paper proposes an "inflation uncertainty theory" in providing theoretical justification and empirical validity as to why … French civil-law countries have higher levels of financial allocation efficiency. Inflation uncertainty, typical of floating …

In Canada, targeting the inflation rate was intended as a temporary measure on a journey to price-level stability, but … account, changing beliefs about the stability or otherwise of ongoing inflation, the capacity of a flexible exchange rate to … inflation targeting arrived on the scene only after the Canadian regime was well established. …

domestic currency, increases interest rates, effectively controls inflation rates and reduces output. They do not find any …

inflation does not significantly affect bank profitability over both the short- and long-term. …