Search Results - subject:"inertia in demand" - EconBiz

Performance of Inflation Targeting Based On Constant Interest Rate Projections

Mitra, Kaushik; Honkapohja, Seppo - Department of Economics, Royal Holloway University of London - 2004

Monetary policy is sometimes formulated in terms of a target level of inflation, a fixed time horizon and a constant interest rate that is anticipated to achieve the target at the specified horizon. These requirements lead to constant interest rate (CIR) instrument rules. Using the standard New...

Persistent link: https://www.econbiz.de/10005784819

Performance of Inflation Targeting Based on Constant Interest Rate Projections

Honkapohja, Seppo; Mitra, Kaushik - Centre for Dynamic Macroeconomic Analysis, University … - 2004

Monetary policy is sometimes formulated in terms of a target level of inflation, a fixed time horizon and a constant interest rate that is anticipated to achieve the target at the specified horizon. These requirements lead to constant interest rate (CIR) instrument rules. Using the standard New...

Persistent link: https://www.econbiz.de/10005698035

Performance of inflation targeting based on constant interest rate projections

Honkapohja, Seppo; Mitra, Kaushik - 2003

Monetary policy is sometimes formulated in terms of a target level of inflation, a fixed time horizon and a constant interest rate that is anticipated to achieve the target at the specified horizon. These requirements lead to constant interest rate (CIR)instrument rules. Using the standard New...

Persistent link: https://www.econbiz.de/10010298248

Performance of inflation targeting based on constant interest rate projections

Honkapohja, Seppo; Mitra, Kaushik - Center for Financial Studies - 2003

Monetary policy is sometimes formulated in terms of a target level of inflation, a fixed time horizon and a constant interest rate that is anticipated to achieve the target at the specified horizon. These requirements lead to constant interest rate (CIR)instrument rules. Using the standard New...

Persistent link: https://www.econbiz.de/10010958632

Performance of Inflation Targeting Based On Constant Interest Rate Projections

Honkapohja, Seppo; Mitra, Kaushik - Center for Financial Studies - 2003

under learning, inflation targeting, inertia in demand, inflation inertia 1 Introduction Inflation targeting has become a …

Persistent link: https://www.econbiz.de/10005176454

Performance of Inflation Targeting Based on Constant Interest Rate Projections

Honkapohja, Seppo; Mitra, Kaushik - C.E.P.R. Discussion Papers - 2003

Monetary policy is sometimes formulated in terms of a target level of inflation, a fixed time horizon and a constant interest rate that is anticipated to achieve the target at the specified horizon. These requirements lead to constant interest rate (CIR) instrument rules. Using the standard New...

Persistent link: https://www.econbiz.de/10005791491

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