shocks on inflation in Fiji. How the domestic inflation in a pegged exchange rate system is aligned with international price … also shows that due to the exchange rate depreciation, inflation has increased for many years in Fiji. The policy …

variable for Swedish inflation than the output gap. However, standard errors in the estimations are large and it is in fact … difficult to pin down a statistically significant relationship between either real marginal cost or the output gap and inflation. …

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

reducing inflation is a priority. The pre-requisite for such a policy, however, requires the establishment of a flexible …

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

This paper offers a reappraisal of the inflation-unemployment tradeoff, based on ?frictional growth,? describing the … effects. Although our theory contains no money illusion, no permanent nominal rigidities, and no departure from rational … expectations, there is a long-run inflation-unemployment tradeoff. Our empirical analysis suggests that this Phillips curve may be …

an important source of economic fluctuations, causing high inflation, unemployment and low or negative growth rates … although inflation has recently been increasing, it is relatively much lower compared with the 1970s. This paper focuses on the … strength of the response of monetary policy authority to the inflation. Finally, we evaluate the welfare implications of …