The article develops a stylized medium-run post-Kaleckian open economy model with conflict inflation and combines two … demand, growth, trade balance, and inflation are generally ambiguous and highly contingent on the parameter constellation of …

experiment of the past decade, stemming from a belief of the government that higher interest rates cause higher inflation … eventually a negative coefficient on inflation in the policy rule. In such an environment, was the exchange rate still a random … walk? Was inflation anchored? Does the "standard model" suffice to explain the broad contours of macroeconomic outcomes in …

experiment of the past decade, stemming from a belief of the government that higher interest rates cause higher inflation … eventually a negative coefficient on inflation in the policy rule. In such an environment, was the exchange rate still a random … walk? Was inflation anchored? Does the "standard model" suffice to explain the broad contours of macroeconomic outcomes in …

This paper explores the relationship between devaluing the dollar and inflation, examining both the theoretical … inflation by reducing demand or increasing the supply of goods and services, others suggest that devaluation can actually lead … to an increase in inflation by making imports more expensive and increasing demand for domestically produced goods and …

responds to inflation and output volatility, especially during economic crises. This framework offers a promising alternative …