We examine the responses of prices and inflation to monetary shocks in an inventory-theoretic model of money demand. We … households' money inventories leads to a partially offsetting endogenous reduction in velocity. We also show that inflation …

frequency vector autoregression (VAR). It shows that potential causalities for inflation, relative price variability, relative …

interventions on the inflation target policy in Uganda, with the aim of including a target in the framework. By including exchange … costly in terms of the depression (below potential output) that is foregone by targeting inflation alone. In the most recent … SVAR approach reveals that exchange rates did not have significant effect on changes in both inflation and output in the …

restrictions which are not rejected by the data - the cost channel helps to generate an initial rise of inflation after a monetary …

restrictions which are not rejected by the data - the cost channel helps to generate an initial rise of inflation after a monetary …

Determining the exchange rate pass-through on inflation is a necessity for central banks as well as for firms and … short and long-term impact of an exchange rate shock on inflation along the distribution chain in the presence of … have showed that the accumulated PT on inflation of import prices rises from 20% in the first month of the exchange rate …

) with a special focus on persistence of real wages, wage and price inflation. The analysis is conducted within a structural … model, as well as the cointegrating properties of the estimated system. Overall, in the long run, wage and price inflation …

restrictions which are not rejected by the data - the cost channel helps to generate an initial rise of inflation after a monetary …

We investigate whether fluctuations in U.S. inflation rates are better described by infrequently occurring large shocks … U.S. inflation rates, recognizing the distinction between frequent small shocks and infrequent large shocks does not …