The main contribution of this paper is to jointly estimate the effects of financial development and inflation on growth …. We aim to exploit both the cross-section and the time-series dimension of the data on inflation, growth and some banking …, that the long-run costs of inflation are not explained by policies of financial repression, and second, that if inflation …

as a tool to compare the characteristics of European inflation dynamics with those observed in the U.S. We also analyse … the factors underlying inflation inertia by examining the cyclical behavior of marginal costs, as well as that of its two …

provincial inflation divergences and relative price shifts. Inflation differentials are found to be small (the range is less than …

Applying the concept of underlying inflation can be thought of as an attempt to capture the general trend in inflation … more accurately than with readily available data on headline inflation. In this paper a number of approaches to the … analysis of underlying inflation are examined from a unifying standpoint, stressing their complementary nature, and empirical …

We use an intefrated framework based on the CCAPM to jointly estimate ex-ante real interest rates, inflation risk … premia and agents' inflation expectation errors in four countries - France, Spain, UK and US - under three different …

People are concerned about maintaining purchasing power in times of rising inflation. We formulate investment … the assumption that inflation rates are mean-reverting. We consider alternative specifications for the inflation … added value of inflation-indexed bonds for the investor in our real framework. …

inflation and unemployment, fiscal balance, zloty real revaluation, capacity restructuring, private sector growth and …