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Monetary Magic? How the Fed Improved the Flexibility of the U.S. Economy
Author/Editor: Silvia Sgherri, Tamim Bayoumi. Release Date: February, 2004 Price: $15.00Extending recent theoretical contributions on sources of inflation inertia, we argue that monetary uncertainty accounts for sluggish expectations adjustment to nominal disturbances. Estimating a more... |
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Inflation Dynamics in the Dominican Republic
Author/Editor: Olumuyiwa Adedeji, Oral Williams. Release Date: February, 2004 Price: $15.00This paper investigates the determinants of inflation in the Dominican Republic during 1991-2002, a period characterized by remarkable macroeconomic stability and growth. By developing a parsimonious more... |
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