networks. Starting with country-level data, we find that both producer price and consumer price inflation rates move more … intermediate inputs for economies in the Asia–Pacific region and examine the impact on domestic producer prices of changes in costs …

fixes, a reasonably durable regime. However, most of the new stability is due to countries that float with an inflation … target. Though a few have left to join the Eurozone, no country has yet abandoned an inflation targeting regime under duress …. Inflation targeting now represents a serious alternative to a hard exchange rate fix for small economies seeking monetary …

are nested within this framework: the (squared) optimal targeting rule; inflation, output-gap growth and nominal income … growth targeting; and inflation and output-gap contracts. …

-run nor in the long-term and; (2) with the exception of financial size that impacts inflation in the EAMZ in the short …

In this paper we incorporate the term structure of interest rates in a standard inflation forecast targeting framework … inflation forecast targeting in two environments.One in which the central bank has perfect knowledge, in the sense that it …

inflation-reduction policy. The central idea is that the decision about membership in the union leads to a redistribution …. For example, if joining the union means a decrease in the inflation rate, creditors should favor joining while debtors … should be against it. A government of a high inflation country might strategically try to exploit this effect by selling more …

From 2003, the Indian economy enjoyed a boom in growth coupled with moderate inflation for five years. The economy grew … persistence of inflation in an environment of falling economic growth has come out as a “puzzle” to policymakers’ and many in the … economy. The RBI compounded the problem by being sluggish and soft on inflation after the economy bounced back from the …

of total inflation to price nominal Treasuries. This approach captures different frequencies in inflation fluctuations … a common structure of latent factors determines and predicts the term structure of yields and inflation. The model … outperforms popular benchmarks and is at par with the Survey of Professional Forecasters in forecasting inflation. Real rates …

Our paper studies the relationship between money growth and consumer price inflation in the euro area using wavelet … analysis. Wavelet analysis allows to account for variations in the money growth-inflation relationship both across the … frequency spectrum and across time. We find evidence of strong comovements between money growth and inflation at low frequencies …