Especially, after the 2000s, many developing countries let exchange rates float and began implementing inflation … implementing inflation targeting regimes experienced considerable appreciation trends in their currencies. Might have exchange … rates been utilized as implicit tools even under inflation targeting regimes in developing countries? To answer this …

In the last decades, many developing countries abandoned their existing policy regimes and adopted inflation targeting … (IT) by which they aimed to control inflation through the use of policy interest rates. During the period before the … respect to depreciation and appreciation in order to hit their inflation targets. To that end, we analyze central banks …

Inflation can "grease" the wheels of the labor market by relaxing downward wage rigidity but it can also increase … uncertainty and have a negative "sand" effect. This paper studies the grease effect of inflation by looking at whether the … interaction between inflation and labor market regulations affects how employment responds to changes in output. The results show …

Inflation in low-income countries is often high and volatile, driven by external shocks. In addition, inflation in … stability. We estimate the drivers of inflation in Guinea since the early 2000s, a period in which the country suffered major … shocks from pandemics, commodity price movements, and multiple military coups, and during which inflation averaged 12 percent …