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targeting regime in January 2009, the National Bank of Serbia began monitoring and analysing inflation expectations of economic … expectations in Serbia, but also to give a comparative analysis of inflation expectation of other countries which are using … inflation targeting and floating exchange rate, as is the case of the National Bank of Serbia. …
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On 4 March 2011, SUERF – The European Money and Finance Forum and the National Bank of Poland jointly organised a conference on the theme of: "Monetary Policy after the Crisis". Following a call for papers with a large number of submissions, the scientific committee selected 9 papers, which...
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This paper empirically investigates the role of long-term inflation expectations for the monetary transmission mechanism. In contrast to earlier studies, we confirm that U.S. long-term inflation expectations respond significantly to a monetary policy shock. In line with a re-anchoring channel of...
Persistent link: https://www.econbiz.de/10012311576
We investigate the relationship between inflation uncertainty and monetary policy transmission in the U.S. economy. Monetary policy shocks are identified within the framework of nonlinear structural factor-augmented VARs which allow us to analyze several complementary hypotheses connecting IU...
Persistent link: https://www.econbiz.de/10011931106
This paper's objective is to examine the asymmetric cointegration and asymmetric effects of financial development and monetary policy on monetary transmission mechanisms in the Nigerian context using annual data spanning the period from 1986 to 2023. This study pushes the frontiers of knowledge...
Persistent link: https://www.econbiz.de/10015070476
analysis of monetary transmission in the Republic of Serbia is made using the Vector autoregressive model (VAR model). The … observation, the biggest impact on the fluctuations in industrial production in Serbia is that of monetary aggregate, whereas the …
Persistent link: https://www.econbiz.de/10012522255
A number of industrialized countries have recently offered inflation-indexed bonds. Some members of another group of countries that had earlier adopted more comprehensive indexation in response to high inflation have taken steps to reduce the scope of indexation in their economies. This paper...
Persistent link: https://www.econbiz.de/10014403310