between inflation and economic growth beyond which the detrimental effects of high inflation offset the stimulating effects of … mild inflation on growth. However, it is not clear whether it is appropriate to assume an identical turning point in the … inflation and growth relation across countries at various stages of development. Using a non-linear specification and the data …

This article considers the employment costs of inflation reduction in developing countries from a gender perspective …. We explore two broad empirical questions: (1) what is the impact of inflation reduction on employment, and is the impact … contractionary inflation reduction, or periods of declining inflation that are accompanied by a loss of formal employment. After …

This paper presents an employment targeting (ET) framework as an alternative to an inflation targeting monetary policy … macroeconomic problems facing the South African economy, namely, employment, subject, of course, to an inflation constraint. Re … without seriously exacerbating inflation or exchange rate instability. …

The paper addresses Mexico's experience with inflation targeting, which became operational in the aftermath of the 1994 … within the boundaries of inflation targeting wherein the central bank would promote a 'stable and competitive' real exchange …

finds that inflation responds strongly to the exchange rate shocks reaching a maximum after six months, the net nominal wage … has a sharp increase in the first semester after a shock in the inflation followed by a slow absorption, while the …

simulation using the OeNB's inflation forecasting model. Finally, we derive conclusions for monetary and economic policy. … which oil price fluctuations are transmitted in order to assess their effects on inflation, economic growth and employment …

reducing inflation in foods and energy. Policymakers should envisage implementing changes above all in the service sector …

2004, the inflation rate dropped by half to 1.5% per annum from 2.7% (1987—1994). Initial price declines, e.g. in the food …. Overall inflation hardly changed following the street debut of euro banknotes and coins at the beginning of 2002; yet, prices … downward price adjustments roughly balanced each other out, no marked effect on the aggregate inflation rate was observed. To …

actual inflation — as measured by the Harmonised Index of Consumer Prices (HICP) — and the inflation perceived by the general … in question can in part be attributed to the fact that people 's perception of inflation seems to be based mainly on the … often. According to recent hypotheses on perceived inflation (Brachinger, 2005a), the public furthermore perceives price …

Evidence of the causal long-term relationship between budget deficit, money growth and inflation in Colombia is … relationship between inflation and money growth on the one hand, and between money growth and fiscal deficit, on the other. The …