This paper analyzes the link between inflation and democracy in developing countries. In order to address the … positive causal relationship between inflation and democracy. It appears that democracy increases inflation because democracy …, Ghana, and Sri Lanka better illustrate the result relating to the relationship between inflation and democracy in my sample. …

It is commonly asserted that inflation is a jump variable in the New Keynesian Phillips curve, and thus wage …-price inertia does not imply inflation inertia. We show that this "inflation flexibility proposition" is highly misleading, relying … affect inflation, but are also influenced by it) the phenomenon of inflation inertia re-emerges. Under plausible parameter …

" - although they generate price inertia, they cannot account for the stylised fact of inflation persistence. It is thus commonly … asserted that, in the context of the new Phillips curve (NPC), inflation is a jump variable. We argue that this "persistency … equilibrium setting (in which real variables not only affect inflation, but are also influenced by it), standard wage …

realistic parameter values, the model generates a blip in inflation of the same magnitude observed in the data …

adamant about preventing a rise in inflation? The large fiscal imbalance brings about inflationary pressures, triggering a … spiral of higher inflation, output contraction, and further debt accumulation. A coordinated commitment to inflate away the …

This paper estimates a hidden Markov model where inflation is determined by government deficits financed through money … inflation expectations. The estimated sequence of monetized deficits provides an adequate account of inflation for the period … 196994. The paper then extends the model to analyze the possibility that fiscal policy can affect inflation expectations in a …

Part of the present inflation is caused by the breakdown of globalization, in particular supply chains, part is caused … the past and in the presence. This paper attributes inflation decisively to the overwhelming money creation by the …

Economists generally accept the proposition that high and volatile inflation rates generate inefficiencies that reduce … societys welfare. Furthermore, studies have shown that inflation is harmful to economic growth. However, determining the causes … econometric techniques, this paper shows that a higher degree of political instability is associated with both higher inflation …

This paper analyzes the link between inflation and democracy in developing countries. In order to address the … positive causal relationship between inflation and democracy. It appears that democracy increases inflation because democracy …, Ghana, and Sri Lanka better illustrate the result relating to the relationship between inflation and democracy in my sample. …