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We analyze the dramatic decline in India's inflation over the last two years using an augmented...

Many inflation stabilizations succeed only temporarily. Using a sample of 51 episodes of...

Many central banks target an inflation rate near two percent. This essay argues that policymakers...

Inflation-targeting central banks have a respectable track record at explaining their policy...

Transparency is a central element in most aspects of the design and operation of inflation...

This paper examines the international experience with full-fledged inflation targeting monetary...