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How to improve inflation targeting in Canada
Obstfeld, Maurice; Clinton, Kevin; Kamenik, Ondra; … - 2016
forward guidance with a fiscal stimulus. As a response to the effective lower bound constraint, and the decline in the world …
Persistent link: https://www.econbiz.de/10011715420
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Varieties of Monetary Reforms
Siklos, Pierre L. - 1994
ultimately depend on how independent a country wishes to be from shocks emanating from the rest of the world and the weight …
Persistent link: https://www.econbiz.de/10014396492
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Capital Flows in a Transitional Economy and the Sterilization Dilemma : The Hungarian Case
Siklos, Pierre L. - 1996
This paper compares Hungary’s experience with sterilization with that of other capital inflow episodes. The study focuses on the short-run impact of sterilization on monetary policy. The empirical data indicate that sterilized interventions by the National Bank of Hungary (NBH) were not...
Persistent link: https://www.econbiz.de/10014397960