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The monetary policy decision, as any other decision, is the product of a procedure assembling a lot of primary information, but also what type of other ingredients contribute finally to a certain monetary policy decision.
Persistent link: https://www.econbiz.de/10008464218
The inflation phenomenology offers to the author the occasion to perform a theoretical, i.e. an abstract analyze, that …
Persistent link: https://www.econbiz.de/10008464157
The purpose of the paper is to present an efficient instrument for simulation and research of inflation and its … controlled prices as well as the impact of external shocks as international price of oil on future inflation in Romania. …
Persistent link: https://www.econbiz.de/10008464172
Persistent link: https://www.econbiz.de/10003380760
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of the paper are that in the period 1998-2006 the average annual rate of inflation generated by the Balassa … extended model, which is considered more appropriate by us, the impact on inflation is higher and ranges between 0.69% in 2005 …
Persistent link: https://www.econbiz.de/10015219053
The premise from which we start is that the main cause of economic crises is the constant attempt to create, what Georgescu-Roegen called, "entropy of contraband." The phrase refers to a fictional creation of an energy that does not exist. To prove this we describe the major crises that have hit...
Persistent link: https://www.econbiz.de/10015228626
The first part of the paper assesses the impact of asymmetric shocks on inflation in two new members states of the euro … indicates a higher probability of asymmetric shocks and thus lead to differences in inflation to the euro area, differences that …
Persistent link: https://www.econbiz.de/10015229557
paper assess the opportunity of changing the status quo of the monetary policy in Romania with the inflation targeting … monetary policy framework in 2005. The paper identifies the challenges of the direct inflation targeting implementation in … inflation targeting in Romania, this paper emphasizes the fact that the strategy would be maintained according to NBR strategy …
Persistent link: https://www.econbiz.de/10015232698
This paper explores some recent challenges for the inflation targeting. The circumstances are different for the … less formally the inflation targeting, in order to gain appreciation from the international financial institutions. Most of … these central banks announced the applying of a flexible inflation targeting which could mask the time-inconsistent monetary …
Persistent link: https://www.econbiz.de/10015240624