Purpose – The purpose of this paper is to examine the effects of policy options in financial dynamics (of money, credit …, efficiency and size) on consumer prices. Soaring food prices have marked the geopolitical landscape of African countries in the … past decade. Design/methodology/approach – The sample is limited to a panel of African countries for which inflation is non …

substantially influence the conduct of monetary policy. Specifically, the reaction of the two policies to shocks in inflation and …

This paper studies optimal fiscal and monetary policy under sticky product prices. The theoretical framework is a … income taxes, printing money, and issuing one-period nominally risk free bonds. The main findings of the paper are: First … of inflation is near zero. This result stands in stark contrast with the high volatility of inflation implied by the …

addition, it computed volatility measures for ten agricultural policy instruments and six regulated commodity prices. …