Macroeconomic theory postulates that fiscal deficits cause inflation. Yet empirical research has had limited success in … incorporates two key features of the theory. Unlike previous studies, we model inflation as nonlinearly related to fiscal deficits … through the inflation tax base and estimate this relationship as intrinsically dynamic, using panel techniques that explicitly …

Persistently high inflation rates have led many to believe that inflation in Turkey has become ""inertial,"" posing an … obstacle to disinflation. We assess the empirical validity of this argument. We find that the current degree of inflation …, expectations of future inflation are more important than past inflation in shaping the inflation process, providing little evidence …

non accelerating inflation rate of unemployment (NAIRU) improves on univariate methods as the Hodrick-Prescott (HP) filter …

This paper investigates the determinants of inflation in the Dominican Republic during 1991-2002, a period …-correction model using quarterly observations, the paper finds that inflation is explained by changes in monetary aggregates, real … output, foreign inflation, and the exchange rate. Long-run relationships in the money and traded-goods markets are found to …

Extending recent theoretical contributions on sources of inflation inertia, we argue that monetary uncertainty accounts …

The paper analyzes the dynamics of inflation in Guinea during 1992-2003 applying cointegration and error …

""natural rates"" of capacity and labor utilization above which inflation begins to accelerate; (2) estimating a production …

This paper forecasts inflation in Sudan following two methodologies: the Autoregressive Moving Average (ARMA) model and … by looking at the leading indicators of inflation. The estimated ARMA model remarkably tracks the actual inflation during … indicators explaining inflation in Sudan. Inflation forecasts based on both approaches suggest that inflationary pressures for …