domestic currency, increases interest rates, effectively controls inflation rates and reduces output. They do not find any …

. That disorder is likely to develop long before inflation accelerates so that inflation targeting fails to protect against …

money to solve all problems and will cause accelerating inflation, a plethora of unproductive jobs, and a bond-market revolt …

. That disorder is likely to develop long before inflation accelerates so that inflation targeting fails to protect against …

- although they generate price inertia, they cannot account for the stylised fact of inflation persistence. It is thus commonly … asserted that, in the context of the new Phillips curve (NPC), inflation is a jump variable. We argue that this persistency … setting (in which real variables not only affect inflation, but are also influenced by it), standard wage-price staggering …