This paper develops a model of inflation in an open economy. The model permits analysis of the susceptibility of open … paper arrives at a “structuralist inflation targeting agenda”. Based on a proper conception of inflation dynamics, this … involves “getting inflation targeting right” rather than either accepting mainstream inflation targeting prescriptions or …

does not play a role in restricting inflation in the short-run. On the other hand, a fixed exchange-rate regime plays a … significant role. The results are robust to controlling for other variables that determine inflation, performing sensitivity …

Inflation volatility is clearly important for structural analysis, forecasting and policy purposes, yet it is often …

This paper is focused on modern monetary theory's (MMT) treatment of inflation from an open-economy perspective. It … analyses how the inflation process is explained within the MMT framework and provides empirical evidence in support of this … vision. However, it also makes use of a stock-flow consistent open-economy model to underline some limits of the theory when …

This paper is focused on Modern Monetary Theory’s (MMT) treatment of inflation from an open economy perspective. It … analyzes how the inflation process is explained within the MMT framework and provides empirical evidence in support of this … vision. However, it also makes use of a stock-flow consistent (open economy) model to underline some limits of the theory …

After excluding countries with high-inflation crises - periods when annual inflation is above 40 percent - the data … reveal no evidence of a consistent relationship between growth and inflation, at any frequency. But growth does tend to fall … sharply during discrete crises of high inflation and to recover surprisingly strongly after inflation falls. Perhaps inflation …

the depreciation of the exchange rate leads to an increase in imported, producer and consumer inflation of 0.42 p.p., 0 … imported inflation and producer inflation does not seem translate into higher ERPT in consumer inflation. Further studies could … look at: First, the nature of the ERPT on different types of inflation and why this is heterogeneous in a time varying …

the depreciation of the exchange rate leads to an increase in imported, producer and consumer inflation of 0.42 p.p., 0 … imported inflation and producer inflation does not seem translate into higher ERPT in consumer inflation. Further studies could … look at: First, the nature of the ERPT on different types of inflation and why this is heterogeneous in a time varying …

The article develops a stylized medium-run post-Kaleckian open economy model with conflict inflation and combines two … demand, growth, trade balance, and inflation are generally ambiguous and highly contingent on the parameter constellation of …

We analyze the effects of world wars on the macroeconomic dynamics of the U.S., France, Germany, and the UK, by means …