Results 261 to 270 of about 1,024,195 (297)
Inflation targeting as a signaling mechanism [PDF]
This paper theoretically investigates inflation targeting when there is asymmetric information between the Central Bank and the public. The main argument of this study is that the inflation target can be used as a signaling mechanism through which the private sector learns about the private information of the Central Bank about future inflation and ...
openaire +3 more sources
Inflation Targeting and Inflation Uncertainty [PDF]
AbstractThis article empirically investigates the impact of inflation targeting on inflation uncertainty. We implement PARCH and GARCH methodologies to model conditional variance of inflation. We also investigate the relationship between level and volatility of inflation to analyze the validity of the Friedman hypothesis for IT countries.
openaire +2 more sources
Some of the next articles are maybe not open access.
Related searches:
Related searches:
2022
Abstract In the backdrop of rising inflationary numbers and a grim economic perspective, the RBI, in its MPC meeting on 4– 6 August 2020, had decided to leave the repo rate and reverse repo rate unchanged at 4% and 3.35%, respectively. The RBI maintained that its stance on the monetary policy was ‘accommodative’ as had been the case even
Jagadish Shettigar, Pooja Misra
openaire +1 more source
Abstract In the backdrop of rising inflationary numbers and a grim economic perspective, the RBI, in its MPC meeting on 4– 6 August 2020, had decided to leave the repo rate and reverse repo rate unchanged at 4% and 3.35%, respectively. The RBI maintained that its stance on the monetary policy was ‘accommodative’ as had been the case even
Jagadish Shettigar, Pooja Misra
openaire +1 more source
Inflation targeting and core inflation [PDF]
Abstract. This paper examines the interaction of core inflation and inflation targeting as a monetary policy regime. Interest in core inflation has grown because of inflation targeting. Core inflation is defined in numerous ways giving rise to many potential measures; this paper defines core inflation as the best forecaster of inflation.
openaire +1 more source
Inflation to target : what inflation to target? [PDF]
This paper derives a central bank's objective function and optimal policy rule for an economy with both CPI and PPI inflation rates. It implements constrained-optimal policy rules with minimal information requirement, and evaluates the robustness of these simple rules when the central bank may not know the exact sources of shocks or nominal rigidities.
Huang, Kevin X. D., Liu, Zheng
openaire
The rise of inflation targeting
Southern Economic JournalAbstractThis paper discusses the interactions between politics and economic ideas leading to the adoption of inflation targeting in the United States. In the gold standard era, farmers' vulnerability to falling prices made price‐level stabilization a salient political and social concern.
openaire +1 more source
Business Economics, 2005
There is substantial positive interest within the Federal Reserve in an explicit price level objective as a focus for evaluating Federal Reserve performance. Setting such an explicit objective would raise the question of whether price stability might acquire primacy among the mandates the Federal Reserve has received over the years.Business Economics ...
openaire +2 more sources
There is substantial positive interest within the Federal Reserve in an explicit price level objective as a focus for evaluating Federal Reserve performance. Setting such an explicit objective would raise the question of whether price stability might acquire primacy among the mandates the Federal Reserve has received over the years.Business Economics ...
openaire +2 more sources
IMF Policy Discussion Papers, 1999
This paper investigates the meaning of the bottom of target bands in inflation targeting regimes. It is argued that the design of lower limits on target bands, if not done with care, can lead to a lack of transparency, potentially confusing markets about how the authorities will react to a fall in inflation. After first discussing the conceptual issues,
openaire +2 more sources
This paper investigates the meaning of the bottom of target bands in inflation targeting regimes. It is argued that the design of lower limits on target bands, if not done with care, can lead to a lack of transparency, potentially confusing markets about how the authorities will react to a fall in inflation. After first discussing the conceptual issues,
openaire +2 more sources
The “inflation” in inflation targeting
2010Many central banks conduct monetary policy according to an inflation-targeting framework. Central to such a framework is the principle that monetary policy decisions are formulated in the context of an explicitly announced numerical target or range for some measure of inflation.
openaire +1 more source
Optimal Inflation Targeting: Further Developments of Inflation Targeting [PDF]
The introduction of inflation targeting has led to major progress in practical monetary policy. Nevertheless, inflation-targeting central banks can make substantial additional progress by being more specific, systematic, and transparent about their operational objectives (in the form of using an explicit intertemporal loss function), their forecasts ...
openaire

