After almost four decades of price stability, inflation has recently approached historical highs. Initially driven by … global energy and food price increases, the magnitude of the surge in inflation caught central banks and markets by surprise … monetary policy tightening, inflation upside risks are large. How can central banks restore control - and with it their own …

the reaction of post-Keynesian economists to examine alternatives to inflation-targeting monetary strategies and to Taylor …

This paper investigates the long run and short run relationships of monetary policy, inflation and economic growth in … relationships of monetary policy and inflation are available and most of these have analyzed the effectiveness of monetary policy in … controlling inflation in Pakistan. The present study fills the gap in the literature by analyzing the nexus of monetary policy …

This paper offers a reappraisal of the inflation-unemployment tradeoff, based on ?frictional growth,? describing the … effects. Although our theory contains no money illusion, no permanent nominal rigidities, and no departure from rational … expectations, there is a long-run inflation-unemployment tradeoff. Our empirical analysis suggests that this Phillips curve may be …

the relative weight on the output and inflation gaps. Three are financial Taylor rules, that is, augmented with one … traditional rules the best performing one is output aggressive instead of inflation aggressive. Second, because the financial rule … with Tobin's q outperforms the traditional inflation-aggressive one under all dimensions and cases. However, the authors …

This study measures the impact of changes in the income determinants on inequality in the 1990 to 2003 period, in order … determinant factors and changes in income inequality. It is analyzed the role of returns, participation rates, occupational … choices, schooling endowments, subsidies, pensions and household size. The inertia shown by inequality reflects the interplay …

Theoretical models point at various channels of the impact of inflation on corporate investment. This article attempts … corporate investment and inflation on the sample of 21 OECD countries in the years 1960-2005. The obtained negative relationship … this relationship: the marginal effect on corporate investment is higher at inflation rates between 3 and 5.5 per cent …