After the introduction of a stabilization program Israeli inflation decreased from 400% in 1985 to 2% in 2013. This … process is defined by three clear steps of high, medium and low inflation. The break dates are in line with major economic …

The conduct of inflation targeting is heavily dependent on accurate inflation forecasts. Non-linear models have … African infl ation by means of non-linear models and using a long historical dataset of seasonally-adjusted monthly inflation …, given the fact that 1969:10 marks the beginning of a protracted rising trend in South African inflation data, we estimate …

This paper exploits the Lucas’ (1973) signal extraction model to study the effect of uncertainty in the output-inflation … trade-off on inflation, using a monetary model with asymmetric central bank preferences over inflation and output. We show … monetary policy to influence inflation movements so that, higher volatility in monetary policy causes inflation to rise …

The oil price-inflation relationship has been at the center of attention among economists and policy makers, especially … after 1970’s oil shocks that resulted to a significant increase in the inflation rate in number of countries around the … world. In this study, we aim to investigate the evolving relationship between oil price and inflation in South Africa, using …

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 …

convertibility. The analysis shows that the effect of financial liberalization on rate of inflation and the movements of the nominal …

The persistence property of inflation is an important issue for not only economists, but, especially for central banks …, given that the degree of inflation persistence determines the extent to which central banks can control inflation. Also, not … only is the level of inflation persistence that is important in economic analyses, but also the question of whether the …

Anchored inflation expectations are of key importance for monetary policy. If long-terminflation expectations arewell … breaks to investigate the de- and re-anchoring of US inflation expectations. We confirm earlier evidence on the de …