interest rates by critically surveying theories about (a) optimal anticipated inflation, (b) optimal unanticipated inflation …

Singapore entered the COVID-19 pandemic with sizable policy space and robust economic policy frameworks, yet facing …

their role in influencing the credibility of the monetary authority. We focus on measures of inflation expectations, the … mean reversion properties of inflation, and indicators of exchange rate risk. In addition we place some emphasis on whether …

the adoption of inflation targeting. However, the recent financial crisis and the call for central banks to focus more on …

policy requires that inflation be stabilized at the union level. On the other hand, the relinquishment of an independent …

on a number of grounds which we evaluate in this paper. We show that observed inflation persistence in U.S. time series … is consistent with the absence of structural inflation stickiness as is the case in the benchmark NNS economy. We …

Aggregate shocks that move output and inflation in opposite directions create a tradeoff between output and inflation … variability outcomes, revealing national central banker's relative weight on output and inflation variability in their preferences …. We use estimates of the structure of 23 industrialized and developing economies, including nine that target inflation …