Since New Zealand adopted Inflation Targeting as a monetary policy in 1990, many countries have adopted inflation … using Survival Analysis with sample periods from 1980: Q1 to 2019: Q4. We explore whether the duration of high inflation … that inflation rates stay above the upper bound is shorter than the one that inflation rates stay below the lower bound of …

particular the aim of price stability, understood as low and stable inflation. Design/Research methods: The article was prepared … inflation reduces uncertainty about future price developments. This facilitates decision-making for companies concerning …

. The risk of future regime shifts has encompassing effects on equilibrium. Inflation is systematically higher than it would … stability. This inflation bias is increasing in the real value of government debt. Regime-switching probabilities are not … interest rate sufficiently moderately when inflation increases. Lower fiscal dominance risk, in turn, mitigates the inflation …