Monetary Convergence of the EU Candidates to the Euro: A Theoretical Framework and Policy Implications [PDF]
A flexible approach to direct inflation targeting is a viable monetary policy choice for transition economies that is believed to facilitate both the economic transition and the monetary convergence to the euro.
Lucjan T Orlowski
core
Learning, endogenous indexation and disinflation in the New-Keynesian Model [PDF]
This paper introduces adaptive learning and endogenous indexation in the New-Keynesian Phillips curve and studies disinflation under inflation targeting policies.
Wieland, Volker
core +2 more sources
Hyperelastic Starch Hydrogel Configures Edible and Biodegradable All‐Components for Soft Robots
Hyperelastic starch hydrogel is tailored via a phase separation strategy of solvent‐antisolvent co‐modulation. The mechanical performance of starch hydrogel is widely tuned with maximum strains: 194.4–361.4%; maximum tensile stresses: 34–192 kPa; and Young's moduli: 36.0–205.8 kPa. Notably, the hydrogel achieves complete soil degradation within 24 days
Siyu Yao +7 more
wiley +1 more source
What do New-Keynesian Phillips Curves imply for price level targeting? [PDF]
This paper extends the analysis of price level targeting to a model including the New-Keynesian Phillips Curve. We examine the inflation-output variability tradeoffs implied by optimal inflation and price level rules.
Robert Dittmar, William T. Gavin
core
Pulmonary hypertension (PH) is a progressive condition with high morbidity and mortality, largely owing to right ventricular (RV) failure resulting from maladaptive remodeling. Our study provides strong evidence in support of a critical, detrimental role for AXL as a previously unrecognized determinant driving RV fibrotic pathology in PH.
Li‐Wei Wu +17 more
wiley +1 more source
PRICE-LEVEL TARGETING – A VIABLE ALTERNATIVE TO INFLATION TARGETING? [PDF]
The recent financial crisis that has led some central banks reaching the zero lower bound of their interest rate to use unconventional monetary policy instruments, has brought to the forefront theacademic discussions on the shift from inflation targeting
Iulian Vasile Popescu
doaj
CPI Inflation Targeting and Exchange Rate Pass-through [PDF]
This paper analyzes how imperfect exchange rate pass-through affects the transmission of the CPI inflation targeting optimal monetary policy. In the short run, delayed pass-through constraints monetary policy more than incomplete pass-through and ...
Alessandro Flamini
core
Ecosystem‐Centered Robot Design: Toward Ecoresorbable Sustainability Robots (ESRs)
Robots exploring natural ecosystems can support monitoring and conservation, but must adopt ecosystem‐centered design to avoid pollution, waste, and damage. This review proposes guidelines for co‐designing ecoresorbable sustainability robots (ESRs), uniting materials, robotics, and ecological contexts in a single framework.
Tülin Yılmaz Nayır +4 more
wiley +1 more source
Inflation Targeting is Neither Necessary Nor Sufficient [PDF]
Proponents of inflation targeting suggest that countries using this tool understand better, their responsibility for price stability and are able to better communicate their superior policy target. Thus, they also should achieve lower inflation.
Tatom, John
core +1 more source
(WP 2016-06) The Effectiveness of Central Bank Forward Guidance under Inflation and Price-Level Targeting [PDF]
This paper examines the effectiveness of central bank forward guidance under inflation and price-level targeting monetary policies. The results show that the attenuation of the effects of forward guidance can be solved if a central bank switches from ...
Cole, Stephen J.
core +1 more source

