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~institution:"EconWPA"
~institution:"Economics Section, Cardiff Business School"
~institution:"Federal Reserve Bank of St. Louis"
~institution:"Institut für Weltwirtschaft (IfW)"
~institution:"Internationaler Währungsfonds"
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ECONIS (ZBW)
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Republic of Mozambique : technical assistance report : inflation targeting and model-based monetary policy analysis
Internationaler Währungsfonds
-
2021
The purpose of the mission was to improve the understanding of the conduct of monetary policy in an inflation targeting (IT) central bank. During the September visit, the mission provided capacity building through daily morning seminars, giving an introduction to modern theory of monetary policy...
Persistent link: https://www.econbiz.de/10012516441
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2
Georgia : eighth review under the extended fund facility arrangement : press release; and staff report
Internationaler Währungsfonds
-
2021
Georgia has emerged from its second lockdown that was imposed in November 2020 following a sharp increase in COVID-19 cases. Vaccinations commenced in March 2021 and the country is now entering a critical stage in overcoming the pandemic. The lockdowns drove a contraction of around 6.2 percent...
Persistent link: https://www.econbiz.de/10012517676
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3
Argentina : ex-post evaluation of exceptional access under the 2018 stand-by arrangement : press release and staff report
Internationaler Währungsfonds
-
2021
On June 20, 2018, the Executive Board approved the largest stand-by arrangement in the Fund's history, in support of Argentina's 2018-21 economic program. After an augmentation in October 2018, access under the arrangement amounted to USD 57 billion (1,227 percent of Argentina's IMF quota). The...
Persistent link: https://www.econbiz.de/10013169527
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4
Inflation targeting in the USA
Bullard, James
-
Federal Reserve Bank of St. Louis
-
2012
February 6, 2012. Speech. "Inflation Targeting in the USA." Delivered at the Union League Club of Chicago, Breakfast@65West, Chicago, Ill.
Persistent link: https://www.econbiz.de/10010727287
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5
Hawks, doves, bubbles, and inflation targets
Bullard, James
-
Federal Reserve Bank of St. Louis
-
2012
April 16, 2012. "Hawks, Doves, Bubbles, and Inflation Targets" Presented at the George S. Eccles Distinguished Lecture, Jon M. Huntsman School of Business, Utah State University.
Persistent link: https://www.econbiz.de/10010727321
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6
The optimal inflation target in an economy with limited enforcement
Antinolfi, Gaetano
;
Azariadis, Costas
;
Bullard, James
-
Federal Reserve Bank of St. Louis
-
2012
We formulate the central bank’s problem of selecting an optimal long-run inflation rate as the choice of a distorting tax by a planner who wishes to maximize discounted stationary utility for a heterogeneous population of infinitely-lived households in an economy with constant aggregate income...
Persistent link: https://www.econbiz.de/10010585881
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7
Price-level targeting versus inflation targeting over the long-term
Hatcher, Michael
-
Economics Section, Cardiff Business School
-
2011
This paper investigates the long-term impact of price-level targeting on social welfare in an overlapping generations model in which the young save for old age by investing in productive capital and indexed and nominal government bonds. A key feature of the model is that the extent of bond...
Persistent link: https://www.econbiz.de/10008867537
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8
Inflation versus price-level targeting and the zero lower bound: Stochastic simulations from the Smets-Wouters US model
Hatcher, Michael
-
Economics Section, Cardiff Business School
-
2011
Using a version of the Smets-Wouters model of the US economy augmented to include both New Keynesian and New Classical sectors, this paper investigates the performance of inflation targeting and price-level targeting when the zero lower bound on nominal interest rates is occasionally-binding....
Persistent link: https://www.econbiz.de/10009359846
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9
Comparing inflation and price-level targeting: A comprehensive review of the literature
Hatcher, Michael
-
Economics Section, Cardiff Business School
-
2011
This paper provides a detailed survey of the economic literature comparing inflation and price-level targeting as macroeconomic stabilisation policies. Its contributions relative to past surveys are as follows. First, rather than focusing on any particular topic, the survey gives equal emphasis...
Persistent link: https://www.econbiz.de/10009251318
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10
Commodity prices, inflation targeting, and U.S. monetary policy
Bullard, James
-
Federal Reserve Bank of St. Louis
-
2011
May 24, 2011. Presented at the 2011 Joint Meeting of the Cape Girardeau and Jackson Rotary Clubs, Cape Girardeau, Mo.
Persistent link: https://www.econbiz.de/10010727356
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