Showing 1 - 10 of 395
Persistent link: https://www.econbiz.de/10001421387
Persistent link: https://www.econbiz.de/10000992077
Persistent link: https://www.econbiz.de/10003883762
A stylised fact of monetary policy making is that central banks do not immediately respond to new information but rather seem to prefer to wait until sufficient 'evidence' to warrant a change has accumulated. However, theoretical models of inflation targeting imply that an optimising central...
Persistent link: https://www.econbiz.de/10014173487
Persistent link: https://www.econbiz.de/10013422810
Persistent link: https://www.econbiz.de/10013423015
Persistent link: https://www.econbiz.de/10000959671
Persistent link: https://www.econbiz.de/10013423526
In this paper we incorporate the term structure of interest rates into a standard inflation forecast targeting framework. Learning about the transmission process of monetary policy is introduced by having heterogeneous agents – ie central bank and private agents – who have different...
Persistent link: https://www.econbiz.de/10005648857
In this paper we incorporate the term structure of interest rates in a standard inflation forecast targeting framework. Learning about the transmission process of monetary policy is introduced by having heterogeneous agents - i.e. the central bank and private agents - who have different...
Persistent link: https://www.econbiz.de/10005342215