certain that the problems may be resolved through the reform of the federal tax and budget systems. Globalization demands to …

welfare, since it often reduces the union’s utility. In particular, we show that an inflation-neutral union will never find it …

, under the current mandate the U.S. has experienced low inflation and low unemployment, while many inflation … moderate inflation are probably not large. Third, central bankers need prodding to pursue goals other than inflation. Fourth …

globalization on inflation in both developed and developing countries, and going further for different regional clusters. The … outlier. Nonetheless, despite the mixed impact of globalization on inflation, it does not allow for inflation …This study brings new evidence on the relationship between openness and inflation. We estimate the impact of …

This paper evaluates the theoretical and empirical evidence that bears on the question of whether globalization and … petrodollars recycling contributed to significant changes in inflation performance in the U.S. We assume that the impact of … globalization can be direct and indirect. Direct impact is through the cheaper imported goods to the U.S. as a component of Consumer …