This paper analyses empirically the link between central bank financial strength and inflation. The issue has become … relationship between several measures of central bank financial strength and inflation, this link appears rather weak and not as … robust as suggested by the previous - very limited - literature. In general, other inflation determinants play a much more …

This paper contributes to a better understanding of how inflation targets are set. First, we gather evidence on how … inflation targets are set from official central bank and government publications and from a questionnaire of our own design …. Second, we estimate the determinants of the level of the inflation target in 19 inflation-targeting countries using …

literature does not come to a consensus about the degree of pass-through to Czech inflation. Since there is no unique approach …

apply an inflation targeting regime. Two different empirical frameworks are used: (i) Generalized Method of Moments (GMM …

affected by monetary policy debates over the past twenty years. Because criticism of inflation targeting, at least in the … United States, often focuses on the claim that an inflation targeting central bank may ignore real economic fluctuations, I …