This paper explores the impact of the exchange rate regime on inflation and output in the Central and Eastern European … exchange rate stability have a better explanatory power than the de jure measures in the inflation and growth equations. For … the whole observation period the estimations reveal a significant impact of exchange rate stability on low inflation as …

This paper investigates inflation thresholds that lead to higher growth rates using five-year averages of standard … countries: (i) the catch-up effect has worked only when inflation is below 12%; (ii) the positive effect of human capital on … growth has been present and significant when inflation has been below 15%; (iii) financial development has been effective …

the inflation rate. Using five-year averages of standard measures of financial development, inflation, and growth for 84 … countries from 1960 to 1995, a series of rolling panel regressions show that there is an inflation threshold for the finance …-growth relationship that lies between 13 and 25 percent. When inflation exceeds the threshold, finance ceases to increase economic growth …

by the announcement of inflation targeting in 1991 when estimating the effects of monetary policy. For instance, we find …

Inflation differentials within European Monetary Union (EMU) are increasingly seen as exerting adverse effects on the … euro-area economies, in particular to those with relatively high inflation rates. Using three simple measures of …

Inflation differentials within European Monetary Union (EMU) are increasingly seen as exerting adverse effects on the … euro-area economies, in particular to those with relatively high inflation rates. Using three simple measures of …

This paper sheds new light on the role of inflation regime in explaining the extent of exchange rate pass-through (ERPT …) into import prices. In order to classify his sample of 24 developing countries by regimes of inflation, Barhoumi [(2006 …”, Economic Modeling, 23 (6), 926-951.] chose an arbitrary threshold of 10% to split sample between high and low inflation regimes …

inflation rate, both on the global and the individual-country level. -- international reserves ; inflation ; panel data analysis …

This paper studies monetary policy rules in a small open economy with Inflation Targeting, incomplete pass-through and …