explain the development of inflation dynamics and the formation process of inflation expectations of households respectively. We …

economic variable occurs that has no direct relation to the contemporaneous behavior of the variables that theory suggests it … involving changes in the inflation and monetary-policy regimes: the move to floating exchange rates following the breakdown of … throughout the industrialized world a decade later. In the case of the float, inflation which had been rising since the mid-1960s …

This paper presents new non-linear regression estimates of the relationship between inflation and economic growth for … inflation is associated with moderate gains in GDP growth up to a roughly 15 – 18 percent inflation threshold. However, the … at all with either the inflation coefficient or our estimated turning point. With the middle income countries, we return …

This paper examines the question of whether inflation targeting monetary policy is an appropriate framework for sub …-Saharan African countries. The paper presents an overview of inflation targeting, reviews the justification for the regime, and … summarizes some major critiques. Monetary policy responses to inflation depend on the source of inflationary pressures. Therefore …

sources of the rise and fall of the Great Inflation from the late 1960s to the early 1980s and of the Great Moderation of … periods is attributed to the time-varying volatility of shocks. The history for inflation is more nuanced, as a more vigorous … stand against it would have reduced inflation in the 1970s, but not completely eliminated it. In addition, they find that …

The importance of analysing inflation sources and dynamics in Bulgaria is imposed by (i) the long run process of price … and inflation convergence to the Euro area and (ii) by the Currency Board operating in the country. In this study we make … explanation of inflation (or dual inflation) has acquired both academic recognition and popularity in practice in the recent years …