relationship between money growth and inflation in a Bayesian Markov Switching framework for a set of four countries, the US, the … money growth and inflation appears to be nonlinear, as our estimation results identify multiple inflation regimes displaying … high inflation regime but the influence of money on such signal seems to be relevant mainly in the 70s and the early 80s, i …

accurate and reliable forecasts for the future rate of inflation is a necessity for its successful realization. This paper aims … to enrich the Bank's portfolio of short-term inflation forecasting tools through the construction of a Bayesian vector …, allowing for the inclusion of more endogenous variables, and in this way enabling a more comprehensive explanation of inflation …

We assess the bivariate relation between money growth and inflation in the euro area and the United States using hybrid … statistically unstable across time in both regions. The effect that shocks to money growth has on inflation weakened notably after … monetary aggregates to inflation. …

seasonality and monetary policy in inflation forecasting …Adequate modeling of the seasonal structure of consumer prices is essential for inflation forecasting. This paper … suggests a new econometric approach for jointly determining inflation forecasts and monetary policy stances, particularly where …