Search Results - subject:"Inflation persistence"

Rhee, Hyuk; Turdaliev, Nurlan - In: Open Economies Review 23 (2012) 3, pp. 447-471

Persistent link: https://www.econbiz.de/10010865247

Where Does the Axe Fall? Inflation Dynamics and Poverty Rates: Regional and Sectoral Evidence for Ghana

Coleman, Simeon - In: World Development 40 (2012) 12, pp. 2454-2467

impacts of inflation persistence would, most likely, hit hardest and policy should target. In particular, we conclude that the …

Persistent link: https://www.econbiz.de/10011052136

Optimal monetary policy in a small open economy with inflation and output persistence

Rhee, Hyuk-jae; Turdaliev, Nurlan - In: Economic Modelling 29 (2012) 6, pp. 2533-2542

We study optimal monetary policy for a small open economy in a model where both inflation and output show persistence. We incorporate habit formation into intertemporal consumption decision and modify the Calvo price setting to include indexation to past inflation. The message conveyed from this...

Persistent link: https://www.econbiz.de/10010588252

Optimal long-run inflation and the New Keynesian model

Pontiggia, D. - In: Journal of Macroeconomics 34 (2012) 4, pp. 1077-1094

Central banks typically have a long-run inflation target that is modestly positive. However, the standard New Keynesian framework prescribes that zero inflation is the optimal long-run target. In this paper, we show that when the baseline New Keynesian model is extended to allow for...

Persistent link: https://www.econbiz.de/10010595233

The changing dynamics of US inflation persistence: a quantile regression approach

Tillmann, Peter; Wolters, Maik H. - Volkswirtschaft Abteilung, Fachbereich … - 2012

We examine both the degree and the structural stability of inflation persistence at different quantiles of the … higher inflation persistence at the upper than at the lower tail of the conditional inflation distribution. Based on post … a structural break in persistence at all quantiles of the inflation process in the early 1980s. Inflation persistence …

Persistent link: https://www.econbiz.de/10010612066

Inflation targeting and inflation persistence in Asia–Pacific

Gerlach, Stefan; Tillmann, Peter - In: Journal of Asian Economics 23 (2012) 4, pp. 360-373

Following the Asian financial crisis in 1997–1998, a number of regional central banks adopted inflation targeting. While it is possible for the average inflation rate to be close to target, deviations of inflation could nevertheless be large and protracted. We therefore explore how successful...

Persistent link: https://www.econbiz.de/10010664180

The role of food price inflation in Lesotho

Thamae, Retselisitsoe I. - In: International Journal of Economic Policy in Emerging … 5 (2012) 4, pp. 367-386

The paper analyses the role of food price movements in inflation within the Lesotho's economy. The results reveal that food inflation has generally not only been more volatile and higher than non-food inflation, but also more persistent than the inflation of non-food products. Furthermore, food...

Persistent link: https://www.econbiz.de/10010668602

Optimal long-run inflation and the New Keynesian model

Pontiggia, D. - In: Journal of macroeconomics 34 (2012) 4, pp. 1077-1094

Persistent link: https://www.econbiz.de/10009703303

Optimal monetary policy in a small open economy with inflation and output persistence

Rhee, Hyuk Jae; Turdaliev, Nurlan - In: Economic modelling 29 (2012) 6, pp. 2533-2542

Persistent link: https://www.econbiz.de/10009673666

Inflation targeting and inflation persistence in Asia-Pacific

Gerlach, Stefan; Tillmann, Peter - In: Journal of Asian economics 23 (2012) 4, pp. 360-373

Persistent link: https://www.econbiz.de/10009663307