We study the effect of inflation on the wage dispersions due to firm heterogeneity and on-the-job search, in the …. The productivity distribution of firms is firstly assumed to be exogenously given and we find that a rise of inflation … rise in inflation can makes firms' productivity less dispersed by driving the least productive firms not profitable and …

rounds of QE provided a significant boost to both growth and inflation in the USA and UK, whilst the evidence on the impact … policies to generate a material revival in bank lending. Meanwhile, fears that QE would fuel a sharp acceleration in inflation …

) has been to raise inflation targets to provide more room for policy rate easing during crises. This paper addresses a … different issue: the relationship between inflation and welfare. The literature is surveyed and a model is developed. A key … conclusion is that an increase in inflation targets gives rise to additional welfare costs, even after the extra room to maneuver …

This paper presents an empirical investigation of inflation dynamics in Libya over the period 1964–2010, using … cointegration and error correction models. While inflation inertia is found to be a key determinant of consumer price inflation, the … econometric results indicate that government spending, money supply growth, global inflation, and exchange rate pass-through play …

potential impact on inflation has been studied less. We use the IMF’s Global Integrated Fiscal and Monetary Model (GIMF) and …

price dynamics is at the heart of the modern approach to modelling inflation, both for forecasting and for policy analysis …