, the collapse of the Bretton Woods system, the Great Inflation, the Latin American hyperinflation(s), the Great Moderation … until the highest global inflation spike in two generations which started in 2021. The book covers these dynamics in … higher inflation, lower economic growth, larger budget deficits, increased private sector debt and greater global economic …

inflation, which makes it largely susceptible to shocks. Second, a high integration of macroeconomic variables, in the long term … well as NEER but not EXR. This suggests that the presence of inflation most likely exposes these economies to external …. The study advocates that governments and policymakers should deploy efficient inflation-targeting monetary policies to …

up with a strategy on how to best manage the economy and deal with the fallout of the public health shock, especially on …

Euro Area economies to a one percent shock in government consumption and business confidence. The evidence suggests that … even though the response to a government consumption shock is strong, a shock in expectations has an even greater effect …