Tiny changes in the American monetary policy can have dramatic effects on the rest of the world because of its double …

Tiny changes in the American monetary policy can have dramatic effects on the rest of the world because of dollar …

seigniorage finance. This leads to an increase in inflation which, in turn, reduces capital accumulation and growth. At the …

Our paper investigates the unexplored impact of education on inflation and of this relationship on economic growth. By … average schooling years of the working population have a significant negative impact on inflation rates after controlling for … the effects of the stance of domestic monetary policy. We also show that the negative impact of inflation on growth in …

In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output …

are both new and surprising. There are both extensive and intensive margins to currency substitution, and inflation may …