structural changes would provide a good empirical description of the classical model of inflation for Spain over this long period …. The principle testable implication is that money growth and inflation are cointegrated, ruling out speculative bubbles in … the Spanish inflation rates. …

testing approach to cointegration. Empirical results indicated that inflation in Nigeria proxied by CPI exhibited a strong … degree of inertia. The econometric results showed that past inflation and average rainfall appeared to have been the main … supply in the inflation process, lending credence to the dominance of the monetarist proposition on inflation dynamics in …

This study investigates asymmetry in the impact of domestic inflation drivers in the Baltic States, focusing on the … affect the inflation rate by employing a nonlinear autoregressive distributed lag approach (NARDL) and the Phillips curve …. Empirical results demonstrate the long-run asymmetry as inflation in Estonia and Lithuania responds more significantly to …

This paper examines the long-run validity of purchasing power parity (PPP) for four high-inflation countries. The …, during the recent floating exchange rate period, PPP holds well, at least in a weak form, in high-inflation countries where …

This paper analyzes relationships among money, barter, and inflation in Russia during the transition period. Following … contributed to generating persistent inflation and output decline in Russia …

This paper analyzes relationships among money, barter, and inflation in Russia during the transition period. Following … contributed to generating persistent inflation and output decline in Russia …

ambiguous effects w.r.t. to the impact of capital market risk as well as inflation risk, which is due to the interplay of … response to positive changes in inflation risk and capital market risk, respectively, with both effects lasting permanently. …