regulations (which led to a deep decline in the money multiplier). However, there are numerous signs in both the real and …, unemployment is systematically decreasing, the financial sector is more eager to lend, and its clients - to borrow. Rapidly growing …

deficits and private foreign debt, currency mismatches, and high inflation, while public finances were in good shape. The … of the world. The five currency boards in the region have lacked credibility. By contrast, inflation targeting has worked …

This paper provides a summary of current knowledge on inflation persistence and price stickiness in the euro area …, based on research findings that have been produced in the context of the Inflation Persistence Network. The main findings … are - i) Under the current monetary policy regime, the estimated degree of inflation persistence in the euro area is …

This study provides country-specific empirical evidence on the optimal inflation-growth threshold in the WAMZ over the … economies generally focused on exogenous approaches of determining optimal inflation which impose a sharp and most often linear … behaviour on the threshold level of inflation. This paper contributes to the policy debate on the inflationgrowth nexus by …

While previous studies have explored the relationship between inflation and economic growth, the existing literature on … threshold effect of inflation on economic growth in the West African Monetary Zone (WAMZ) predominantly assumes a linear … the variation in inflation rates across countries and over time to identify endogenously the threshold inflation level …

Alors que des études antérieures ont exploré la relation entre l'inflation et la croissance économique, la littérature … existante sur l'effet de seuil de l'inflation sur la croissance économique dans la Zone Monétaire de l'Afrique de l'Ouest (ZMAO … vide dans la littérature empirique en exploitant la variation des taux d'inflation entre les pays et au fil du temps pour …

This study aims to explore the extent to which changes in wealth contributes to inflation utilizing a highly flexible …

based on quarterly data and takes into account disequilibrium at the money market. Inflation regression based on monthly …-correction mechanism from money demand equation was included into inflation equation. It is shown that disequilibrium at the money market … data showed that consumer prices dynamics is explained by money growth (the more money, the higher the inflation), exchange …