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Inflation targets and inflation targeting [PDF]
The Federal Reserve currently has a dual mandate: promote price stability and full employment. In a speech presented at the University of California at San Diego Economic Roundtable, Laurence Meyer explores two policy options that would change the ...
Laurence H. Meyer
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A Dynamic Approach to Inflation Targeting in Transition Economies [PDF]
This study views inflation targeting as a viable regime for more advanced transition economies. A dynamic approach to the trajectory of disinflation and the flexibility of direct inflation targeting is presented in the context of achieving monetary ...
Lucjan T Orlowski
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A two-pillar strategy to keep inflation expectations at bay: A basic theoretical framework. [PDF]
Using a simple macro-economic model, this study shows how a two-pillar monetary strategy as practiced by the European central bank (ECB) can be conceived to guarantee dynamic macro-economic stability and the credibility of monetary policy.
Meixing DAI
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Inflation Targeting - the Holy Grail of Monetary Policy? [PDF]
Inflation targeting is a statement about the objective of central bank policy and not about operating procedures. Its success depends not only on the actions of the central bank, but requires a broad consensus concerning the proper role of monetary ...
Hans Genberg
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, 2012 The main thesis presents the concept of inflation targeting (IT). It begins with a brief history of inflation targeting and presents some of its key elements. Based on recent literature it lays out the whole concept of IT mentioning advantages, disadvantages and critiques of the IT model. The main focus of the thesis is the European Union, its monetary
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Does Inflation Targeting Matter for Output Growth? Evidence from Industrial and Emerging Economies [PDF]
This paper examines the effects of inflation targeting on industrial and emerging economies' output growth over the "globalization years" of 1986-2004.
Carneiro, Francisco G. +2 more
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Assessing Inflation Targeting Through Intervention Analysis [PDF]
The aim of this paper is to deal with the empirical aspects of the ‘new’ monetary policy framework, known as Inflation Targeting. Applying Intervention Analysis to multivariate Structural Time Series models, new empirical evidence is produced in the case
Alvaro Angeriz, Philip Arestis
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Inflation Targeting as the Monetary Policy Framework: Bangladesh Perspective [PDF]
Inflation targeting strategy has become a widely accepted monetary policy framework in many countries all over the world. Our study finds that the central bank of Bangladesh is neither inflation targeting nor does follow any other rule-guided monetary ...
Mohammad Taslim UDDIN +1 more
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An Overhaul of a Doctrine: Has Inflation Targeting Opened a New Era in Developing-country Peggers? [PDF]
The aim of this paper is to empirically examine the effect of a regime switch, from exchange-rate targeting (fixed exchange rate) to inflation targeting, on monetary policy in developing economies, hence adding to evidence on whether inflation targeting ...
Marjan Petreski
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From Inflation to Exchange Rate Targeting: Estimating the Stabilization Effects [PDF]
This paper attempts to estimate possible losses in macroeconomic stabilization due to a move from inflation to exchange rate targeting on an example of the Czech Republic.
Melecky, Ales, Melecky, Martin
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