Search Results - subject:"Inflation Targeting"

Monetary policy frameworks : an index and new evidence

Unsal, D. Filiz; Papageorgiou, Chris; Garbers, Hendre - 2022

We provide a multidimensional characterization of monetary policy frameworks across three pillars: Independence and Accountability, Policy and Operational Strategy, and Communications (IAPOC). We construct the IAPOC index by analyzing central banks' laws and websites for 50 advanced economies,...

Persistent link: https://www.econbiz.de/10013170321

The possible unemployment cost of average inflation below a credible target : a replication study of Svensson (American Economic Journal: Macroeconomics, 2015)

Oraby, Ramy - In: Journal of comments and replications in economics 1 (2022), pp. 1-21

This paper replicates the main analysis of Svensson (2015) with some expansion to the original analysis, mainly for the United States. Overall, the replication exercise successfully confirms the conclusions of Svensson (2015). In both Sweden and the United States, empirical evidence sup- ports...

Persistent link: https://www.econbiz.de/10013179358

Republic of Moldova : staff report for the 2021 Article IV consultation and requests for an arrangement under the extended fund facility and an arrangement under the extended credit facility : press release; staff report; and statement by the Executive Director for the Republic of Moldova

Internationaler Währungsfonds - 2022

The 2016-20 ECF/EFF helped rehabilitate Moldova's banking sector, bolstering macro-financial stability. However, the COVID-19 pandemic, drought in 2020, and the ongoing surge in global energy prices, have slowed economic activity, intensified downside risks, and complicated policy making. While...

Persistent link: https://www.econbiz.de/10013169228

Household heterogeneity and the performance of monetary policy frameworks

Djeutem, Edouard; He, Mario; Reza, Abeer; Zhang, Yang - 2022 - Last updated: March 8, 2022

We compare the performance of alternative monetary policy frameworks (inflation targeting, average inflation targeting …

Persistent link: https://www.econbiz.de/10013169230

What should the inflation target be? : views from 600 economists

Ambrocio, Gene; Ferrero, Andrea; Jokivuolle, Esa; … - 2022

history of inflation targeting, an additional 12% of the respondents would prefer a different (typically higher) target than …

Persistent link: https://www.econbiz.de/10013190820

The optimality of inflation targeting: the scope of hyperbolic discounting

Maeda, Daiki - 2022

Persistent link: https://www.econbiz.de/10013191801

State-contingent forward guidance

Gate, Julien Albertini; Jouvanceau, Valentin; Moyen, … - 2022

Persistent link: https://www.econbiz.de/10013193387

The effect of inflation targeting (it) policy on the inflation uncertainty and economic growth in selected African and European countries

Nene, Shelter Thelile; Ilesanmi, Kehinde Damilola; … - In: Economies : open access journal 10 (2022) 2, pp. 1-16

The study assessed the effect of inflation targeting (IT) policy on inflation uncertainty and economic growth in … targeting on economic growth in the selected countries. The results are as follows: (1) Inflation Targeting policy is …); (3) Inflation targeting has a negative impact on economic growth in African Countries; (4) The policy has a positive …

Persistent link: https://www.econbiz.de/10013164167

Price dispersion and the costs of inflation

Hahn, Volker - In: Journal of money, credit and banking : JMCB 54 (2022) 2/3, pp. 459-491

Persistent link: https://www.econbiz.de/10013167393

Is it time to reassess the focal role of core PCE inflation in assessing the trend in PCE inflation?

Verbrugge, Randal - In: Economía : revista del Departamento de Economía, … 45 (2022) 89, pp. 73-101

Persistent link: https://www.econbiz.de/10014253596