substitution affects the choice of nominal anchors in inflation stabilization programs; third, the effects of changes in the rate …

Inflation followed a strikingly uniform pattern in all countries of the Middle East, North Africa, and Central Asia … variables are included. The pattern of inflation is explained mainly by past inflation, the strength of the US dollar, US … inflation, and—depending on the subset of countries analyzed—monetary and exchange rate policies and nonfuel commodity …

increase in inflation. The model explains the joint dynamics of output, inflation, real wages, and interest rates, and is …

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 …

This paper provides an overview of statistical measurement issues relating to alternative measures of core inflation …

The paper presents a DGE model designed as a core projection tool to support monetary policy in inflation-targeting (IT …

lowering inflation. Such recent developments have brought to the forefront the idea that freely mobile capital, independent … all three. Inflation-targeting regimes being adopted by many countries provide a way of resolving this dilemma. …