Today's global economy, with most developed nations experiencing very low inflation, seems a world apart from the … "Great Inflation" that spanned the late 1960s to early 1980s. Yet, in this book, Brigitte Granville makes the case that … rise to the "Great Moderation"--a period of stable inflation and economic growth, which lasted from the mid-1980s through …

needed to strengthen the credibility of Ghana''s inflation-targeting regime.1 …Money has only limited information value for future inflation in Ghana over a typical monetary policy implementation …) are shown to be important predictors of future price changes. Inflation inertia is high and inflation expectations are …

A crucial but often ignored element of inflation expectations is the amount of perceived inflation risk. This paper …) using a new methodology. The main conclusion from our analysis is that, when monitoring inflation expectations, limitin … attetention to a point prediction is not sufficient. The analysis of inflation expectations should take into account inflation …