This paper re-examines the relationship between inflation, inflation volatility and growth using cross-country panel … data for the past 30 years. With regard to the level of inflation, we find that in contrast to current findings, which are … negative correlation between inflation and income growth for all but very low inflation countries. To examine the role of …

A number of recent studies have suggested that activist stabilization policy rules responding to inflation and the … output gap can attain simultaneously a low and stable rate of inflation as well as a high degree of economic stability. The …

A number of recent studies have suggested that activist stabilization policy rules responding to inflation and the … output gap can attain simultaneously a low and stable rate of inflation as well as a high degree of economic stability. The …

A number of recent studies have suggested that activist stabilization policy rules responding to inflation and the … output gap can attain simultaneously a low and stable rate of inflation as well as a high degree of economic stability. The …

perceptions regarding the outlook for inflation and unemployment at the time policy decisions were made. The evidence suggests …

In recent years, activist monetary policy rules responding to inflation and the level of economic activity have been … advanced as a means of achieving effective output stabilization without inflation. Advocates of such policies suggest that … capacity as the primary underlying cause of the 1970s inflation and suggests that apparent differences in the framework …

A monetary policy strategy that keeps inflation expectations solidly anchored in line with a clearly communicated … nominal anchor succeeds in taming inflation scares and allows the Fed to respond more effectively to economic downturns. This … was a key policy message in Marvin Goodfriend’s 1993 article “Interest Rate Policy and the Inflation Scare Problem: 1979 …