We offer a novel methodology for assessing the quality of inflation reports. In contrast to the existing literature …, which mostly evaluates the formal quality of these reports, we evaluate their economic content by comparing inflation … coding of inflation reports to describe inflation factors communicated by central banks in real time. Regarding the latter …

available to the authorities and the nature of the policy game play a key role in determining the inflation rate and output in … the economy. Furthermore, the model can be solved for the optimal degree of inflation aversion of the central bank. , a …

In models with complete markets, targeting core inflation enables monetary policy to maximize welfare by replicating …-maximizing central bank should adopt flexible headline inflation targeting a target for headline CPI inflation with some weight on the …

This paper develops and estimates a game-theoretical model of inflation targeting where the central banker …

rates and inflation even in the absence of base money. The paper explores implications for current and future central …

Adequate modeling of the seasonal structure of consumer prices is essential for inflation forecasting. This paper … suggests a new econometric approach for jointly determining inflation forecasts and monetary policy stances, particularly where … money growth and implied exchange rate paths along with a jointly determined inflation forecast. The approach uses two broad …

This paper estimates a small open economy model for Egypt to analyze inflation, output dynamics and monetary policy … markets and a gradual move towards inflation targeting can help support a successful disinflation strategy for Egypt …

securities, they contributed to the four-digit inflation reached in 2006. The remedy for the current situation is clearly to …