This article investigates the post-1990 link between broad money growth and inflation in 16 full-fledged inflation …-targeting regimes and four benchmark non-inflation-targeting regimes. This study employs the Christiano-Fitzgerald band-pass filter and …-pass filtering techniques, the link between money growth and inflation was weak and statistically nonsignificant over the …

This paper investigates the forward-lookingness of monetary policy related to stabilising inflation over time under … transition path to the full-fledged inflation targeting regime. The analysis is based on an interest rate-based hybrid monetary …-looking monetary policy rule related to inflation stabilisation. The main results show that monetary policy is fully forward …

Bolivia has achieved noteworthy success over the past 15 years in raising incomes, reducing poverty, and maintaining …

combine an inflation target, Fisher equation, policy reaction function and short and long run aggregate supply analysis to … shock to demand, a negative supply shock and dislodged inflation expectations. We also illustrate the problems of a zero …