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The search for the credibility of monetary policies during the recent decades this is materialized , among other things, changes in the laws that govern the activities of the Central Bank, supposed main guarantor of the proper conduct of monetary policy. These changes are aimed , essentially the...
Persistent link: https://www.econbiz.de/10011274381
formulated at the beginning, one also notes that inflation has a negative effect on the economic growth. These results emphasize …
Persistent link: https://www.econbiz.de/10011258720
opinions that the inflation target chosen at 2% by ECB for the Eurozone is too low, thereby making the whole MPS excessively … restrictive. I conclude observing that the “core” inflation-target of 2% is in fact at the very basis of the ECB non …, since the inflation target wasn’t in any jeopardy, the European Central Bank didn’t do anything. Maintaining the goal of …
Persistent link: https://www.econbiz.de/10011259088
employs bivariate cointegration methodology to examine the long-term relationship between inflation index and the different …
Persistent link: https://www.econbiz.de/10011259909
-run nor in the long-term and; (2) with the exception of financial size that impacts inflation in the EAMZ in the short …
Persistent link: https://www.econbiz.de/10011260860
The paper shows the advantages and handicaps of implementing an inflation target (IT) regime, from a Post-Keynesian and …
Persistent link: https://www.econbiz.de/10005014711
inflation, economic activity, and budget deficit, was also performed. …
Persistent link: https://www.econbiz.de/10009325656
confirmed at company level, whether it is robust to controlling for inflation expectations and whether it is concentrated among …
Persistent link: https://www.econbiz.de/10005837208
and RFF. A theoretically expected inverse relation between SP and inflation accounts for the results. The negative effect … of SP on FF is also confirmed in a Taylor Rule estimate. Higher stock prices anticipate lower, not higher, inflation. …
Persistent link: https://www.econbiz.de/10008476386
This paper presented the salient features of current Monetary Policy and its effectiveness to control inflation in … Pakistan. The monetary authority was successful in controlling inflation when it successfully controlled the money supply … concluded that in the recent years SBP failed to control money supply and hence rate of inflation within the set target level …
Persistent link: https://www.econbiz.de/10005617134