Results 61 to 70 of about 171,081 (206)
Optimal Inflation-Targeting Rules [PDF]
, 2003 This paper characterizes optimal monetary policy for a range of alternative economic models in terms of a flexible inflation targeting rule, with a target criterion that depends on the model specification. It shows which forecast horizons should matter, and which variables besides inflation should be taken into account, for each specification.
Giannoni, Marc P., Woodford, Michael
openaire +4 more sources
Inflation Targeting and Regional Inflation Persistence: Evidence from Korea [PDF]
The adoption of a credible monetary policy regime such as inflation targeting is known to reduce the persistence of inflation fluctuations. This conclusion, however, is derived from aggregate inflation or sectoral inflation rates, not from regional ...
Peter Tillmann
core
Decoding Inflation: Role of Institutional Quality in Türkiye Using Advanced Econometric Techniques
İstanbul İktisat DergisiPersistent inflation remains a significant economic challenge in Türkiye. The causes of high inflation have been examined through various factors, including supply and demand, as well as monetary and fiscal policies.
Yıldırım Beyazıt Çiçen
doaj +1 more source
Asymmetric inflation target credibility [PDF]
Journal of International Money and FinanceThis paper investigates the determinants of inflation target credibility (ITC) using a unique survey we designed to measure the credibility of the ECB’s inflation target. Containing over 200,000 responses from German consumers collected between January 2019 and November 2024, our dataset enables us to estimate the effect of both positive and negative ...
Coleman, Winnie, Nautz, Dieter
openaire +4 more sources
Does Inflation Targeting Make a Difference? [PDF]
Yes, as inferred from panel evidence for inflation-targeting countries and a control group of high-achieving industrial countries that do not target inflation.
Frederic Mishkin, Klaus Schmidt-Hebbel
core
Limits of Inflation Targeting Strategy [PDF]
Theoretical and Applied Economics, 2006 This paper evaluates the trade-off between output volatility and the variability of the inflation rate around its target (Romanian case). The optimal choice for National Bank of Romania (NBR), in our opinion, is the flexible inflation targeting. For this
Aura Niculescu, Cristian Socol
doaj +1 more source
Inflation targeting: A time-frequency causal investigation. [PDF]
PLoS One, 2023 Islam TU, Ahmed D.
europepmc +1 more source
Price-level targeting and risk management in a low-inflation economy [PDF]
With inflation and policy interest rates at historically low levels, policymakers show great concern about "downside tail risks" due to a zero lower bound on nominal interest rates. Low probability or tail events, such as sustained deflation or recession,
Roberto Billi
core
An international comparison of inflation credibility surveys
South African Journal of Economic and Management Sciences, 2013 This paper analyses the methodology used in assessing inflation credibility (i.e. perceptions of the accuracy of historical inflation rates) in countries targeting inflation, and compares the approaches used in New Zealand, South Africa and Sweden.
Jannie Rossouw +2 more
doaj +1 more source
COVID-19 policy actions and inflation targeting in South Asia. [PDF]
J Asian Econ, 2023 Rizvi SAR, Pathirage K.
europepmc +1 more source