, the interest rate channel remains weak, even though there is some evidence of transmission to prices of changes in the …

The paper examines the effects of exchange rate fluctuations on real output and the price level in a sample of 33 … more significant, with varying effects on output growth and price inflation across developing countries. …

Prices in Russia have been decontrolled in several steps since early 1991, after decades of near-fixity. Their behavior … before and after the January 1992 price liberalization is analyzed here, as are the associated movements of wages and overall …

This paper uses a two-sector model to estimate the relationship between prices, money, and the exchange rate in … monetary aggregates, domestic prices, real income, and foreign interest rates. In addition, the error-correction model shows …

This paper examines the impact of a monetary policy shock on output, prices, and the nominal effective exchange rate … main results suggest that an exogenous increase in the short-term interest rate tends to be followed by a decline in prices … variations in the short-term interest rate account for significant fluctuations in the nominal exchange rate and prices, while …

output gap, and the real money gap. Using heterogeneous panel cointegration estimation techniques, we estimate cointegrating …