, what in turn means that the pressure on inflation won’t drop, despite the fact that production level has not increased as …

This paper studies inflation persistence with time-varying coefficient autoregressions for twelve central European … countries,in comparison with the United States and the euro area. Inflation persistence tends to be higher in times of high … inflation. Since the oil price shocks, inflation persistence has declined both in the US and euro-area. In most central and …

of Pakistan while inflation, interest and unemployment rates are three major indicators for destabilization. Purpose of … been estimated. The results of the study indicate that inflation, interest and unemployment rates are cointegrated. It is … found that interest and unemployment rates are both negatively related to the rate of inflation in the economy. But the rate …

coefficients with a large role for expected future inflation. Measures of marginal costs better explain U.S. inflation than does a …