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 …

During the last years, a number of countries have adopted formal inflation targeting (IT) monetary policy frameworks in … a context of global inflation moderation. This paper studies inflation dynamics in eight Latin American countries, some … of which have adopted formal targets. We analyze possible benefits associated with IT in terms of lower inflation …

financial (and agricultural) output, and Farm Business Income (FBI), whilst the Lifestyle Choice segment returned the lowest …

for each year in our sample. Combining the Spanish Input-Output structure and firm-specific measures of upstream and … real activity. Credit supply shocks have sizable direct and downstream propagation effects on investment and output …

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

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 …. Following the shifts to less expansive domestic policy, inflation peaked in most of those same countries and has continued to …

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 …