Can the aging process affect inflation? The prolonged decline of fertility and mortality rates induces a persistent … downward pressure on the natural interest rate. If this development is not internalized by the monetary policy rule, inflation … inflation found in the data for the euro area. In this model, continuing to follow the same rule makes inflation to be on a …

This study investigated the determinants of inflation in South Africa using quarterly data from 1970Q1 to 2015Q4. The … study was motivated by recent trends in domestic inflation that has frequently been at the upper end of the target range of … between 3% and 6%, and the need to guide inflation-related policy since 2008. These recent trends raised concerns regarding …

, effective revenue ceilings induce an increase in deficit, debt and inflation. Under many scenarios, including recurrent adverse …