examine the output gap’s usefulness. The results suggest that although output gap uncertainty leads to more inflation and … policy based only on observable inflation and output growth. …

This paper investigates the exchange rate responses to inflation in Bangladesh during the period from 1972-73 to 1999 …. Both annual and monthly data are used in the investigation. The results suggest that past consumer price inflation … effective exchange rate. The effect of inflation on devaluation, however, became weaker following the financial reforms …

inflation combined with a free float seems to be the ultimate option. The paper shows how to design and operationalize such a …

Adequate modeling of the seasonal structure of consumer prices is essential for inflation forecasting. This paper … suggests a new econometric approach for jointly determining inflation forecasts and monetary policy stances, particularly where … money growth and implied exchange rate paths along with a jointly determined inflation forecast. The approach uses two broad …

We focus on the management of highly persistent shocks to aid flows, including PRSP-related increases in net inflows …, in three “post-stabilization.” African economies with de jure flexible exchange rates. Such shocks have beneficent long …. When the credibility of policymakers’ commitment to low inflation is firm, some degree of dirty floating, with little or no …

This paper examines determinants of inflation in Ukraine during 1993-2002 in a cointegrating framework. Two basic …-2002 data, pointing inter alia to a greater role of administered prices in the CPI within a fairly mainstream inflation process … enters short-term inflation determinants. Prudent macroeconomic policies, grain harvests, and administrative decisions …