widespread in eighty-two countries and that the degree of memory can be related to macroeconomic variables such as inflation …

analyse this topic by means of a P-star model. Based on the quantity theory of money, this approach explains inflation via a …Regarding inflation as being a monetary phenomenon in the long-run is a widely-held view in modern macro economics. We …. Moreover, parameter restrictions for the long-run relationships implied by the monetary theory are tested. Country specific P …

analyse this topic by means of a P-star model. Based on the quantity theory of money, this approach explains inflation via a …Regarding inflation as being a monetary phenomenon in the long-run is a widely-held view in modern macro economics. We …. Moreover, parameter restrictions for the long-run relationships implied by the monetary theory are tested. Country specific P …

The Great Inflation of the 1970s was an international phenomenon. We study whether monetary authorities in the G7 … countries were changing their responses to inflation in a similar manner during and following the Great Inflation era. Our … results suggest that the common to the G7 countries inflation pattern during the Great Inflation period is associated with a …