Results 31 to 40 of about 1,081,761 (301)
Monetary Policy Rule under Inflation Targeting in Mongolia
East Asian Economic Review, 2018 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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Asymmetry in Inflation Targeting
SSRN Electronic Journal, 2017 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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La cible d’inflation de la Fed : continuité ou rupture ?
Revue de la Régulation, 2013 The 25th of January 2012, Chairman Bernanke’s Fed announced a 2% inflation target, although this idea was not accepted under previous Chairman Greenspan. How and why the Fed has changed its preferences? How does the Fed justify its decision?
Emmanuel Carré
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Inflation targeting challenges in emerging market countries: The case of Serbia [PDF]
Ekonomski Anali, 2015 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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Journal of Money, Credit and Banking, 2017 This paper studies long‐run inflation targets and stability in an imperfect information environment. When central banks set an inflation target that is not fully communicated, agents draw inferences about inflation from recent data and remain alert to structural change by forming expectations from a forecasting model that is estimated via discounted ...
Branch, William A., Evans, George W.
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Inflation Targeting: A Framework for Communication [PDF]
The B.E. Journal of Macroeconomics, 2009 We analyze how the provision of an explicit numerical inflation target provides a focal point for agents' expectations when information is imperfect. Communicating a target and a tolerance band around it provides a clear framework with which to evaluate monetary policy outcomes. We show how inflation targeting exploits the self-reinforcing loop between
Demertzis, Maria, Viegi, Nicola
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How are Inflation Targets Set? [PDF]
SSRN Electronic Journal, 2010 This paper aims to contribute to a better understanding on how inflation targets are set. For this reason, we first gather evidence from official central bank and government publications and from a questionnaire sent to central banks on how inflation targets are set; we then estimate the determinants of the level of inflation target in 19 inflation ...
Roman Horváth, Jakub Matějů
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Revista de Economia ContemporâneaRESUMO O objetivo deste artigo é analisar o regime de metas de inflação (RMI) no Brasil à luz das experiências de outros países emergentes selecionados, quais sejam: África do Sul, Chile, Colômbia, Coreia do Sul e México. Para tanto, há uma exposição dos
Mateus Ramalho Ribeiro da Fonseca +2 more
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Cogent Economics & Finance, 2021 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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European Economic Review, 2003 This paper classifies countries that define their monetary policy framework by an inflation target into full-fledged inflation targeters, eclectic inflation targeters and inflation targeting lite regimes. This classification is based on indicators of the clarity and credibility of the commitment to the inflation target.
Alina Carare, Mark R. Stone
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