all goods and track inflation. We then calculate nominal growth and its components. We find that per-captita real wealth …

. Previous literature has highlighted the role of an economy's "structure" - such as its inflation volatility, inflation rate …, forecasts predicting how a given exchange rate movement will impact inflation at a specific point in time should take into …

increase according to trends in productivity and the target inflation rate of the central bank. Wage developments without …

government spending triggers inflation, taxes have the opposite effect. This is consistent with Keynesian theory. Money supply … exchange rate while continuous inflation lowers it. …