This paper employs a stylized New Keynesian DSGE model for a monetary union to analyze whether cyclical inflation … the fraction of borrowers and to a lesser extent the loan-to-value ratio - generate inflation differentials that are … characteristics of financial markets should be seen as a possible alternative explanation for the observable inflation dispersion in …

supply disturbances, the stabilisation costs of renouncing monetary autonomy diminish with a flatter output-inflation …

inflation and GDP growth might have been slightly higher if Sweden had been a member of EMU since the launch in 1999, but also …

the study is to examine the causality between exchange rate, trade, inflation, FDI and GDP through a series of models. On … rate and inflation, but there exists long-run equilibrium relationship between exchange rate and trade. There is also long …

argue that inflation targeting with floating rates is better suited than hard pegs to manage the price level catching …-up process. We suggest a modification in the Maastricht inflation criterion which as currently defined has lost its economic …

This paper investigates the international spillovers of government debt and the associated risk of inflation within a … inflation at the cost of the funded country. In response to these conflicting interests about inflation, inflation risk may rise … with the level of debt in the PAYG country. Higher inflation risk harms both countries. Actually, in contrast to the debt …