growth. Inflation also is discussed as further indicator of macroeconomic performance …

capacity and unemployment in rich economies since around 1980, expansion of demand would have been appropriate over much of …

do not force a central bank to tolerate higher inflation, but may generate a tradeoff between the central bank …'s objectives for inflation and real activity. The presence and size of this tradeoff depends on how flexible prices are in the …

This paper develops a model of inflation in an open economy. The model permits analysis of the susceptibility of open … paper arrives at a “structuralist inflation targeting agenda”. Based on a proper conception of inflation dynamics, this … involves “getting inflation targeting right” rather than either accepting mainstream inflation targeting prescriptions or …

, which relates trends in money growth to changes in inflation and nominal GDP over the medium and long terms. A condition for … the return of inflation to current target levels is that the rate of money growth is reduced back towards annual rates of …, is leading to extremely high growth rates of the quantity of money. The crisis has shown again that, under fiat monetary …

This paper reviews the post-Keynesian theory of inflation against the background of the simultaneous rise in inflation …-are discussed. The paper applies the latter to elucidate recent inflation trends propelled by increasing imported energy prices and … then rising mark-ups. The effects of inflation-targeting central bank interest policies versus a post-Keynesian alternative …

relation of inflation and productivity with unemployment at low frequencies. Long-run unemployment is negatively correlated … unemployment depends positively on the drift coefficients and negatively on the volatility coefficients of both price and … with the levels of inflation and productivity growth, and positively with their volatilities …