data from 1996-97Q1 to 2011-12Q4. It finds that both the shocks impact real output growth and inflation in the short …. An unanticipated hike/reduction in policy rate leads to a symmetric decline/rise in inflation. An unanticipated change in … money supply leads to higher inflation, but a similar decrease in it has no significant impact on inflation. …

This paper reports on research into the negative relationship between inflation and the markup. It is argued that this … relationship can be thought of as ‘long-run’ in nature which suggests that inflation has a persistent effect on the markup and …, therefore, the real wage. A ‘rule of thumb’ from the estimates indicate that a 10 percentage point increase in inflation (as …

This paper surveys the dynamics of inflation and money growth in IRAN economy since 1990. We use the error correction … interaction among money growth, economy growth and inflation rate in the short-run and long-run. The sample of data has been since … 1990:Q2 to 2011:Q1. And the results of estimation show that, inflation is not a monetary phenomenon, but it is mainly Cost …

to their increase, an unanticipated hike in policy rate has no impact on them. The impact on inflation is also symmetric … neutral to components of aggregate demand and, thus, on inflation, ranging from 6.25 per cent to 7.0 per cent. …

liberalization until the South African Reserve Bank (SARB) moved to the official inflation-targeting regime. The effect of house …