Results 41 to 50 of about 63,034 (165)
Human resource challenges in scaling up the response to HIV in Papua New Guinea
Western Pacific Surveillance and Response, 2012 In Papua New Guinea, an estimated 0.9% of the adult population is infected with HIV, and the spread of the epidemic is geographically heterogeneous.
John Rule +3 more
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Purchasing Power Parity and the Taylor Rule [PDF]
SSRN Electronic Journal, 2013 SummaryIt is well known that there is a large degree of uncertainty around Rogoff's consensus half‐life of the real exchange rate. To obtain a more efficient estimator, we develop a system method that combines the Taylor rule and a standard exchange rate model to estimate half‐lives. Further, we propose a median unbiased estimator for the system method
Hyeongwoo, Kim +3 more
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Optimal Monetary Policy and Exchange Rate in a Small Open Economy with Unemployment
East Asian Economic Review, 2014 In this paper, we consider a small open economy under the New Keynesian model with unemployment of Gali (2011a, b) to discuss the design of the monetary policy. Our findings can be summarized in three parts. First, even with the existence of unemployment,
Hyuk-Jae Rhee , Jeongseok Song
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Central Banks’ Response to Inflation, Output Gap, and Exchange Rate in Nigeria and South Africa
Cogent Business & Management, 2021 In Africa, a number of countries like South Africa have adopted inflation targeting. In Nigeria, different monetary policy regimes have been adopted over the years with rather unsatisfactory success. This study examines inflation targeting in Nigeria and
Olusegun Vincent
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Taylor Rules and Liquidity in Financial Markets [PDF]
Revue économique, 2020 Nous revisitons l’histoire de la politique monétaire américaine dans le cadre d’une règle de Taylor, en utilisant des données et des informations de marché en temps réel. Nous constatons une instabilité importante des paramètres de la fonction de réaction de la Federal Reserve à l’écart de production et aux espérances d’inflation.
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Mehmet Akif Ersoy Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 2019 Merkezbankalarının temel hedeflerinden biri parasal istikrarı sağlamaktır. Bu amacaulaşılmada enflasyonla mücadele önemli bir yer tutmaktadır. Özellikle enflasyonhedeflemesine giden merkez bankaları temel araç olarak faiz oranlarınıkullanmaktadır ...
Utku Altunöz
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Toward a Taylor Rule for Fiscal Policy [PDF]
SSRN Electronic Journal, 2010 Abstract In DSGE models, fiscal policy is typically described by simple rules in which tax rates respond to the level of output. We show that there is only weak empirical evidence in favor of such specifications in US data. Instead, the cyclical movements of labor and capital income tax rates are better described by a contemporaneous response to ...
Kliem, Martin, Kriwoluzky, Alexander
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Interest Rate Policy Of Selected Central Banks In Central And Eastern Europe
Comparative Economic Research, 2015 The aim of this article is to present and evaluate interest rate policies of three selected central banks in Central and Eastern Europe (Poland, the Czech Republic, and Hungary) from 2001 to 2013.
Tomasz Grabia
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Disentangling Permanent and Transitory Monetary Shocks with a Nonlinear Taylor Rule
Economics: Journal Articles, 2021 This article provides an estimation method to decompose monetary policy innovations into persistent and transitory components using the nonlinear Taylor rule proposed in Andolfatto, Hendry, and Moran (2008) [Are inflation expectations rational?
Lafuente Juan Ángel +3 more
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