Economists generally accept the proposition that high inflation rates generate inefficiencies that reduce society … higher degree of political instability is associated with higher inflation. The paper also draws relevant policy implications … for the optimal design of inflation-stabilization programs and of the institutions favorable to price stability …

This paper examines the influence of economic liberalization and monetary growth on inflation during the transition … lasting effect on inflation; that economic liberalization broadly defined may have helped dampen price increases; and that … monetary expansion has been the fundamental determinant of inflation in the region. The paper also finds that the intensity of …

""natural rates"" of capacity and labor utilization above which inflation begins to accelerate; (2) estimating a production …

This paper forecasts inflation in Sudan following two methodologies: the Autoregressive Moving Average (ARMA) model and … by looking at the leading indicators of inflation. The estimated ARMA model remarkably tracks the actual inflation during … indicators explaining inflation in Sudan. Inflation forecasts based on both approaches suggest that inflationary pressures for …

In recent years, the decline in inflation in Angola has stalled and further steps may be needed to attain the … digit inflation rate. A Vector Error Correction (VEC) model, which analyzes the factors that affect the inflationary process … in Angola, suggests that the inflation path has been largely affected by exchange rate movements. This implies that …

This paper examines the determinants of inflation in Chad using quarterly data from 1983:Q1 to 2009:Q3. The analysis is … based on a single-equation model, completed by a structural vector auto regression model to capture inflation persistence …. The results show that the main determinants of inflation in Chad are rainfall, foreign prices, exchange rate movements …

relates average unemployment to average wage inflation; the curve is virtually vertical for high inflation rates but becomes … flatter as inflation declines. Second, macroeconomic volatility shifts the Phillips curve outward, implying that stabilization …, at low inflation. Fourth, when inflation decreases, volatility of unemployment increases whereas the volatility of …