The continuous depreciation of the exchange rate in Ghana has raised concern about its effect on inflation and the … economy at large. This paper examines the threshold effect of exchange rate pass-through (ERPT) on inflation using a monthly … depreciation beyond a monthly threshold of 0.70% has a significant positive pass-through effect on inflation, which gives credence …

monetary policy on inflation and non-inflation targeting emerging markets post credit crunch and during COVID-19 from 2000Q1 to … two, for inflation and non-inflation targeting emerging markets, respectively. Model one consists of eight inflation-targeting … markets, and Model two consists of four non-inflation-targeting countries. Other included control variables are equity prices …

This article investigates the post-1990 link between broad money growth and inflation in 16 full-fledged inflation-targeting … regimes and four benchmark non-inflation-targeting regimes. This study employs the Christiano-Fitzgerald band-pass filter and …-pass filtering techniques, the link between money growth and inflation was weak and statistically nonsignificant over the …

English Abstract: The purpose of this workpaper is to estimate the range of inflation rates for Russia that are … consistent with the concept of optimal inflation, as well as to compare the obtained estimations with the corresponding estimates … affecting the optimal lvel of inflation in the framework of theoretical works, including factors determining the positivity of …

target than otherwise, for inflation rates in five inflation targeting countries (Australia, New Zealand, Sweden, United …This study empirically documents that inflation is significantly more persistent when it is below the central bank … States and the Euro- Area). The study uses a threshold autoregressive (TAR) model to test for asymmetry in inflation …

result of adopting the inflation targeting regime in India. We use state-level variation in inflation and inflation … sensitivity of growth to monetary policy shocks increases in response to inflation targeting as a result of changing real rates …. Consequently, inflation also responds more to monetary policy shocks under the inflation-targeting regime. Inflation expectations …

not an outcome of inflation targeting. The paper firstly revises the theoretical background of inflation targeting and … is presented, which critically discusses the necessary framework under which tools of inflation targeting might work to … underlying macroeconomic consensus is that inflation rates of 2% are consistent with a stable rise of economic growth. While most …

This paper aims at assessing the impact of inflation targeting on actual inflation when considering inflation … perceptions together with interrelated inflation expectations, modifying the seminal papers of Barro and Gordon (1983a and 1983b …). The modeling of inflation perceptions and of inflation expectations follows suggestions of recent literature, but also …