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increases and decreases in global energy and food prices, exchange rates, and money supply which cause inflation/deflation from … significantly. Meanwhile, the increase in global food prices causes inflation in the short run. The exchange rate has the most … significant effect on the CPI. Depreciation of the rupiah significantly increases the CPI, which means it causes inflation, while …
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This paper studies monetary policy rules in a small open economy with Inflation Targeting, incomplete pass-through and …
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Our paper studies the relationship between money growth and consumer price inflation in the euro area using wavelet … analysis. Wavelet analysis allows to account for variations in the money growth-inflation relationship both across the … frequency spectrum and across time. We find evidence of strong comovements between money growth and inflation at low frequencies …
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