Results 11 to 20 of about 1,140,604 (301)
Nearly a quarter-century after Paul Volcker's declaration of war on inflation on October 6, 1979, Alan Greenspan declared that the goal had been achieved. Drawing on the extensive historical record, I examine the views of Chairmen Volcker and Greenspan on some aspects of the evolving monetary policy debate and explore some of the distinguishing ...
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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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Is Price Stability Enough? [PDF]
No one in the industrial countries should now question the substantial economic benefits associated with reducing inflation from earlier, high levels. At the same time, history also teaches that the stability of consumer prices might not be sufficient to ensure macroeconomic stability.
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Multiagent Maximum Coverage Problems: The Trade-off Between Anarchy and Stability
The price of anarchy and price of stability are three well-studied performance metrics that seek to characterize the inefficiency of equilibria in distributed systems.
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Unravelling the Effectiveness of Monetary Policy: A Cross-Country Analysis of Macro-economic Goal Performance [PDF]
Central banks occupy an indispensable role in the pursuit of crucial economic objectives that underpin a nation’s financial stability and prosperity.
Sedem Akorkor Deih
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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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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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The aim of delivering medium-term price stability is the stated objective of the Monetary Authority of Singapore. To this end, the central bank adopted an unusual exchange rate–based monetary policy framework that has served the economy well over the past decades.
CHOW, Hwee Kwan, XIE, Taojun
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In a recent paper F. Modigliani and T. Padoa-Schioppa analyzed the characteristics of an economy, such as Italy’s, in which wages are 100% protected against inflation through the mechanism of wage indexation to prices.
P.C. PADOAN, M.L. PETIT
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In the 1990s the independence of central banks has been considered as a condition for achieving durable price stability. The discussion about the independence of central banks is based on theoretical arguments and empirical evidence.
Helder Ferreira de Mendonça
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