only provides an insubstantial depiction of Turkish inflation from 2005 to 2009. On the contrary, the conventional and … hybrid NKPC are both found to be valid descriptions of the inflation process in Turkey …

al., 2010) showing that a random walk dynamic component accounts for much of the persistence in inflation. I use a time …-dependent sticky price model and study the mapping from disturbances to the price reset hazard function to inflation dynamics. I show … of inflation …

not efficient. Inflation is detrimental to unemployment …

paper arrives at a “structuralist inflation targeting agenda”. Based on a proper conception of inflation dynamics, this …This paper develops a model of inflation in an open economy. The model permits analysis of the susceptibility of open … involves “getting inflation targeting right” rather than either accepting mainstream inflation targeting prescriptions or …

We theoretically investigate the role of expectations in modelling economic activity and the evolution of inflation … role in explaining the inflation rate and real economic growth in the UK …

principal repayment) into the consumption and investment expenditures, as well as into the inflation-generating process. We … explore the way that finance influences the distribution effects of inflation in the demand-side of a money … inflation on the rate of employment; and that they might be conducive to a negative supply-side effect of employment on the …

to support the standard objection to such policies: that they will lead to uncontrollable inflation. Theoretical models … support for a relationship between monetary financing and inflation. The findings lend support to recent calls for explicit …

The essential insight advanced in this paper is that the claim that inflation can impair growth makes most sense in the … very start. We construct a model of inflation and growth that distinguishes between the properties of various qualitatively … different inflation regimes. It is then shown how some of these regimes, by undermining confidence in various nominal contracts …

chartalist, respectively), the rate of wage inflation depends on either unemployment or the wage-setting policies of the … inflation affects aggregate demand through its impact on the value of assets and debts. Bank rates depend on an endogenous …