refugee crisis. It examines the drivers of GDP fluctuation, unemployment, inflation, and trade upheavals that have defined the …

that de jure central bank independence is more robust than de facto in reducing inflation. However, the effect of de facto … concludes that central bank independence may play a role in managing inflation in developing countries with high inflation and …

independence and inflation. In this paper, we construct a theory where the relationship between inflation and central bank … inflation or costly fiscal expansion) rejects the monetary policy proposal of the central bank (which aims to minimize inflation …, increasing the fixed cost of rejecting the central bank's offer creates two opposite effects on inflation: delegation effect and …

This paper investigates the degree of inflation inertia in Egypt and its determinants using the cross country data … consisting of over 100 countries. Medium-unbiased estimator of inflation inertia in Egypt is high compared to other countries, as …-cyclical macroeconomic policy and fiscal consolidation are a key to reduce inflation inertia and the costs of disinflation …

rate regime and economicperformance. The paper argues that adopting a pegged exchange rate canlead to lower inflation, but …