interest rate policy has worked better for boosting inflation in Italy and Spain than in Germany …

Kennedy wants to do justice to the poor. She wants to eliminate interest and inflation rate. This paper proves that her … theory is based on four misunderstandings, and that her theory actually results in even higher interest and inflation rate …

disturbances to the money market, the variance of output is shown to be an increasing function of the trend inflation rate. When … they result from disturbances to the goods market, the variance of output is a decreasing function of the trend inflation … rate. When both disturbances are significant, there exists, in general, a critical non-zero trend inflation rate that …

interest rate policy has worked better for boosting inflation in Italy and Spain than in Germany. …

prolonged period of low inflation in the euro area. This article offers a narrative of the monetary policy measures taken up to …

This paper proposes that there is a dynamic relationship between interest and inflation rates that are jointly … inflation and interest rates wherein causality runs from inflation to interest rates. By contrast, the Wicksell process is the … negative relationship between the two rates with causality from interest to inflation rates. While Fisher and Wicksell theories …

wealth. Domestic price inflation is affected by imported inflation including currency depreciation (a pass through effect …

The past half-century has seen major shifts in inflation expectations, how inflation comoves with the business cycle … on how inflation is priced in financial markets. Not all inflation episodes are created equal. Using in a New Keynesian … model, we show how “good” inflation can be linked to demand shocks and “bad” inflation to supply shocks driving the economy …

to the anticipated changes in the rate of inflation. The analysis is carried out with monthly data for the period 1980 …-97 for three countries with recent histories of chronic high inflation: Argentina, Brazil, and Mexico. A co …-integration analysis has provided evidence of a stable long-run equilibrium relationship between nominal interest rates and the inflation …

The empirical evidence suggests that there is a significant, negative relationship between inflation and economic …. Therefore the technology of the financial sector influences the velocity of money, and consequently, how inflation affects … generates an inflation-growth effect whose magnitude falls in the range found by the empirical studies. Moreover, in contrast to …