for GDP growth and 0.6 pp for inflation respectively. Hence, the time as well as the volume of the interventions should be …

for GDP growth and 0.6 pp for inflation respectively. Hence, the time as well as the volume of the interventions should be …

The paper analyzes the effects of financial liberalization on steady-state inflation. We develop an overlapping … sign of the inflation-financial repression relationship depends crucially on the elasticity of substitution between the …

The paper analyzes the effects of financial liberalization on inflation. We develop a monetary and endogenous growth … Greece, Italy, Spain and Portugal, that typically had high reserve requirements, the model indicates a positive inflation …