school should be followed in these three Middle Eastern countries, in order to curb inflation. Originality/value – The paper …

Purpose – The purpose of this paper is to analyze the time‐inconsistency problem between inflation and unemployment …. Then the modified Barro‐Gordon model's constraint is applied to the detrended inflation and unemployment rate. Findings … – The results of this study suggest that both inflation and unemployment series are not stationary and they include the unit …

on accountability, inflation average, output gap, interest and central bank credibility. Findings – The results … highlighted that central banks with greater transparency contribute to decrease inflation rate and interest rate. The findings …

Purpose – The purpose of this paper is to extend the literature on the relationship between inflation and inflation …‐GARCH models are used to estimate inflation uncertainty along with Granger‐causality tests to infer the relationship between … inflation and inflation uncertainty. Findings – The results reveal that both the Bahamas and Jamaica exhibit a high degree of …

Purpose – This article aims to analyze if the adoption of inflation targeting in Brazil contributed to an improvement … in the conduction of monetary policy capable of increasing credibility and reducing inflation without an increase in the … methods, the offsetting effects of a monetary policy change on the output‐inflation and unemployment‐inflation trade …

Purpose – The purpose of this paper is to examine the impact of inflation targeting on inflation for 27 countries that … have adopted an inflation‐targeting regime. Design/methodology/approach – The paper uses intervention analysis in Harvey …'s structural time series model to analyse the impact of inflation targeting on inflation, using quarterly observations. This …

Purpose – The purpose of this paper is to examine the effects of inflation uncertainty on real economic activity using … show that inflation uncertainty has differential effects on output growth across these countries. Originality/value – In …

one‐ through four‐quarter‐ahead Federal Reserve inflation forecasts for 1983‐2002. Design …/methodology/approach – Encompassing tests are used to examine the asymmetric information hypothesis. In modeling the Federal Reserve inflation forecasts …, the authors are mindful of alternative theories of inflation which emphasize such determinants as cost‐push, demand …

trade‐off between inflation target and public debt stability. Therefore the determination of an inflation target cannot … interest rate in an inflation targeting regime must consider the public debt stability. Originality/value – This paper makes a …

Purpose – This paper seeks to draw together the various essential elements of the conflict inflation approach within … the context of an open economy and to highlight the importance of global external factors in explaining inflation. Design … conflicting claims equilibrium and inflation. Finally, it provides analytical reasons for believing that the focus of …