The paper asks whether the exercising of the NATO membership option is justified for Finland and Sweden in the light of …. The Turkish intervention in the membership process after the membership applications of Finland and Sweden were delivered … towards the membership. In both countries, the majority of people turned to favor the membership within 2-3 months. Finland …

Using real time data, we show that the monetary policy rule in Canada is better described by a Taylor rule augmented … Canada’s quarterly Business Outlook Survey, we study the impact of monetary policy on firms’ expectations of sales and prices …

Using the Reserve Bank of Australia’s MARTIN model we compare actual monetary policy decisions to a counterfactual in … high during 2016-2019, keeping inflation below the Reserve Bank’s target band. Optimal monetary policy in 2016-2019 would …

official policy rates and those implied by three types of Taylor rules in both inflation targeting countries (the UK, Canada …, Australia and New Zealand) and others that have only targeted inflation at times (the US, Japan, the Euro Area and Switzerland …

We study how carbon pricing has affected inflation ex-post, using dynamic panel estimation of New-Keynesian Phillips … carbon taxes. We find that an increase in prices of ETS by $10 per ton of CO2 equivalents increases energy CPI inflation by 0 ….8 percentage points (pp), and headline inflation by 0.08pp, but has no significant effects on food and core CPI inflation. We also …

independence and inflation. Making use of data on the evolution of central bank independence over time and controlling for possible … country's inflation performance. Examining a cross-section of up to 69 countries, we are able to show that granting a central … bank more autonomy does not necessarily lead to better inflation performance. To lower inflation by increasing independence …

How does competition affect information acquisition of firms and thus the response of inflation and output to monetary … uncertainty about inflation as a non-targeted moment …

We study how domestic and global output gaps affect CPI inflation. We use a New-Keynesian Phillips curve framework …1-2017Q4 period. We find broadly that both global and domestic output gaps are significant drivers of inflation both in … output gaps on inflation …

aggregate demand gains momentum. If inflation also has inertia, the central bank still overheats the economy during the low …