Results 21 to 30 of about 171,081 (206)
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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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
doaj +1 more source
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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Review, 2006 Presentation before the Junior Achievement of Arkansas Inc, Little Rock, Ark., Feb.
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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 Forecasts Versus Shaping Inflation Expectations. Comparative Analysis
Comparative Economic Research, 2015 This article jointly analyzes inflation expectations of consumers and inflation forecasts. Its starting point is the predominant role of expectations in monetary policy.
Magdalena Szyszko
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Moving from inflation targeting to prices and incomes policy [PDF]
Panoeconomicus, 2013 This paper focuses on the future of economic policies with regard to inflation. The dominant approach to inflation over the past two decades or so has been inflation targeting.
Arestis Philip, Sawyer Malcolm
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Economies, 2022 The study assessed the effect of inflation targeting (IT) policy on inflation uncertainty and economic growth in African and European IT countries. This study contributes to the existing knowledge by analysing and comparing the African IT and European IT
Shelter Thelile Nene +2 more
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European Economic Review, 2003 Abstract This paper divides the monetary frameworks of countries that use an inflation target to define their monetary framework into three different regimes: (i) full-fledged inflation targeting, (ii) implicit price stability anchor, and (iii) inflation targeting lite.
Alina Carare, Mark R. Stone
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Does talk matter after all? Inflation targeting and central bank behavior [PDF]
, 1999 Since 1990, a number of countries have adopted inflation targeting as their declared monetary strategy. Interpretations of the significance of this movement, however, have differed widely.
Kuttner, Kenneth N., Posen, Adam S.
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