I consider some of the leading arguments for assigning an important role to tracking the
growth of monetary aggregates when making decisions about monetary policy. First, I …

This paper analyses the short‐run impact of periods of strong monetary growth on inflation
dynamics for 15 industrialized economies. We find that when robust money growth is …

Several authors have recently interpreted the European Central Bank's (ECB's) two-pillar
framework as separate approaches to forecast and analyse inflation at different time …

We present and test a model of the Eurozone, with a special emphasis on the role of risk
aversion and money. The model follows the New Keynesian DSGE framework, money being …

While central banks generally have abandoned monetary targeting, many continue to attach
weight to monetary aggregates in setting policy. This raises the issue of how money can be …

Many central banks have abandoned monetary targeting because the link between money
growth and inflation seemed to disappear in the 1980s. Using spectral regression …

In this paper, we study the dynamic relationship between the public debt ratio and the
inflation rate. Using a non-linear macroeconomic model of difference equations, we analyze …

A commentary on the Neoclassical Economics as a Method of Scientific Research Program
which argues, that many theories in Neo-Classical Economics when tested using …

We analyze the forces that explain inflation using a panel of 122 countries from 1997 to
2015 with 37 regressors. Ninety-eight models motivated by economic theory are compared …

Arguments for a prominent role for attention to the growth rate of monetary aggregates in the
conduct of monetary policy are often based on references to low-frequency reduced-form …