inefficiently provided, inside money competition plays a disciplinary role by providing an upper bound on equilibrium inflation …

The authors apply a Hidden Markov Model to identify regimes of shifting inflation and then employ an attribution … technique based on the Mahalanobis distance to identify the economic variables that determine the trajectory of inflation. Their … analysis enables policymakers to focus on the most effective tools to manage inflation, and it offers guidance to investors …

into an economy, with potential to create asset bubbles and inflation, or poor economy growth and deflation. Specifically … emerging markets such as India and Brazil, and crave for the local currency and its use drives asset bubbles and inflation …

of money, it causes inflation, in the absence of monetary intervention. If the monetary authority attempts to restore pre … credit cards, there is even more inflation, and less efficiency gains. The monetary authority might then have to accept less … than pre-credit card efficiency in order to restore pre-credit card price levels, or else it will have to accept inflation …

monetary policy, including the high inflation of the 1970s and the Great Recession of 2007–2009. In both cases, Federal Reserve …, such aseither a simple inflation target or a flexible inflation target (FIT), will often fail to solve the knowledgeproblem …

variety. Decentralized currency production can benefit consumers by reducing inflation and increasing economic stability …

reactiveness of inflation to the unemployment rate. In regard to a monetary union, the national unemployment multiplier in the …