inflation are co-breaking. We argue that the step-like development of inflation is in line with shocks and monetary policy that …% inflation was accomplished by introducing an inflation targeting regime. …

A flexible approach to direct inflation targeting is a viable monetary policy choice for transition economies that is … analytical model investigating the link between the inflation process and monetary variables in transition economies is advanced … that the monetary convergence begins with inflation targeting and concludes with a full-fledged euroization. It further …

A flexible approach to direct inflation targeting is a viable monetary policy choice for transition economies that is … analytical model investigating the link between the inflation process and monetary variables in transition economies is advanced … that the monetary convergence begins with inflation targeting and concludes with a full-fledged euroization. It further …

The possible short-run trade-off between the inflation (gap) and the output (gap) remains a critical policy issue for … any emerging economy; particularly when an implicit or an explicit inflation targeting monetary policy is considered. The … New Keynesian Phillips Curve (NKPC) has recently set up a framework on the trade-off between the inflation (gap) and the …

This paper studies monetary policy rules in a small open economy with Inflation Targeting, incomplete pass-through and …

effects of uncertainty shocks on inflation. We find the response of inflation to be statistically insignificant until mid …

-specified and stable money demand in India after incorporating the inflation forecast variable as one of the essential determinants … aggregate, in the ongoing flexible inflation targeting framework, as one of the essential information or indicator variables …

There has been mounting evidence that the inflation process has been changing. Inflation is now much lower and much … more effective. There is no doubt in our mind that this explanation goes a long way towards explaining the better inflation …. We argue that prevailing models of inflation are too country-centric, in the sense that they fail to take sufficient …

for inflation dynamics: under right-to-manage, the real wage rigidity also results in smaller fluctuations of inflation …. These findings are consistent with recent evidence suggesting that real wages and inflation only vary by a moderate amount …