The monetarist model of inflation is tested with quarterly data over the period 1960‐1983 from six African countries … empirical results are, in general, consistent with the monetarist explanation of inflation.  …

The relative impacts of the monetised and non‐monetised deficit on output and inflation in the United States are … assessed using annual data for the 1923‐1982 period. With Federal Reserve purchases of government debt serving as a measure of … affected real GNP growth, nominal GNP growth or inflation. For the period 1961‐1982, monetisation is found to have fuelled …

(VECM). The empirical results suggest that a bivariate relationship between inflation and productivity is spurious, as the … unit root pre‐tests that account for oil shock episodes show that inflation and productivity are integrated of a different … estimation showed that productivity growth and inflation are an econometrically endogenous variable and this suggests that bi …

price index (CPI) inflation in Indonesia. Design/methodology/approach – Using threshold model applied to Phillips curve … effects of money growth on inflation, but no threshold effect of exchange rate depreciation on inflation. Even though the … growth, i.e. 7.1 and 9.8 percent, and they are statistically different. The impact on inflation is high when money grows by …

Purpose – Inflation and its related uncertainty can impose costs on real economic output in any economy. This paper … aims to analyze the relationship between inflation and inflation uncertainty in India. Design/methodology/approach – The … – Initial estimates show the inflation rate to be a stationary process. The maximum likelihood estimates from the GARCH model …

Purpose – The purpose of this paper is to examine the causal relationships between inflation, output growth and their … found strong evidence favoring a positive effect of a change in the inflation uncertainty as predicted by the Friedman …-Ball hypothesis. In addition, inflation (inflation uncertainty) has direct (indirect) negative effect on the output growth. The …

rate of unemployment approaches the NAIRU from any given initial value, inflation will be increasing or decreasing over … for inflation stabilization, and that the dynamic wage-price spiral model generally has a dynamically stable solution for … accelerationist view that inflation increases/falls if unemployment is not at its “natural rate”. Research limitations …

maturity of the inflation targeting regime affect the supply of credit. Design/methodology/approach – The paper offers a review … of the literature concerning inflation targeting credibility and the transmission mechanism of monetary policy through … this study is that, in inflation targeting emerging economies, such as that of Brazil, following a committed monetary …

Purpose – The purpose of this paper is to propose and test empirically an inflation model containing permanent and … observable inflation to change over time. Out‐of‐sample forecasting exercises are used to test the model validity. Design … augmented Kalman filter, which allows us to compute smoothed estimates of permanent and of transitory components of inflation …