. When the credibility of policymakers’ commitment to low inflation is firm, some degree of dirty floating, with little or no …

regime in minimizing inflation and output trade-offs. The estimates of the structural parameters fall within plausible ranges …, and simulation results suggest that while the peg amplifies output, consumption and (price and wage) inflation volatility …

, the effects on inflation and output volatility in the event of demand and cost-push shocks are minimal. Financially …

an inflation targeting framework underpinned by a flexible exchange rate regime was not adopted, how much deeper would …

This paper examines the determinants of inflation in Sierra Leone using a structural vector autoregression (VAR …) approach to help forecast inflation for operational purposes. Despite data limitations, the paper accurately models inflation … in Sierra Leone. As economic theory predicts, domestic inflation is found to increase with higher oil prices, higher …

of growth and poverty reduction. Trade openness has important positive spillovers on other aspects of reform, however, so …