This book reflects China's experience, model and theory of successful inflation control. The idea of Stabilization of … Chinese version of flexible inflation targeting system, policy transparency, policy rules, and expectation management as the … means to prevent and manage inflation and macro-control. Readers will gain a better understanding of the research …

This paper revisits the link between the nominal exchange rate regime and inflation, based on a sample of 145 emerging … low inflation benefits associated with pegging the exchange rate. To test our hypothesis, we exploit a novel dataset of … significantly lower inflation in EMDCs than flexible exchange rates, and that this effect is much stronger for de facto pegs that …

Inflation in Albania fell rapidly once comprehensive stabilization policies and market-oriented reforms were launched … inflation. The early reduction of underlying inflation is confirmed by trimmed mean estimates of core inflation, which use a … central portion of the commodity-wise inflation distribution. This also demonstrates the usefulness of estimating core …

The linkage between inflation and economic growth has been the subject of considerable interest and debate. The 18 … papers included in this volume comprise the proceedings of a conference on inflation and growth in China that brought … international exeperiences with inflation and growth, long-run and short-run structural problems related tgo growth and inflation in …

Globalization operates not only by reducing domestic pressures on inflation but also by reducing the scope of domestic … authorities to influence the pace of inflation. First, as markets are integrated, the common, cross-border sources of inflation … increase, reducing the extent of domestically-generated inflation. Based on a methodology identifying common time and sectoral …

This study examines money demand and inflation dynamics in the Islamic Republic of Iran using quarterly data for the … long-run money market equilibrium condition is identified and the short-run behavior of the inflation, measured in terms of …/01-2001/02 buoyed the demand for domestic money and contributed to the decline in inflation. Tests of model stability do not point to a …

longer inflationary processes with inflation rates above 100 percent per annum. Based on a sample of 133 countries, and using … the 100 percent threshold as the basis for a definition of very high inflation episodes, this paper examines the main … characteristics of such inflations. Among other things, we find that (i) close to 20 percent of countries have experienced inflation …

This paper presents the results of an empirical analysis into monetary policy transmission mechanisms and inflation in … the Slovak Republic. The estimated vector autoregression (VAR) model suggests that inflation is determined by changes in …, open economies. Monetary policy is shown to affect inflation via these channels. Changes in money supply seem to have a …