the relation of Money Growth and its effect on Inflation, for the specific case of Bolivia. The text describes the … a Box-Jenkins procedure (ARMA process) that confirms the relation between Money Growth and Inflation in Bolivia using …Is inflation always explained as a monetary phenomenon? In this study, the author presents empirical evidence regarding …

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 …

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 …

This paper examines the demand for money under conditions of very high inflation in Argentina, Bolivia, Brazil, Chile …