rise and fall of inflation during 1991-97. The methodology could usefully be applied to other economies whose exports are …

model is able to explain most features of the ""Great Inflation …

The paper investigates the divergence between inflation and monetary expansion in Zimbabwe since late 2003. The … substantial decline in velocity and increasing levels of real money balances during 2004 are at odds with a record of inflation … such as repressed inflation (given administered prices) or measurement errors in the consumer price index. The results of …

Using 1970-85 sectoral data for the OECD we find that inflation in nontradable good exceeds inflation in tradables. We … prime causes of the differential inflation. In addition, disinflation attempts and the exchange rate regime appear to have … exerted significant influence on the relative inflation rate …

general validity: (a) deficits lead to inflation and stopping inflation requires elimination of deficits; (b) a major effect … of inflation is a large shift of the tax burden from capital to labor; and (c) shocks to labor supply, such as massive …

This paper analyzes, in a public finance context, how the optimal use of the inflation and the consumption tax is … by 1992. Two main questions are addressed: first, how the constraint of having to share a common inflation tax, in order … to preserve fixed-exchange rates, influences the optimal policy decisions concerning the inflation tax; secondly, how the …

Yugoslav inflation unfolded as a classic wage-price-exchange rate spiral through the 1970s and 1980s and exploded into … hyperinflation in the last quarter of 1989. This paper examines the process of monetary accommodation of inflation, the behavior of …, together with the policy stance on exchange and interest rates, led to a significant feedback from inflation to money supply …