of inflation targeting in 1992 or central bank independence in 1997), we instead take a longer perspective, which … alter the monetary base; and the adherence by policymakers in the 1960s and 1970s to nonmonetary views of the inflation …

Ireland and Switzerland both had rising inflation during the early 1970s, but their experiences diverged thereafter, so … that they form a rare example of two countries whose inflation rates are poorly correlated with one another over the Great … Inflation period. In addition, each of the two countries' records is anomalous in important respects relative to other economies …

We argue that the Great Inflation experienced by both the United Kingdom and the United States in the 1970s has an … common doctrine underlying the systematic monetary policy choices in each country. The nonmonetary approach to inflation …

We argue that the Great Inflation experienced by both the United Kingdom and the United States in the 1970s has an … common doctrine underlying the systematic monetary policy choices in each country. The nonmonetary approach to inflation …