We use an agent-based computational approach to show how inflation can worsen macroeconomic performance by disrupting … the mechanism of exchange in a decentralized market economy. We find that increasing the trend rate of inflation above 3 …

inflation. We introduce a small idiosyncratic component in firms’ marginal costs and let the economywide average marginal cost …

-have been carried out at no cost to output. After suggesting a new methodology that allows for long-lived effects and inflation … combination of circumstances-i.e. capital inflows, structural reforms and the peculiar recent inflation history-can explain that …

We examine the impact of inflation on financial development in Brazil and the data available permit us to cover the …, and robust for different estimators and financial development measures – suggest that inflation presented deleterious … inequality. Therefore, low and stable inflation, and all that it encompasses, is a necessary first step to achieve a deeper and …

" to inflation, an effect that is known as exchange rate pass-through (ERPT). In particular, if an exchange rate … relatively lower ERPT in the past two decades, the exchange rate continues to be a large determinant of inflation in several …

hypothesis, and study the relative merits of changes in structure and shocks for reproducing the conquest of the Great Inflation …

We examine the impact of inflation on financial development in Brazil and the data available permit us to cover the … robust for different estimators and financial development measures-suggest that inflation presented deleterious effects on … Brazil by high rates of inflation, have detrimental effects to financial development, a variable that is important for …

We examine the impact of inflation on financial development in Brazil and the data available permit us to cover the … robust for different estimators and financial development measures?suggest that inflation presented deleterious effects on … Brazil by high rates of inflation, have detrimental effects to financial development, a variable that is important for …

Inflation and earnings growth can push some tax payers into higher brackets in the absence of inflation …-indexed schedules. Moreover, inflation may affect the composition of individuals' income sources. As a result, depending on the relative … tax burden of labor and capital, inflation may decrease or increase the difference between before and after-tax income …