It has been argued that economies with more independent central banks experience lower inflation over time. In this … the inflation rate dynamics. Second, we implement a panel data analysis. …

rate movements start to influence the price inflation in China in a significant way. This paper estimates a structural …

Slovakia before the adoption of the euro on two periods: pre-ERM II and ERM II. On the one hand the two forms of the inflation …

off recovery of the Russian economy. Crisis recession was overcome. Record-breaking low inflation, rapid credit …

This paper focuses on modeling and forecasting inflation in India using an augmented Phillips curve framework. Both … demand and supply factors are seen as drivers of inflation. Demand conditions are found to have a stronger impact on non …-food manufactured products (NFMP) inflation vis-a-vis headline wholesale price inflation; moreover, NFMP inflation is found to be more …

Using the same data as Chow and Wang (2010) [Chow, Gregory C., Wang, Peng, 2010. The empirics of inflation in China …. Economics Letters 109, 28–30], as well as a smooth transition regression model, this paper reconsiders the empirics of inflation … inflation in China, in contrast to the results derived with Chow and Wang’s model of constant parameters. …

We develop a theoretical framework to account for the observed instability of the link between inflation and …fiscal … bank that has full control over inflation. When policy makers deviate from this Virtuous regime, agents conduct Bayesian … pessimistic about a prompt return to the Virtuous regime and inflation starts drifting in response to a fiscal imbalance. Shocks …

In the paper we have investigated to what extent the behaviour of CPI inflation depends on changes in domestic economic … price indices respond to exchange rate movements and/or foreign inflation. The impact of exchange rate is most substantial …

formed and how they should be measured. This paper analyses the role of inflation and output growth expectations in the US …, the euro area and Japan. On the one hand, the question is how expectations affect both actual inflation and output; and on … models of actual inflation and output as well as inflation and output growth expectations, which allows for scrutinizing the …