affect inflation. Likewise, the interaction between central bank independence and coordination does not affect unemployment. …

This paper assesses the adjustment of inflation with financial dynamic fundamentals of money (financial depth), credit … between inflation and the fundamentals. (2) The error correction mechanism is stable in all specifications but in case of any … disequilibrium, only financial depth is significant in adjusting inflation to the long-run relationship. (3) In the long-run, short …

paper proposes an "inflation uncertainty theory" in providing theoretical justification and empirical validity as to why … French civil-law countries have higher levels of financial allocation efficiency. Inflation uncertainty, typical of floating …