "core" or underlying inflation rate alongside the "headline" inflation rate. In … February 2004, the National Statistics Office (NSO) began publishing an official rate of core inflation for the Philippines … analysis suggests that, compared to alternative measures of core inflation (such as a trimmed mean and weighted median measure …

In this paper we evaluate inflation persistence in the U.S. using long range monthly and annual data. The importance of … inflation persistence is crucial to policy authorities and market participants, since the level of inflation persistence … found in the relevant literature, we evaluate inflation persistence through the nonparametric Hurst exponent within both a …