This study analyses the aspect of inflation expectations management in the context of inflation targeting by … particularly focusing on the impact of exchange rate pass-through to inflation expectations in a small open economy. We also … augment the inflation expectations function with GDP, inflation, unemployment, fiscal stance, oil prices, and money supply …

rate both matter for determining inflation and economic activity. …

estate, as well as the costs of public goods to develop alternative inflation measures in Germany since the introduction of … the euro. Real economic growth as well as median wage developments are reexamined in light of the alternative inflation …

Inflation in advanced economies is low by historical standards but there is no threat of deflation. Slower economic … growth is caused by supply-side constraints rather than low inflation. Below-the-target inflation does not damage the … reputation of central banks. Thus, central banks should not try to bring inflation back to the targeted level of 2%. Rather, they …

The paper examines the factors of global inflation acceleration in 2021-2022. We consider primarily the developed … economies, where rates of inflation over the last two years have exceeded multi-year highs and have significantly exceeded … target levels. We find that the cause of accelerating inflation was an imbalance between aggregate demand, which started to …

particular the aim of price stability, understood as low and stable inflation. Design/Research methods: The article was prepared … inflation reduces uncertainty about future price developments. This facilitates decision-making for companies concerning …

. It is quite difficult to propose appropriate policies towards inflation targeting without quantifying the impact of … monetary policy rule toward an inflation targeting framework for Indonesia. The paper employs a small macroeconometric model … are quite high. We also find that in a small open economy such as Indonesia, it is difficult to implement inflation …

Emerging economies with inflation targets (IT) face a dilemma between fulfilling the theoretical conditions of strict …

Emerging economies with inflation targets (IT) face a dilemma between fulfilling the theoretical conditions of strict …

overly sensitive to monetary policy shocks, and that this is consistent with a model where long-term inflation expectations … are not anchored because agents must infer the central bankś inflation target from noisy interest rate movements. Using … inflation target - imperfect information about the target plays only a small role in un-anchoring expectations in their model …