switches that either affect the inflation target or the response to inflation deviations from target lead to different … determinacy regions and different output, inflation, and interest rate distributions. With regime switching, the standard Taylor … determinacy. Switching inflation targets primarily affects the economy 's level, whereas switching inflation responses affects the …

A large literature has established that the Fed's change from a passive to an active policy response to inflation led … to U.S. macroeconomic stability after the Great Inflation of the 1970s. This paper revisits the literature's view by … confirm the literature's view. Our estimated model shows an active policy response to inflation even during the Great …

an active response to inflation led to U.S. macro-economic stability after the Great Inflation of the 1970s. We revisit … this view by estimating a staggered price model with trend inflation using a Bayesian method that allows for equilibrium … demonstrates an active response to inflation even in the Great Inflation era, during which the U.S. economy was likely in the …

We examine the effect of inflation variability and economic growth using annual historical data on both developing and … inflation variability by the five-year coefficient of variation of inflation, we obtain the following results: (1) For … developing countries, there is significant evidence to suggest that when the rate of inflation exceeds 10% inflation variability …

monetary policy variables impact inflation, output, money supply, and the financial sector in India. Our results for the period … that monetary policy is more efficient in explaining the variations in inflation rather than stimulating output indicating …

volume, an early exit, and a faster exit from the program on output and inflation in the euro area. Model simulations showed … that economic growth and inflation rates would decrease in all three scenarios. However, the effects of the scenario with … particular, an early exit from the program should significantly affect inflation rates, an effect that the European Central Bank …

situation helps to explain the surge in the country's inflation and its very high growth in financial condition from late 2007 …

shows a strong negative effect of inflation on growth for the OECD countries, one that decreases marginally as the inflation … rate rises. The APEC results show some evidence of the inflation rate effect, with a significant negative impact at higher … inflation ranges. Segmenting the sample by country, according to average inflation rates, results in a stronger effect of …