There is widespread consensus among economists that high inflation is often caused by the government's need to raise … follow a Laffer curve, where seignorage first rises and them falls with higher inflation. If so, a rate of inflation exists … that maximizes steady-state inflation. Conventional estimates of the seignorage-maximizing rate of inflation often make use …

monetary targeting, and inflation targeting. Inflation targeting has successfully controlled inflation, with some … promote growth, and does not lead to increased fluctuations in output. But inflation targets do not necessarily reduce the … cost of reducing inflation. The key to success of inflation targeting, is its stress on transparency, and communication …

In the past 20 years, high and extremely volatile inflation rates in Latin America have generally been associated with … consensus that high inflation is bad for economic development and growth, so it is unclear why governments have adopted unstable … (dec-) accelerating inflation as the cost of collecting information (rises) falls compared with other welfare losses. When …

the inflation process in both countries. The purpose of this paper is to understand the reasons that led to the large … instability in inflation in both countries, and to explain why neither country succeeded in sustaining a high, but stable rate of … inflation. This instability was not accompanied by a noticeable increase in the average rate of inflation. In Argentina …

poor are more likely than the rich to mention inflation as a top national concern. This result survives several robustness … percentage decline in poverty, and the percentage change in the real minimum wage - are negatively correlated with inflation in … pooled cross-country samples. High inflation tends to lower the share of the bottom quintile and the real minimum wage - and …

The authors used the policy game approach to gain insight into a problem that has puzzled analysts of high inflation … economies. Why are programs based on tight fiscal and monetary policies slow at reducing inflation in high inflation countries … to use surprise inflation in a discretionary manner to achieve short term goals ( e.g. eroding the real wage or the real …

recurred throughout the post-World War II period. This paper provides a comparative analysis of the politics of inflation and … and inflation, especially the role that populism might play in propagating inflation. It examines the inflation histories … recurrent cycles of very high inflation over an extended period. The paper draws more extensively on case studies of particular …

Recent literature suggests that long-run averages of growth and inflation are only weakly correlated and that such … correlation is not robust to the exclusion of observations of extreme inflation. Including time series panel data has improved … matters, but an aggregate parametric approach remains inconclusive. The authors propose a nonparametric definition of high-inflation …