Conceptually and empirically, inflation volatility in Indonesia is a monetary and fiscal phenomenon. This study focuses … on the macroeconomic policy and public policy especially causality between two variables namely inflation and money … supply in Indonesia. This study uses Indonesian macroeconomic data of inflation and money supply from the Bank of Indonesia …

revisit claims in the literature that money growth is Granger-causal for inflation at low frequencies. Applying frequency …-specific tests in a comprehensive system setup for euro-area data we consider various theoretical predictors of inflation. A general … Granger-causal for low-frequency inflation movements, and all variables affect money growth. We therefore interpret opposite …

We use Bayesian estimation techniques to investigate whether money growth Granger-causes inflation in the United States … including money growth in simple VAR models of inflation does systematically improve out-of-sample forecasting accuracy. This …. However, the contribution of money to inflation forecasting accuracy is quantitatively limited and tends to be smaller in …