This paper presents three empirical approaches to forecasting inflation in Pakistan. The preferred approach is a … leading indicators model in which broad money growth and private sector credit growth help forecast inflation. A univariate …

literature on inflation and money demand in transition economies. The results suggest that, after the one-time effects of the … 1997 crisis are taken into account, the long-run determinants of inflation and money demand remained unchanged. Strong … financial policies since mid—1997 appear to have helped to restore conditions for low inflation and stable money demand …

—a deficit that would be observed if inflation were zero. It studies the negative relationship between the inflation rate and … real government expenditures—the Patinkin effect. The model outperforms others in explaining four-digit inflation rates … that are small and compatible with the small amount of seigniorage that can be collected at high inflation rates. Finally …

This paper investigates the inflation process in Slovenia through an examination of some commonly used determinants of … inflation in transition economies. Granger causality tests and an analysis of unrestricted VAR models suggest a strong linkage … inflation. While the growth in wages affects inflation, it appears that both changes in the exchange rate and growth in monetary …

This paper explains inflation performance in a sample of industrial and transition economies by looking at policymakers … inflation, particularly (but not exclusively) in countries where the government securities market is not well developed. Other … factors with significant effect on inflation include relative price changes, central bank independence, the exchange rate …

This paper derives a set of leading indicators of inflation for Sweden. It also discusses methodological and policy … inflation indicator; (2) broad money and inflation expectations have significant predictive information on inflation; (3) the … output gap, interest rates, and the credit aggregate have some predictive information on inflation, and this information is …

’s experience provides a good illustration to study the genesis and dynamics of high inflation and includes some unusual phenomena … inflation also had a significant impact on the real economy. This paper compares the experience of Suriname with other countries … the public reacted to the temporary bout of high inflation …

The paper assesses inflation risks resulting from the convergence of structures of relative prices in Central and … flexibility of domestic nominal prices, the adjustment of relative price structures is likely to lead to higher inflation. The …

This paper''s analysis of growth and inflation dispersions in the euro area reveals several findings. First, these …

policy is not consistent with achieving low inflation or a stable unified exchange rate. The real shocks generate higher … growth and lower inflation, suggesting that supply-side policies are consistent with the goals in the Islamic Republic of …