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countries have adopted the New Consensus Monetary Policy since the early 1990s in an attempt to reduce inflation to low levels … the central bank. The objective of these rules is to achieve specific, or a range of, inflation targets … framework -- 10. The experience of inflation targeting since 1993 -- 11. Reflections on the Bank of Canada's monetary policy …
Persistent link: https://www.econbiz.de/10011851789
Monetary Policy and Taiwan's Economy questions whether the Asian crisis could have been avoided through the application of recommendations highlighted by the contributors. The conclusion reached is that in an abstract world, perhaps; but in the world in which we live; no. It is argued that the...
Persistent link: https://www.econbiz.de/10014474165
macroeconomics of endogenous money -- pt. 4. The macroeconomics of exogenous interest rates -- pt. 5. Unemployment, inflation and the …
Persistent link: https://www.econbiz.de/10011850869
inflation targeting, the dominant policy framework of central bank policy that focuses on keeping inflation in the low single …1. Beyond inflation targeting : assessing the impacts and policy alternatives / Gerald Epstein and A. Erinc Yeldan -- 2 … and Lance Taylor -- 3. Inflation targeting and the real exchange rate in a small economy : a structuralist approach …
Persistent link: https://www.econbiz.de/10011851035
. This timely set of studies looks at the turmoil in global financial markets, which coupled with volatile inflation poses … flows', 'What are the linkages between monetary stability and financial stability?' and 'Is inflation targeting or a fixed …
Persistent link: https://www.econbiz.de/10011851216
The introduction of Islamic banking and finance across the globe strengthens the argument for low and stable inflation …, Indonesia, Iran, Malaysia, Pakistan, Saudi Arabia and Turkey. While reviewing country-specific experiences and issues in … inflation and monetary policy, and analysing them from an historical context, emphasis is given to the evolution of Islamic …
Persistent link: https://www.econbiz.de/10011851080
. Saving, asset-price inflation, and debt-induced deflation / Michael Hudson -- 7. Unit roots in macroeconomic time series and … Washington Consensus and (non-) development / Hansjörg Herr and Jan Priewe -- 10. Competition, low profit margin, low inflation …
Persistent link: https://www.econbiz.de/10011850557
1. Introduction -- 2. Inflation and monetary regimes -- 3. Inflation under metallic monetary regimes -- 4. Moderate … paper money inflations -- 5. Characteristics of hyperinflations -- 6. Currency competition, inflation, Gresham's law and …
Persistent link: https://www.econbiz.de/10011851086
operate at the level of full employment without provoking unmanageable inflation. They also contend that budget deficits do …pt. I. Introduction -- pt. II. Functional finance : the background -- pt. III. Assessing the inflation barrier -- pt …
Persistent link: https://www.econbiz.de/10011852035
his insightful essays dealing with the extremes of economic instability: great depressions, high inflation and the …pt. 1. Keynesianism, monetarism and rational expectations -- pt. 2. Monetary regimes and inflation -- pt. 3. Markets …
Persistent link: https://www.econbiz.de/10011852116