and so on domestic wage and price inflation. In this paper we show that, in a model which is 'super-neutral' and has … exchange rate does not succeed in cutting the output costs of reducing steady-state inflation. Those output and unemployment …. Relative to other policies which achieve the same effect on steady-state inflation, exchange rate overshooting brings inflation …

The paper studies the solvency of the Indian public sector and the eventual monetization and inflation implied by …

This paper analyses how the output or unemployment cost of achieving a sustainable reduction in the rate of inflation … ratio. Without sluggishness in the core inflation rate, a zero sacrifice ratio can be achieved simply through intelligent … demand management. With sluggish core inflation, the sacrifice ratio is positive unless intelligent demand management is …

consequences 0 cots in public spending for the rate of inflation. Monetary financing is viewed as the residual financing mode, with … public consumption spending will lower the inflation rate n the revenue-efficient region of the seigniorage Laffer curve …. When there are cuts in public sector capital formation , the inflation rate ran rise even in the seigniorage …

This paper analyses how the output or unemployment cost of achieving a sustainable reduction in the rate of inflation … ratio. Without sluggishness in the core inflation rate, a zero sacrifice ratio can be achieved simply through intelligent … demand management. With sluggish core inflation, the sacrifice ratio is positive unless intelligent demand management is …

formation and inflation in a number of small, classical macroeconomic models. This amounts to reworking some of the government … crowding-out pressure it represents. A better measure would be the inflation-and-real-growth-corrected, cyclically adjusted …-Wallace "paradox" - in the variable velocity model ,lower monetary growth now may mean higher inflation now and in the future -has its …