Search Results - subject:"Monetary Targeting"

On the transactions costs of UK quantitative easing

Breedon, Francis J. - In: Journal of banking & finance 88 (2018), pp. 347-356

Persistent link: https://www.econbiz.de/10011962928

Quantitative easing

Sterk, Vincent; Cui, Wei - 2018

Persistent link: https://www.econbiz.de/10012060282

Taming Japan's deflation : the debate over unconventional monetary policy

Park, Gene; Katada, Saori N.; Chiozza, Giacomo; Kojō, … - 2018

Ideas, networks and monetary politics in Japan -- Deflation, monetary policy responses, and the BOJ -- Monetary politics: interests, ideas and policy networks -- The BOJ worldview and its historical development -- The monetary policy network -- Ideas and monetary policy: a quantitative test --...

Persistent link: https://www.econbiz.de/10012313412

Economic (in)stability under monetary targeting

Sessa, Luca - Banca d'Italia - 2012

the Sidrauski-Brock-Calvo framework, which isolates the contribution of monetary non-neutralities and monetary targeting …

Persistent link: https://www.econbiz.de/10011099687

MERKEZ BANKASI POLİTİKALARININ FİYAT İSTİKRARI VE DİĞER İKTİSADİ OLGULAR AÇISINDAN DEĞERLENDİRİLMESİ VE TÜRKİYE’DE ENFLASYON HEDEFLEMESİ ÖRNEĞİ

dogru, bulent - Volkswirtschaftliche Fakultät, … - 2012

first monetary targeting program to public in 1990, and has begun to implement monetary policy by rules. Although CBRT had …, CBRT has applied four different monetary policy intermediate regimes in past 20 years for price stability goal:1) Monetary … targeting, 2) exchange-rate targeting, 3)implicit inflation targeting, and 4) explicit inflation targeting regime. In this study …

Persistent link: https://www.econbiz.de/10011258715

Alternative Monetary Policy Rules for India

Kapur, Muneesh; Patra, Michael Debabrata - International Monetary Fund (IMF) - 2012

This paper empirically evaluates the operational performance of the McCallum rule, the Taylor rule and hybrid rules in India over the period 1996-2011 using quarterly data, with a view to analytically informing the conduct of monetary policy. The results show that forward-looking formulations of...

Persistent link: https://www.econbiz.de/10010790253

The Optimal Inflation Target in an Economy with Limited Enforcement

Antinolfi, Gaetano - 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/10013098936

A Shift-Adjusted M2 Indicator for Monetary Policy

Hetzel, Robert L. - 2012

In the past, over periods of several years, the growth rate of the public's dollar expenditure has corresponded to the growth rate of the monetary aggregate M2. At present, however, M2 is growing significantly slower than dollar expenditure. About half of this slowness can be explained by the...

Persistent link: https://www.econbiz.de/10013102476

Monetary Control Under Alternative Operating Procedures

Dotsey, Michael - 2012

This paper provides a detailed examination of various money stock control procedures in a rational expectations environment. The analysis investigates the relative efficiency of controlling monetary aggregate through the use of an interest rate instrument or through various reserve measures...

Persistent link: https://www.econbiz.de/10013102653

Base Drift and the Longer Run Growth of M1 : Experience from a Decade of Monetary Targeting

Broaddus, J. Alfred - 2012

This article discusses a technical aspect of the Federal Reserve's monetary targeting procedure that has come to be …

Persistent link: https://www.econbiz.de/10013102661