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This paper re-examines the issue of the existence of threshold effects in the relationship...

Inflation distorts prices, erodes savings, discourages investment, stimulates capital flight,...

Inflation distorts prices, erodes savings, discourages investment,stimulates capital flight,...

In recent years, an inflation targeting framework for monetary policy has been adopted in a...

Since the mid-1970s the annual inflation rate in Africa has averaged more than 15 percent, with...

Although accommodative policies and widespread indexation may account for the persistence of high...