As Albania has succeeded in reducing inflation to very low levels, understanding the driving forces behind the behavior …

money in forecasting euro-area inflation. We compare the predictive performance within and among various classes of … contains relevant information for inflation in some model classes. Money-based New Keynesian DSGE models and VARs incorporating …

We use Bayesian estimation techniques to investigate whether money growth Granger-causes inflation in the United States … including money growth in simple VAR models of inflation does systematically improve out-of-sample forecasting accuracy. This …. However, the contribution of money to inflation forecasting accuracy is quantitatively limited and tends to be smaller in …

statistically significant long-run relationships between budget deficits and seigniorage, and between money creation and inflation … inflation and monetary growth equations. The paper offers some policy recommendations for long-term price stability in the DRC …

analyses of the relationship between projections and outcomes for growth, inflation, and three balance of payments concepts …. Statistical bias is found only for projections of inflation and official reserves. Statistical efficiency can be rejected for all …

inflation and posed a price puzzle insofar their evolution was not responsive to record low interest rates, double digit … commodities inflation, and sharp exchange rate depreciation. Commodities prices were shown to be driven by one common trend … accelerating commodities price inflation, subsequent world recession, and financial disorder; or tighten monetary policy with …

foreign factors are important determinants of inflation in Uganda …

A reliable inflation-forecasting model is central for a sound monetary policy framework. In this paper, we study the … domestic and international transmission effects on inflation in Indonesia and analyze the possible leading indicators of … inflation. We identify the exchange rate, foreign inflation, and monetary growth as the main variables with a significant …

effectiveness of the Central Bank of Congo in controlling inflation, despite a rapid policy response to inflation shocks. Options …