money and inflation. When analysing the full sample of countries we find a strong positive relation between the long …-run inflation and money growth rate. The relation is not, however, proportional. The strong link between inflation and money growth … is almost wholly due to the presence of high (or hyper-) inflation countries in the sample. The relationship between …

money and inflation. When analysing the full sample of countries, we find a strong positive relation between long …-run inflation and the money growth rate. The relation is not proportional, however. The strong link between inflation and money … growth is almost wholly due to the presence of high-(or hyper-) inflation countries in the sample. The relationship between …

current operating procedures and make monetary policies more effective in fighting inflation. …

This paper explores the impact of the exchange rate regime on inflation and output in the Central and Eastern European … exchange rate stability have a better explanatory power than the de jure measures in the inflation and growth equations. For … the whole observation period the estimations reveal a significant impact of exchange rate stability on low inflation as …