fixed capital formation nexus: Effects of the interest rate and monetary policy credibility channels -- Chapter 7 Inflation … rates -- Chapter 13 What are the effects of budget deficit regimes on inflation and inflation expectations? -- Part 3 … uncertainty and the employment dynamics in South Africa under the inflation targeting regime -- Chapter 18 Economic policy …

economic performance under inflation targets, and arguments that the flexible exchange rate has undermined real economic …

-run trade-offs between output and inflation: lower trend inflation flattens the Phillips curve and decreases steady-state output … by increasing markups. We show that the aggregator reduces both the steady-state welfare cost of higher trend inflation … and the inflation-related weight in a model-based welfare function for higher trend inflation. Consequently, optimal trend …