paper, instead, shows that it is possible to analyze equilibrium inflation determination without any reference to either …

inflation, the relationship between money and capital accumulation, and the Phillips curve. We also extend the benchmark model …

agents voluntary contribute to a public good. Inflation has two effects at equilibrium: it increases voluntary contributions … high' inflation rates. Moreover, there exists an optimal inflation rate. …

rounds of QE provided a significant boost to both growth and inflation in the USA and UK, whilst the evidence on the impact … policies to generate a material revival in bank lending. Meanwhile, fears that QE would fuel a sharp acceleration in inflation …

during the Fed׳s first 100 years: the post-World War I deflation, the deflation of the Great Depression, the inflation of … World War II, and the Great Inflation of the 1970s. In terms of their macroeconomic impacts, I find that deflation was … War II was in debasing debt through inflation. I find that the main drivers of the 1970s economy were long-run changes in …