This paper shows that the effect of inflation on asset prices and real aggregates depends on the financial … inflation lead to a wealth transfer across sectors. Higher inflation decreases firms' real liabilities and default risk, which … theoretically that the ultimate effect of inflation depends on the tightness of financing constraints in the intermediation sector …

"harmful inflation" regime for higher nominal GDP growth rates, these results have strong implications for guiding recent …

inflation targeting. The growth performance of this regime is compared to the one resulting from real exchange rate targets …. Inflation targeting is shown to hurt growth and employment performance. Real exchange rate targeting, on the other hand, allows … placing the economy on a higher growth path, but the trilemma hurts inflation performance. This problem may be mitigated by …

. Since inflation in our model is driven by distribution conflict, the "normal rate" of utilisation is associated with … consistent claims of firms and employees. Taking into account real debt effects of changes in inflation and distribution effects … Inflation in unserem Modell durch Verteilungskonflikte verursacht wird, ist der normale Auslastungsgrad durch miteinander …

selection approach, the study interacts money supply, interest rate, economic growth, and inflation rate, among themselves and … inflation rate as the impact factor. On the basis of the above findings and the evidence from other studies, lending and … inflation rate generated substantial destabilizing impacts on the economic growth, suggesting that the monetary authorities …