Results 11 to 20 of about 3,579,788 (304)
Objective: to review a session of the “Digital Finance” permanent seminar at the Institute of Economics of the Russian Academy of Sciences which discussed the prerequisites and consequences of the issue, emission characteristics and circulation of the ...
S. A. Andryushin
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Controversies on the Central Bank Main Objective of Price Stability [PDF]
In the present study we propose a critical approach to the concept of price stability. In the beginning we have considered a literature review regarding price stability issues.
Vasile Cocris, Bogdan Cãpraru
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Price Stability as a Target for Monetary Policy: Defining and Maintaining Price Stability [PDF]
This paper discusses how price stability can be defined and how price stability can be maintained in practice. Some lessons for the Eurosystem are also considered. With regard to defining price stability, the choice between price-level stability and low (including zero) inflation and the decisions about the price index, the quantitative target and the ...
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Price Stability in Open Economies [PDF]
Summary: This paper studies the theoretical conditions under which price stability is the optimal policy in a two-country open-economy model with imperfect competition and price stickiness. Special conditions on the levels of country-specific distortionary taxation and the intratemporal and intertemporal elasticities of substitution need to be ...
BENIGNO, PIERPAOLO, G. BENIGNO
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Monitoring money for price stability [PDF]
Abstract In this paper, we use a simple model of money demand to characterize the behavior of monetary aggregates in the United States from 1960 to 2016. We argue that the demand for the currency component of the monetary base has been remarkably stable during this period.
Constantino Hevia, Juan Pablo Nicolini
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Monetary Policy Strategy in Romania [PDF]
Choosing this research theme was made because some European countries went through aperiod of post-communist transition, moving from a planned economy to a type of market economy,which has been the emergence of new events in monetary policy.
Cristina Burghelea +2 more
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Monetary Policy and Price Stability [PDF]
This paper explores issues that arise in implementing monetary policy under conditions of sustained price stability. We discuss several issues that concern the selection of a central bank's inflation objective: price measurement questions must be recognized in articulating the goals of monetary policy under sustained low inflation, questions about the ...
Karen H. Johnson +2 more
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Measuring the Stability of the Price System [PDF]
Is the high degree of indexing that characterized the Brazilian economy for decades a thing of the past, or could it be easily reactivated in the event of some important price shock? Alternatively: is the economy sufficiently stable to absorb a large exchange rate nominal devaluation?
Antonio Fiorencio, Ajax Moreira
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WHAT WE KNOW ABOUT THE CONVERGENCE CRITERIA FOR ROMANIA’S [PDF]
Knowing the criteria for joining the euro zone is carried out by informing with an adequate economic education. This education must help those interested to know the economic situation of a European nation.
LUCIAN-ION MEDAR, IRINA-ELENA CHIRTOC
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Price Stability and Financial Stability: The Historical Record [PDF]
Although the economic performance of the U.S. economy in 1997 was very good, it was troubling in at least one respect for the Federal Open Market Committee. Traditional signals of inflation - rapid money growth and high levels of economic activity - were not accompanied by higher inflation. Rather, inflation fell steadily throughout the year.
Michael D. Bordo, David C. Wheelock
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