Results 11 to 20 of about 1,081,761 (301)
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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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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Review, 2006 Presentation before the Junior Achievement of Arkansas Inc, Little Rock, Ark., Feb.
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Cuadernos de Economía, 2021 We describe the experience of some economies that struggle to consolidate Inflation Targeting. We document the resilience of inflationary expectations during the first years after adoption by Israel, Brazil, Guatemala, Mexico, South Africa, and Turkey ...
Emiliano Libman, Santiago Taboada
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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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Inflation targeting in Brazil [PDF]
International Review of Applied Economics, 2011 The purpose of this paper is to examine the Inflation Targeting (IT) framework as it is applied in the case of Brazil since its adoption in June 1999. For this purpose we first summarize the macroeconometric model utilized by the Central Bank of Brazil (BCB) in its pursuit of the IT framework. While the focus of this paper is on Brazil, we also examine
Philip Arestis +2 more
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On Complex Inflation Targeting and Modified Inflation Indicators (Experience of Georgia)
Финансы: теория и практика, 2019 The paper analyzes inflation targeting which used in many countries as a tool for the monetary policy of central banks. The study of the experience of inflation targeting over the past quarter century shows a number of shortcomings.
V. Papava, V. Charaia
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Monetary strategies from the perspective of intermediate objectives [PDF]
Panoeconomicus, 2007 Central bank can apply different kinds of monetary strategies. This paper analyses monetary strategy from the perspective of intermediate objectives. Right strategy should help to fulfill targeted goals.
Neupauerová Marianna, Vravec Ján
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Inflation Zone Targeting [PDF]
SSRN Electronic Journal, 1999 Abstract 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. We show that the presence of either zone-quadratic preferences or a zone-linear relationship between inflation and economic activity provides strong incentives to ...
Orphanides, Athanasios, Wieland, Volker
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