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The Rationale for Inflation Targeting
Mishkin, Frederic S.; Posen, Adam Simon - Federal Reserve Bank <New York, NY> - 1997
[...]The first intellectual development challenging the use ofan activist monetary policy to stimulate output and reduceunemployment is the finding, most forcefully articulatedby Milton Friedman, that the effects of monetary policyhave long and variable lags.1 The uncertainty of the timingand...
Persistent link: https://www.econbiz.de/10005870226
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The relationship between Central Bank activities and price stability : a case study on the Central Bank of Turkey
Gungor, Cahit - In: International journal of economic perspectives : IJEP 10 (2016) 4, pp. 96-101
Persistent link: https://www.econbiz.de/10011762049
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The quality of eligible collateral and monetary stability : an empirical analysis
Lehmbecker, Philipp - 2008
investigates to what extent the quality of eligible collateral is able to explain inflation employing the first comprehensive … statistically significant correlation between QEC and average inflation is found. This result is robust to the use of control …
Persistent link: https://www.econbiz.de/10010206377
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Monetary Policy’s New Trade-Offs?
Schürz, Martin - Österreichische Nationalbank <Wien>; Fachhochschule … - 2005
financial bubbles can also develop in a low-inflation environment. Onepossible role of monetary policy in ensuring financial …
Persistent link: https://www.econbiz.de/10005867483
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Monetary commitment, institutional constraints and inflation : empirical evidence for OECD countries since the 1970s
Freytag, Andreas (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003497804
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Für ein direktes Preisniveauziel in der Geldpolitik
Glaß, Stefan - 1996
Persistent link: https://www.econbiz.de/10004303881
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The return of inflation
Baltensperger, Ernst - In: Swiss journal of economics and statistics 159 (2023) 1, pp. 1-18
inflation. Over the last two years, this benign state has dramatically changed. In America and Europe, inflation has resurged …
Persistent link: https://www.econbiz.de/10014506542
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Anticipation of central banks' adoption of inflation targeting and its effect on inflation
Dubey, Amlendu Kumar; Mishra, Akanksha - In: Central Bank review / Central Bank of the Republic of Turkey 23 (2023) 2, pp. 1-13
We construct an empirical test of whether the anticipation of adoption of inflation targeting affects the inflation … rate. We observe that most of the central banks adopt the regime after first achieving significant disinflation. With pre-inflation …-in-difference framework. We find that inflation targeting is successful in locking-in already low inflation rather than reducing high …
Persistent link: https://www.econbiz.de/10014364299
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Green central banking under high inflation : more of a need than an option : an analytical exposition for Turkey
Ünüvar, Burcu; Yeldan, Alp Erinç - In: Development policy review 41 (2023) 6, pp. 1-15
Persistent link: https://www.econbiz.de/10014432653