Results 21 to 30 of about 5,543,045 (391)
SAY NO TO INFLATION TARGETING: A CALL FOR THE ADAPTATION OF A ZERO-INTEREST REGIME
Journal of Islamic Monetary Economics and Finance, 2021 In its early history, monetary policy focused on numerous objectives, including stable growth, full employment, stable exchange rates and price stability.
Atiq ur Rehman
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Average Inflation Targeting and the Interest Rate Lower Bound
Social Science Research Network, 2020 Assigning a discretionary central bank a mandate to stabilize an average inflation rate - rather than a period-by-period inflation rate - increases welfare in a New Keynesian model with an occasionally binding lower bound on nominal interest rates. Under
Flora Budianto +2 more
semanticscholar +1 more source
Average Is Good Enough: Average-Inflation Targeting and the ELB
Federal Reserve Bank of San Francisco, Working Paper Series, 2020 The Great Recession and current pandemic have focused attention on the constraint on nominal interest rates from the effective lower bound. This has renewed interest in monetary policies that embed makeup strategies, such as price-level or average ...
R. Amano +3 more
semanticscholar +1 more source
Inflation Targeting and Economic Growth in the Middle East and North Africa (MENA): empirical modeling using ARDL approach [PDF]
Financial Markets, Institutions and Risks, 2022 This paper analyses the relationship between Inflation Targeting and economic growth in 20 countries in the Middle East and North Africa (MENA) countries region (Algeria, Saudi Arabia, Palestinian Authority, Bahrain, Djibouti, United Arab Emirates, Egypt,
Brahim Bouyacoub
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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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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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Revista economica, 2008 Inflation targeting is a monetary-policy strategy characterized by an announced numerical inflation target, an implementation of monetary policy that gives a major role to an inflation forecast that has been called forecast targeting, and a high degree of transparency and accountability.
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KREDIBILITAS BANK SENTRAL DAN PERSISTENSI INFLASI DI INDONESIA
Ekuitas: Jurnal Ekonomi dan Keuangan, 2018 Hubungan kredibilitas bank sentral dan persistensi inflasi masih menjadi kontroversi, padahal kepastian hubungan ini sangat penting untuk merumuskan kebijakan anti inflasi yang tepat.
Rachman Hakim +2 more
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