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regard of New Zealand and Australia, two countries that have been inflation targeters for many years. Our results are …
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Using panel data models, we analyze the flypaper effects-whether intergovernmental fiscal transfers or states' own income determine expenditure commitments - on ecological fiscal spending in India. The econometric results show that the unconditional fiscal transfers, rather than the states' own...
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We examine the evolution of monetary policy rules in a group of inflation targeting countries (Australia, Canada, New … high inflation, such as in the UK or Australia at the beginning of the 1980s. Contrary to common wisdom, the response …
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