During the recent inflation episode, the paradigm of separated objectives for monetary and fiscal policies has shown … some limits. Fiscal policies have helped mitigate inflation. We advocate for the emergence of a new paradigm that gives …

This paper seeks to identify what worked and what didn't work to stop inflation in Argentina in the last seventy years … international economic conditions. The analysis sheds light on the debates shock vs. gradualism and orthodox vs. heterodox and puts …

We explore the dynamics of inflation, inflation expectations, and seigniorage-financed fiscal deficits in Mexico. To do … our results match to key economic events. Mexico has successfully stabilized inflation expectations for the past decades … so, we estimate the model in Sargent, Williams, and Zha (2009) using Mexican CPI inflation data. This model features dual …

the inflation–unemployment dynamics during the recession and COVID-19 times in India and the UK. Using a generalized … recession and eventually turn to stagflation in India due to inflation caused by the weak supply side. However, in the UK, the …