endogeneity of money. Implicitly, the money supply process with regard to Turkish inflation is unpredictable with respect to the … past history of prices, i.e. either inflation or currency depreciation. Therefore, the Turkish monetary regime may be …

The paper explores a fundamental mechanism of inflation by explicitly including a governmentfs optimization problem … into a general equilibrium model assuming a Leviathan government. The result is clear- cut and beautiful: inflation is … that explains various types of inflation, e.g. hyperinflation, chronic inflation, disinflation and deflation, by this …

This paper focuses on internal and external factors, which influence the inflation rate in developing countries. A … monetary model of inflation rate, capable of incorporating both monetary and fiscal policies as well as other internal and … determinants of inflation. Furthermore, most sources of inflation in these countries are domestic factors. …

This paper focuses on internal and external factors, which influence the inflation rate in developing countries. A … monetary model of inflation rate, capable of incorporating both monetary and fiscal policies as well as other internal and … to a higher price and that the fiscal policy is very effective to fight inflation. The major factors affecting inflation …

.0% of GDP. The maximal amount of seigniorage revenue that can be extracted at a constant rate of inflation is not far from …

their real balances according to expected inflation, which is the negative of the real rate of return to money. But these … government's reliance on seignorage reduces rather than raises the steady-state inflation rate. This paper proposes an … of inflation, and can ultimately cause a hyperinflation. The model also mimics the non-monotonic path of real balances as …

The runaway inflation in Bolivia from 1982 to 1985 was different from that in most other countries by not being related … analyzed from the public choice point of view. Three conditions explain Bolivia's runaway inflation: a central bank with the …-back in foreign loans and aid can trigger a runaway inflation. …