measures have also loomed over the global recession. This paper highlights the theoretical fallacies of monetarism and analyzes …

models, prices are sticky by assumption. Here it is a result. We use search theory, with two consequences: prices are set in …

official simple-sum monetary aggregates with monetary aggregates consistent with economic index number theory, such as Divisia … theory, and monetarist economomics. Research and data on Divisia monetary aggregates are available for over 40 countries …

-run nor in the long-term and; (2) with the exception of financial size that impacts inflation in the EAMZ in the short …

transmission channels by which the purchases can be expected to affect economic activity and inflation. Then we assess the effects …

-run nor in the long-term and; (2) with the exception of financial size that impacts inflation in the EAMZ in the short …

This paper presents a model that pictures how inflation is determined in a decentralized market process where prices … setters of sequential contracts. An important property of the model is that inflation thus can be explained without any … reference to the quantity of money.Following up the finding that inflation is determined in a coordination game, it is …

The magnitude of the rise in inflation rate in Indonesia during the height of the 1997 financial crisis was among the … hypotheses of inflation and compares and contrasts the sources of price changes during the pre- and post-1997 financial crisis … two key monetary determinants of the inflation in the country. …

This paper proposes a measure of real-time inflation expectations based on metadata, i.e., data about data, constructed … from internet search queries performed on the search engine Google. The forecasting performance of the Google Inflation … Search Index (GISI) is assessed relative to 37 other indicators of inflation expectations – 36 survey measures and the TIPS …