Results 11 to 20 of about 170,490 (353)
The Impact of Inflation Targeting on Inflation
Финансы: теория и практикаThe purpose of the paper is to assess the impact of the transition to the inflation targeting regime on inflation in modern conditions. To achieve this goal, we carry out econometric modeling of the impact of this monetary policy regime on the dynamics ...
P. S. Kartaev, O. S. Sazonov
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Inflation Targeting Model in Macroeconomics. [PDF]
Cybern Syst Anal, 2021 Empirical targeting by lowering inflation to the marginal level that causes monetary deflation and transition to depression is shown to increase the growth of the real GDP, while increasing inflation from the marginal level reduces the growth of the real GDP. The inflation is determined according to the theory of reproduction of the national economy by
Iefymenko TI, Dunaev BB, Lyubich AA.
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Econometric Inflation Targeting [PDF]
Econometrics Journal, 2003 Inflation targeting requires inflation forecasts, yet most models in the literature are either theoretical or calibrated. The motivation for this paper is therefore threefold: We seek to test and implement an econometric model forforecasting inflation in
Eilev S. Jansen +2 more
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Inflation zone targeting [PDF]
SSRN Electronic Journal, 1999 We study optimal monetary policy design in a simple model that deviates from the linear-quadratic paradigm and provides a rationale for the practice of inflation zone targeting.
Orphanides, Athanasios, Wieland, Volker
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Inflation targeting: What inflation rate to target? [PDF]
Journal of Monetary Economics, 2005 Abstract In an economy with nominal rigidities in both an intermediate good sector and a finished good sector, and thus with a natural distinction between CPI and PPI inflation rates, a benevolent central bank faces a tradeoff between stabilizing the two measures of inflation, a final output gap and, unique to our model, a real marginal cost gap in ...
Kevin X. D. Huang, Zheng Liu
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Inflation Targeting and Inflation Persistence [PDF]
Economic and Political Studies, 2015 This paper argues that the adoption of an inflation target reduces the persistence of inflation. We develop the theoretical literature on inflation persistence by introducing a Taylor Rule for monetary policy into a model of persistence and showing that inflation targets reduce inflation persistence. We investigate changes in the time series properties
George J. Bratsiotis +2 more
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Review, 2006 Presentation before the Junior Achievement of Arkansas Inc, Little Rock, Ark., Feb.
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Internal and external drivers of inflation in Nigeria [PDF]
Banks and Bank Systems, 2019 This study contributes to the literature on inflation dynamics by examining whether internal or external factors drive inflationary pressure in Nigeria. Using the annual time series data from 1981 to 2017 and applying Johansen cointegration analysis, the
Ngozi Adeleye +4 more
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The Effectiveness of Central Bank Forward Guidance Under Inflation and Price-level Targeting [PDF]
, 2018 This paper examines the effectiveness of central bank forward guidance under inflation and price-level targeting monetary policies. The results show that the beneficial effects of forward guidance increase if a central bank pursues price-level targeting ...
Cole, Stephen J.
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Inflation targets and inflation targeting [PDF]
The North American Journal of Economics and Finance, 2001 Abstract This paper examines the Federal Reserve System’s dual policy mandate pertaining to the promotion of price stability and high employment. It reviews the relative merits of single and dual mandates and assesses the viability of explicit inflation targets.
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