This paper studies monetary policy rules in a small open economy with Inflation Targeting, incomplete pass-through and …

While the long run relation between money and inflation is well established, empirical evidence on the adjustment to … volatility of the transmission from monetary pressure to inflation follows some structure, i.e., if the parameter regime can … state space model ; inflation ; money …

inflation and output stabilisation mandates of the CBN. The study also finds that inclusion of more instruments in the CBN … therefore emphasises the difficulty of the CBN to effectively manage inflation and output stabilisation simultaneously, which …

In this paper, we examine how economic shocks affect the distribution of household inflation expectations. We show that … the dynamics of households' expected inflation distributions are driven by three distinctive functional shocks, which … influence the expected inflation distribution through disagreement, level shift and ambiguity. Linking these functional shocks …

This study empirically examines the nexus among budget deficit, money supply and inflation by using a monthly data set … from January 1995 to December 2012 and a SVAR model with five endogenous variables, inflation, money growth, budget deficit … that money growth has positive effects on inflation while budget deficit growth has no impact on money growth and therefore …

Purpose: This paper aims to uncover the nexus between budget deficits, money growth and inflation in Vietnam in the … variables including inflation, real GDP growth, budget deficit growth, money growth and the interest rate. Findings: It is found … that inflation rose in response to positive shocks to money growth and that budget deficits had no significant impact on …

This paper presents a new formulation of conflict inflation labeled the "pass-through" approach, which contrasts with … the existing "pressure balance" approach. The model generates Phillips styled inflation - unemployment dynamics that are a … hybrid of Keynesian and NAIRU dynamics. Conflict inflation arises when economic activity rises above the consistent claims …

This paper investigates evidence of a Fisher effect in Nigeria by employing quarterly CPI inflation and Nominal … inflation rates in the long run despite the presence of positive relationship among the variables. Our study recommends the … adoption of potent policies aimed at checking inflation so as to help reduce high interest rates in order to stimulate growth …

applied to quarterly and monthly US inflation in an empirical study. We find that the persistence of quarterly inflation has … and density forecasts for monthly US inflation. …