The purpose of this paper is to determine the main causes of the Belarus high inflation during the period 1996 … rate. They are also consistent with shocks-and accommodation view of the inflation process. These findings, consistent with … some recent studies of inflation in transition economies, imply that exchange rate and wage policies, in addition to the …

compensate resulting losses of purchasing power only prolong the inflationary phase. Anchored inflation expectations are key to … keeping the inflation process temporary. While this clearly falls under the responsibility of the monetary authorities, fiscal …

Canada's inflation rate rose from 3.1 percent in June 2021 to 8.1 percent one year later. What is behind this rapid … rising inflation. We find a few items dominate, especially energy and items sensitive to oil prices. To separate demand- from … supply-driven inflation, we use detailed household expenditure data and find rising inflation is primarily the latter. We …

economic growth. This paper examines the roles of three other factors: primary budget surpluses, surprise inflation, and pegged … inflation and the pre-Accord peg. In this counterfactual, debt/GDP declines only to 74% in 1974, not 23% as in actual history …

This paper investigates the effects of inflation news coverage on market-based inflation expectations and outcomes in … the inflation-protected securities market. We employ a large corpus of news headlines from top U.S. newspapers and market … data on the U.S. yield curve and inflation-protected securities. Our results indicate that news coverage, particularly …

inflation economy characterized by relatively frequent administrative price adjustments. Fluctuations of market determined …

The paper offers a new explanation for the cause of the Great Inflation by constructing a model that explicitly … separates the roles of government and monetary policymakers. A mechanism that inflation can accelerate even if an inflation … target is low is uncovered. The model solves the puzzle of the observed high inflation target during the Great Inflation and …

The runaway inflation in Bolivia from 1982 to 1985 was different from that in most other countries by not being related … analyzed from the public choice point of view. Three conditions explain Bolivia's runaway inflation: a central bank with the …-back in foreign loans and aid can trigger a runaway inflation. …