This paper studies the effect of exchange rate pass-through on inflation in Tunisia for the period 2001 to 2009. The … objective is to track inflation regimes for the Tunisian economy and to forecast its determinants. Using a Markov …-switching approach, the authors identified two main regimes for inflation in Tunisia during this period: a low and stable inflation …

We employ a money-based early warning model in order to analyse the risk of a low inflation regime in the euro area …, Japan and the US. The model specification allows for three different inflation regimes: Low, Medium and High inflation … estimate the model with data from the early 1970s up to the present. Our analysis suggests that the risks of a Low inflation …

money growth and inflation appears to be nonlinear, as our estimation results identify multiple inflation regimes displaying … relationship between money growth and inflation in a Bayesian Markov Switching framework for a set of four countries, the US, the … UK, the Euro area and Japan, over an estimation period spanning from 1960 to 2012. We find that the relationship between …