inefficiently provided, inside money competition plays a disciplinary role by providing an upper bound on equilibrium inflation …

Cross-country evidence on inflation and inequality suggests that they are positively correlated. I explore the …

between lack of government commitment and high inflation, which characterizes representative agent models of optimal fiscal …

policy is ineffective ; above this threshold inflation rises. Finally, market liquidity, measured through the speed of real …

inflation, has remained unexplained in terms of its mathematical origins. Keynes had attempted to relate inflation to a … mechanism of "sticky wages and prices". Hitherto, such theories of inflation have remained unproven and disputable. Recently …, during the so-called "New Economy" era, characterized by a spread of electronic transactions and Internet commerce, inflation …

We analyse the possible impact of EMU enlargement on inflation rates in the accession countries. Using a simple … applied to the enlargement EMU: our findings indicate that (trend) inflation rates in the EMU candidate countries are likely …

influence on long-term INR swap yields after controlling for other factors, such as core inflation, the growth of industrial …

The economic growth and the research of the inflation, as objectives of the monetary policy of a country, are a major … that in the 20th century, all countries have known the inflation, most of them even the hyperinflation, proves that this … proved that no economy is insured by the unfavorable impact of the inflation. The central bank’s main purpose is the control …

We analyze the welfare cost of inflation in a model with cash-in-advance constraints and an endogenous distribution of … establishments' productivities. Inflation distorts aggregate productivity through firm entry dynamics. The model is calibrated to the … United States economy and the long-run equilibrium properties are compared at low and high inflation. We find that, when the …