. That disorder is likely to develop long before inflation accelerates so that inflation targeting fails to protect against …

inflation. It is argued that that there is a tendency to slip from arguments which that the rate of interest is related to the … price level to suggesting that the rate of interest is related to the rate of inflation. The neo-Wicksellian approach is … inflation. It is also argued that the route through the exchange rate does not support the view that higher interest rates will …

inflation, trade flows, capital inflow, capital account transactions, reserve accumulation, global liquidity (e.g., global broad … money), and monetary aggregates, with regard to Indonesia's GDP variables and inflation. This paper uses threshold vector … identified two groups of upper regime and lower regime world variables-namely, world inflation, world GDP, and world commodity …

This paper addresses the classic question: what are the welfare costs of inflation. We employ a model in which the … between three sources of welfare cost of inflation, and provides further estimates for potential welfare gains from … improvements in transaction technologies. Estimates of the marginal cost of public funds associated with the inflation tax are …

inflation. The purpose of this paper is to extend the range of explanatory factors in explaining macroeconomic pathologies and … to demonstrate that democracy is an important instrument in reducing inflation. The paper firstly provides a critical … analysis to the median voter theory, which claims the existence of a positive relationship between democracy and inflation, by …

approaches regard inflation as the unintentional result of the behavior of interest groups. In this paper we take the opposite … view, namely, that when there is polarization of financial wealth, inflation is used as a tax to transfer the burden of … inflation support a new government coalition. The estimates of a Probit model support this hypothesis: the stabilizations after …

policy. The direct inflation targeting strategy used by the European Central Bank in applying its monetary policy has the … first criterion of implementation the expression of inflation target in terms of „headline inflation†(consumer price … consumer price index, this one ensuring the necessary transparency related to the effects of inflation phenomenon. A strong …