rate of unemployment approaches the NAIRU from any given initial value, inflation will be increasing or decreasing over … for inflation stabilization, and that the dynamic wage-price spiral model generally has a dynamically stable solution for … accelerationist view that inflation increases/falls if unemployment is not at its “natural rate”. Research limitations …

maturity of the inflation targeting regime affect the supply of credit. Design/methodology/approach – The paper offers a review … of the literature concerning inflation targeting credibility and the transmission mechanism of monetary policy through … this study is that, in inflation targeting emerging economies, such as that of Brazil, following a committed monetary …

Purpose – The purpose of this paper is to propose and test empirically an inflation model containing permanent and … observable inflation to change over time. Out‐of‐sample forecasting exercises are used to test the model validity. Design … augmented Kalman filter, which allows us to compute smoothed estimates of permanent and of transitory components of inflation …

on inflation by examining the partially dollarized economy of Eritrea. Design/methodology/approach – Inflation under … results indicate that inflation increases as a result of an increase in dollarization. This applies to both the short-run and … of the short-run dynamics involved in the long-run relationship between dollarization and inflation, the speed of …

makes sense if there is a trade-off between inflation and unemployment and when there is a causal relationship indicating … that with more inflation, unemployment is reduced (as suggested by the Phillips curve). Hence, TIP is observed by testing … the existence of cointegration between inflation rate and unemployment rate series and analyzing the sign of the estimated …

to be increased. Findings Final model has shown that the levels of corruption and inflation have a positive effect on the …

Purpose – The purpose of this paper is to estimate the long‐run relationships and threshold effects between inflation … cointegrated vector on economic growth (log of real gross domestic product (GDP)) and inflation rate finding a corresponding … suggests 9 percent as the threshold level (i.e. structural break point) of inflation above which inflation significantly slows …

Purpose – The Maastricht inflation criterion has influenced the choice of disinflation strategies of prospective euro … area member countries. Some historically high‐inflation countries chose the fiat disinflation strategy of “low inflation … now, reforms later,” bringing inflation down quickly. Their inflation rates increased immediately after their euro …

propensity to save or increases its inflation policy. Social implications – This paper also tries to provide some possible …

over the past few years, following the introduction of a new monetary policy framework called inflation targeting (IT). The … purpose of this paper is to look at IT and its effect on inflation management in Ghana. Design/methodology/approach – The … has had a significant impact on the reduction of inflation series in recent years and has reduced the persistence of …