richer macroeconomic dynamic that provides for a better understanding of fluctuations in output and inflation. De Grauwe …

in ERPT to CPI inflation for the Finnish economy. Within a logistic smooth transition framework, our investigations …

. Quantitative goals take three forms: exchange rates, money growth rates, and inflation targets. We analyze the effects on inflation … determinants of inflation (such as fiscal policy, the business cycle, and openness to international trade), and the endogeneity of … systematically and robustly associated with lower inflation. The exact form of the monetary target matters somewhat (especially for …

while using redefined monetary aggregates. It is found that neither the velocity of money nor the character of inflation in … nominal changes between inflation and real changes is shortly mentioned. …

recursive interaction with inflation as integral to it. This treatment underlay both his 1920s work on the business cycle as a … deployment of his analysis of expected inflation on nominal interest rates, and, indirectly, in its espousal of the case for …