This paper develops stylized facts about the inflation process in developing countries, focusing particularly on the … relationship between the exchange rate regime and the sources of inflation. Using annual data from 1964 to 1998 for 53 developing … dominate the inflation process in developing countries with fixed exchange rate regimes …

factors argued to explain the differences in the trends in core inflation and relative prices in the United Kingdom, the Euro …

This paper looks at the determinants of inflation in Iran. Unlike the traditional estimates of the demand function for … real money balances, the approach followed here focuses on the relationship between nominal variables and inflation. The … model estimates are used to address the questions raised by the decline in inflation that occurred up to the first half of …

Containing inflation has turned out to be one of the most challenging aspects of economic management in Iraq. This … paper posits that conventional as well as unconventional factors explain inflation dynamics in the recent past. We build a … fuel shortages, with implications for fuel and non-fuel inflation. A number of step-wise adjustments of administered prices …

This paper studies inflation dynamics during 25 historical episodes in advanced economies where output remained well …, underpinned by weak labor markets, slowing wage growth, and, in many cases, falling oil prices. Indeed, inflation declined by … about the same fraction of the initial inflation rate across episodes. That said, disinflation has tended to taper off at …

Inflation followed a strikingly uniform pattern in all countries of the Middle East, North Africa, and Central Asia … variables are included. The pattern of inflation is explained mainly by past inflation, the strength of the US dollar, US … inflation, and—depending on the subset of countries analyzed—monetary and exchange rate policies and nonfuel commodity prices …

This paper simulates out-of-sample inflation forecasting for Germany, the UK, and the US. In contrast to other studies … that Phillips curves based on ex post output gaps generally improve the accuracy of inflation forecasts compared to an AR(1 …) forecast but that real-time output gaps often do not help forecasting inflation. This raises the question how operationally …

Motivated by the global inflation episode of 2007-08 and concern that high levels of inflation could undermine growth …, this paper uses a panel of 165 countries and data for 1960-2007 to revisit the nexus between inflation and growth. We use a … smooth transition model to investigate the speed at which inflation beyond a threshold becomes harmful to growth, an …

This paper attempts to explain short- and long-term dynamics of-and forecast-inflation in Tajikistan using the Vector … demonstrates that the exchange rate and international inflation have a strong impact on local prices. Available monetary …