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Managing Disinflation under Uncertainty [PDF]

open access: yes
In this paper we analyze disinflation policy when a central bank has imperfect information about private sector inflation expectations but learns about them from economic outcomes, which are in part the result of the disinflation policy itself.
Eric Schaling, Mewael F. Tesfaselassie
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MONETARY POLICY EFFECTIVENESS & YIELD CURVE DYNAMICS – US EXPERIENCE FROM AHETEREGENEOUS ECONOMIC PERSPECTIVE (2000-2009) [PDF]

open access: yes
The question of how do the monetary policy translate across the yield curve remain at the forefront of many recent policy debates. The monetary policy targets the very short end of the yield curve although real economic activity is largely dependent upon
MOHAMED Z. M. AAZIM
core  

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