Inflation in advanced economies is low by historical standards but there is no threat of deflation. Slower economic … growth is caused by supply-side constraints rather than low inflation. Below-the-target inflation does not damage the … reputation of central banks. Thus, central banks should not try to bring inflation back to the targeted level of 2%. Rather, they …

This paper investigates the impact of the money supply in different states of inflation and economic growth in South … different states of inflation and economic growth. Moreover, the use of shock accounts for time-varying elasticity. It is found …, the money supply was insignificant. The money supply had a negative and a positive impact on inflation in states 1 and 2 …

the period January 2002-June 2017 and implement cointegration analysis and VEC model. The empirical results suggest that …

regulations (which led to a deep decline in the money multiplier). However, there are numerous signs in both the real and …

the effects of remittances on economic growth. The bound test approach of cointegration and the error correction model … (ECM) under the autoregressive distributed lag (ARDL) model is employed as the estimation technique. Our findings reveal …

show that the Tobin effect is always operative. Under CRRA (constant relative risk aversion) preferences, a mild degree of … social increasing returns is sufficient (but not necessary) for some positive inflation to dominate zero inflation and for … the Friedman rule to be suboptimal, irrespective of the degree of risk aversion …

Inflation in advanced economies is low by historical standards but there is no threat of deflation. Slower economic … growth is caused by supply-side constraints rather than low inflation. Below-the-target inflation does not damage the … reputation of central banks. Thus, central banks should not try to bring inflation back to the targeted level of 2%. Rather, they …