minimise the inflation‐tax and a rational private sector, and this in turn determines the long‐run growth rate of the economy … indicate clearly that the inflation tax and the long‐run growth rate are negatively related.  …

. The model also proves that financial innovation is welfare enhancing, while inflation reduces welfare and hampers growth …

This paper examines the relationship between inflation and real income in Australia, Canada, Finland, New Zealand …, Spain, Sweden and the UK which have adopted a “formal” policy of low or zero inflation target. Using cointegration analysis … and a vector error correction model (VECM)), we find that the long‐run relationship between inflation and real income is …

that the real rates of return on common stocks and the expected inflation rate are independent and that nominal stock … returns vary in a one‐to‐one correspondence with the expected inflation rate. The regression results indicate that stock … returns in general are negatively correlated to both expected and unexpected inflation, and that common stocks provide a poor …

Presents a review of Money and Inflation – A New Macroeconomic Analysis (Sergio Rossi (with a Foreword by Mauro …

/methodology/approach – The paper uses a univariate analysis on the price variables to conduct a comparative analysis on inflation and to examine … the background to the relationship between mean inflation and inflation persistence. Findings – In a descriptive … between monetary policy, inflation and economic performance but also that the institutional contexts provided varying degrees …

Forecasting inflation is a major concern for economists and businessmen. Most researchers have relied upon statistical … techniques with their stringent data assumptions and low accuracy rates to predict changes in inflation, but only a few have …

between lack of government commitment and high inflation, which characterizes representative agent models of optimal fiscal …