area liquidity. U.S. excess liquidity also enters consistently positive as a determinant of euro area inflation. There is …

This paper explores inflation dynamics and monetary policy in Bolivia. Bolivia's monetary policy framework has been … effective in stabilizing inflation in recent times. This has been a challenging task given high price volatility of key consumer … framework has contributed to the stabilization of inflation, with effective transmission through the bank lending channel, while …

the following question: Were it not for an inflation targeting framework underpinned by a flexible exchange rate regime …

the Thai floods of 2011. Over this period, consistent with its inflation targeting framework, the Bank of Thailand (BOT … seeks to address the following question: if an inflation targeting framework underpinned by a flexible exchange rate regime …

-recession trend, suggesting hysteresis. Second, while inflation has decreased, it has decreased less than anticipated, suggesting a … breakdown of the relation between inflation and activity. To examine the first, we look at 122 recessions over the past 50 years … unemployment on inflation, for given expected inflation, decreased until the early 1990s, but has remained roughly stable since …