are the unemployment rate in deviations from its trend, the inflation rate, the Bank of Israel nominal interest rate and … unexpected tightening of monetary policy is followed by a relatively fast slowdown in the inflation rate and a rise in the …

The rate of inflation in Israel increased from 8 percent in 1965 to 300-400 percent in the first half of 1984. The … liberalization of 1977 the economy appeared to move into a new era in which the inflation rate seemed capable only of rising. Our … and fiscal policies, the stabilizing forces in the economy are so weak that the inflation rate is in a meta …

The purpose of this paper is to provide empirical answers to questions related to the propagation of shocks in a high-inflation … trigger a process that, through indexation and monetary accommodation, results in long-term changes in inflation? Within the …-time nominal shocks have a persistent effect on the inflation rate, or the hypothesis that long-term changes in inflation are …

The purpose of this paper is to provide empirical answers to questions related to the propagation of shocks in a high-inflation … trigger a process that, through indexation and monetary accommodation, results in long-term changes in inflation? Within the …-time nominal shocks have a persistent effect on the inflation rate, or the hypothesis that long-term changes in inflation are …

The rate of inflation in Israel increased from 8 percent in 1965 to 300-400 percent in the first half of 1984. The … liberalization of 1977 the economy appeared to move into a new era in which the inflation rate seemed capable only of rising. Our … and fiscal policies, the stabilizing forces in the economy are so weak that the inflation rate is in a meta …

This paper examines the long-run effects of supply shocks (such as oil shocks) on inflation in the United States. The … persistence of supply shocks in U.S. inflation fell considerably during the period of Volcker's disinflation (1979-1982). My … the behavior of inflation expectations-agents expected shocks to persist in the pre-Volcker period, but not in the post …

An empirical analysis of the impact of labour market structures on the response of inflation to macroeconomic shocks is … presented. Results based on a 20 country panel show that if labour market coordination is high, the effect on inflation of … inflation to its reduced form determinants. These findings are attributed to the behaviour of wages following movements in …