Results 31 to 40 of about 170,490 (353)
Inflation Targeting and Target Instability [PDF]
Monetary policy is modeled as governed by a known rule, except for a time-varying target rate of inflation. The variable target is taken as representing either discretionary deviations from the rule, or as the outcome of a policymaking committee that is unable to arrive at a consensus.
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Monetary Policy Rule under Inflation Targeting in Mongolia
This article aims to review the monetary policy rule under inflation targeting framework focusing on Mongolia. The empirical analysis estimates the policy reaction function to see if the inflation targeting has been linked with a monetary policy rule ...
Hiroyuki Taguchi, Saitama University
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Inflation Forecast Targeting: Implementing and Monitoring Inflation Targets [PDF]
The paper discusses the implementation of inflation-targeting across countries. It argues that the intermediate variable under an inflation target is, in effect, the inflation forecast. Such a regime is shown to confer benefits over other regimes, such as money and exchange rate targeting: in terms of the efficient implementation of policy; in terms of
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INFLATION AND ECONOMIC GROWTH TRENDS: GLOBAL AND SOUTH AFRICAN PERSPECTIVES
This paper explores the global inflation and economic growth trends, with a special focus on South Africa, from the 1970s – the period marked by the crumbling of the Bretton Woods system and the ensuing stagflation – to 2022. Our exploration reveals that
Shelton Mandeya, Sin-Yu Ho
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Moving from inflation targeting to prices and incomes policy [PDF]
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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Inflation targeting and inflation performance: a comparative analysis
This article examines how the impact of inflation targeting on inflation performance depends on the choice of country samples, adoption dates, time periods and methodological approaches. We apply two different estimation methods - difference-in-differences and propensity score matching - for our sample of 25 advanced and 59 emerging and developing ...
Samarina, Anna +2 more
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Inflation targeting challenges in emerging market countries: The case of Serbia [PDF]
In the past two decades Inflation targeting has been the monetary policy framework of choice for many developed nations around the world. A significant number of emerging market countries have gradually subscribed to the same monetary regime ...
Šoškić Dejan
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Although literature acknowledges the nonlinearity in monetary policy behaviour of central banks, the appropriateness of the models used to capture the nonlinearity remains questionable. Moreover, the paucity of research on nonlinear monetary policy rules
Abdul-Aziz Iddrisu +1 more
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The Future of Inflation Targeting* [PDF]
By the end of the Great Moderation, over two dozen central banks were formal inflation targeters, and others, such as the Federal Reserve, the European Central Bank and the Swiss National Bank, behaved essentially as inflation targeters even though they were resistant to identifying themselves as such.
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Asymmetry in Inflation Targeting
Following the world financial crisis beginning in the last quarter of 2008, aggregate demand and commodity prices have declined sharply leading to a fast decline in world inflation. This different and new period reflects the rise in risk appetite leading to high fluctuations in the short term capital flows.
DENİZ, Pınar, ASLANOĞLU, Erhan
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