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The paper analyzes inflation targeting which is used in many countries as a tool for the monetary policy of central … banks. The study of the experience of inflation targeting over the past quarter century shows a number of shortcomings. The … important one is that inflation targeting is powerless in relation to import inflation. This problem is particularly acute for …
Persistent link: https://www.econbiz.de/10012844946
sensitive to commodity (in particular food grain) prices. Hence, reducing consumer price inflation is likely to yield a rich …
Persistent link: https://www.econbiz.de/10014188735
The main objective of the study is to analyze the most important determinants of monetary poverty (at macro-level) in the Western EU countries taking into account the effects of regional spillovers. According to the latest estimates over 16 per cent of the EU citizens are poor (based on monetary...
Persistent link: https://www.econbiz.de/10011515562
studies that Banca d'Italia staff has produced on the factors that have brought inflation to unprecedented low levels in 2014 …
Persistent link: https://www.econbiz.de/10012865150
Concerns over rising inequality have heightened in the years following the 2007-09 global financial crisis and, more recently, with the COVID-19 pandemic. This staff discussion paper reviews the historical facts regarding income inequality in Canada, comparing Canada with the United States and...
Persistent link: https://www.econbiz.de/10013336143
Persistent link: https://www.econbiz.de/10013494168
. The world in 2022: slower growth, higher inflation, interest rate hikes .-- C. Effects on the region: large differences …
Persistent link: https://www.econbiz.de/10013329423
What is the effect of climate policies on inflation and economic activity? Answering this question is critical for …
Persistent link: https://www.econbiz.de/10012602683
Persistent link: https://www.econbiz.de/10012593065
Persistent link: https://www.econbiz.de/10013531896