The paper examines the determinants of inflation in China.The analyses of both year-on-year and month-on-month growth data confirm that excess liquidity, output gap, housing prices and stock prices positively affecting inflation.Impulse response analyses indicate that most effects occur during...

This paper revisits the Swedish banking crisis (1919-26) that materialized as post war deflation replaced wartime inflation (1914-18). Inspired by Fisher's 'debt deflation theory', we employ survival analysis to 'predict' which banks would fail, given certain ex-ante bank characteristics. Our...