Why Price Inflation in Developed Countries is Systematically Underestimated

Decentralization and Inflation in Developed and Developing Countries

Do political and fiscal decentralization make it easier or harder to control inflation? If high inflation reflects the time inconsistency problem, devolving power might restrict the center’s ability to renege on promises of monetary stability, thus reducing inflation. If inflation results from failure to coordinate on a stabilization plan, devolving power to numerous regional governments should...

Why have total cholesterol levels declined in most developed countries?

BACKGROUND Our paper addresses three major public health issues: cholesterol, statins and policies to prevent cardiovascular disease. DISCUSSION Total cholesterol levels in whole populations have fallen substantially in the USA, UK and most other developed countries. This has greatly contributed to decreases in cardiovascular disease deaths. The evidence identifying diet as the major contribu...

Determinants of Inflation in Selected Countries

This paper focuses on developing models to study influential factors on the inflation rate for a panel of available countries in the World Bank data base during 2008-2012‎. ‎For this purpose‎, Random effect log-linear and Ordinal logistic models are used for the analysis of continuous and categorical inflation rate variables‎. ‎As the original inflation rate response to variables shows an appar...

Does Wage Inflation Cause Price Inflation?

The correlation between central bank independence and inflation in developed and emerging countries

A number of authors have developed varied indices for measuring central bank independence with the aim of determining whether there is any association between central bank independence and inflation rates. Most analyses focused on industrialized countries, although more recently the interest has shifted to the emerging and less developed countries. The general trust of the results of these stud...