inflation are co-breaking. We argue that the step-like development of inflation is in line with shocks and monetary policy that …% inflation was accomplished by introducing an inflation targeting regime. …

Today's global economy, with most developed nations experiencing very low inflation, seems a world apart from the … "Great Inflation" that spanned the late 1960s to early 1980s. Yet, in this book, Brigitte Granville makes the case that … rise to the "Great Moderation"--a period of stable inflation and economic growth, which lasted from the mid-1980s through …