monetary policy and its institutions. Moreover, he comes to the conclusion that inflation targeting as a task, competence, or … Siekmann analyzes the legal foundation of the tasks and objectives of the Eurosysstem and price stability as a legal term. He …

inflation targeting as an alternative monetary policy framework to achieve the principal goal of monetary policy - price …Informed by the recent run of rising and persistent inflation in Nigeria, which puts headline and food inflation at 28 … the Central Bank of Nigeria to an inflation-targeting institution. First, we suggest either of the following bands for …

Reoccurring instability keeps forcing central banks repeatedly to intervene in financial markets, since the 2007 … counterfactual development demonstrates that unconventional monetary policy increased the top 10 percent to bottom 50 percent income …

Reoccurring instability keeps forcing central banks repeatedly to intervene in financial markets, since the 2007 … counterfactual development demonstrates that unconventional monetary policy increased the top 10 percent to bottom 50 percent income …

heterogeneity can, therefore, enhance central banks' understanding of monetary policy transmission and ultimately its effectiveness … emerging market economies, why they matter, and how central banks can adjust their monetary policy approaches in response. The …. Cross-sectional data can also help central banks understand economic conditions and the distributional effects of monetary …

The paper studies the inflation rate associated with optimal monetary policy in a standard suite of DSGE models, when ….There is an optimal inflation rate for producer prices in the Calvo model, given by the 'core inflation' process generated by … the indexation rule of the constrained price setters. It is constant only if core inflation is constant. A zero rate of …

-level stability and low (including zero) inflation and the decisions about the price index, the quantitative target and the role of … a commitment to a simple instrument rule (like a Taylor rule), forecast targeting (like inflation-forecast targeting … against inflation-forecast targeting are scrutinized and found unconvincing …

rate. We observe that most of the central banks adopt the regime after first achieving significant disinflation. With pre-inflation … inflation. The analysis has important implications for central banks looking forward to adoption of inflation targeting. …We construct an empirical test of whether the anticipation of adoption of inflation targeting affects the inflation …