Purpose – This paper seeks to draw together the various essential elements of the conflict inflation approach within … the context of an open economy and to highlight the importance of global external factors in explaining inflation. Design … conflicting claims equilibrium and inflation. Finally, it provides analytical reasons for believing that the focus of …

This paper looks at the determinants of inflation in Iran. Unlike the traditional estimates of the demand function for … real money balances, the approach followed here focuses on the relationship between nominal variables and inflation. The … model estimates are used to address the questions raised by the decline in inflation that occurred up to the first half of …

output growth, price inflation, wage inflation, and real wage growth vary with respect to anticipated and unanticipated … factor in differentiating the expansionary and contractionary effects of fiscal and monetary shocks. Higher price inflation …, larger price deflation, relative to inflation, moderates output contraction, relative to expansion in the face of government …

on accountability, inflation average, output gap, interest and central bank credibility. Findings – The results … highlighted that central banks with greater transparency contribute to decrease inflation rate and interest rate. The findings …

Purpose – This article aims to analyze if the adoption of inflation targeting in Brazil contributed to an improvement … in the conduction of monetary policy capable of increasing credibility and reducing inflation without an increase in the … methods, the offsetting effects of a monetary policy change on the output‐inflation and unemployment‐inflation trade …

Purpose – The purpose of this paper is to examine the impact of inflation targeting on inflation for 27 countries that … have adopted an inflation‐targeting regime. Design/methodology/approach – The paper uses intervention analysis in Harvey …'s structural time series model to analyse the impact of inflation targeting on inflation, using quarterly observations. This …

trade‐off between inflation target and public debt stability. Therefore the determination of an inflation target cannot … interest rate in an inflation targeting regime must consider the public debt stability. Originality/value – This paper makes a …