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Forecasts of inflation in the United States since the mid eighties have had smaller errors than in the past, but those … their own "Great Moderation." For those countries that did not attain macroeconomic stability, inflation forecasting … monetary regime does, makes possible the estimation of parsimonious inflation models for all available data (eight decades for …
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The article provides estimates of short-run and medium-run exchange rate pass-through into domestic prices in Russia …
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"What is measured by the amount of money?" this question is applicable to all kinds of money at all times. The answer … can be the key to understanding money. The article offers an answer to this question. The paper considers the phenomenon … that money is a measure of generalized power in exchange and a certification of generalized power in subsequent exchanges …
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