level of real returns consistent with their investment objectives. While inflation-linked bonds and derivatives have been … developed to hedge the effects of inflation, their limited supply and liquidity lead many investors to continue to rely on the … returns following inflation surprises …

High and variable inflation has been a central feature of the Turkish economy since the 1970s. This paper seeks to shed … some light on the determinants of inflation in Turkey by analyzing price determination within the framework of a multi …

Following very high inflation rates at the beginning of the reform process, most transition countries have succeeded in … lowering their inflation to more moderate rates. Inflation rates in the Baltics, Russia, and other countries of the former … Soviet Union are now typically in the range of 10–60 percent. This essay examines whether a further reduction in inflation …

Mozambique’s inflation rate was consistently high until 1995, and then plunged in 1996 to 17 percent from 70 percent in … 1994. This paper suggests that Mozambique’s inflation pattern is a combination of a “fundamental” trend set by economic … ultimate reason for the control of inflation in 1996, and hence seems to correspond to a change in the “fundamental” trend of …

Using 1970-85 sectoral data for the OECD we find that inflation in nontradable good exceeds inflation in tradables. We … prime causes of the differential inflation. In addition, disinflation attempts and the exchange rate regime appear to have … exerted significant influence on the relative inflation rate …

general validity: (a) deficits lead to inflation and stopping inflation requires elimination of deficits; (b) a major effect … of inflation is a large shift of the tax burden from capital to labor; and (c) shocks to labor supply, such as massive …

Yugoslav inflation unfolded as a classic wage-price-exchange rate spiral through the 1970s and 1980s and exploded into … hyperinflation in the last quarter of 1989. This paper examines the process of monetary accommodation of inflation, the behavior of …, together with the policy stance on exchange and interest rates, led to a significant feedback from inflation to money supply …

There is considerable evidence from industrial countries that the output gap is an important determinant of inflation … inflation is related to the output gap, as well as to the money supply and the terms of trade. We conclude that the gap model …

model is able to explain most features of the ""Great Inflation …