Showing 1 - 10 of 1,693
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
determine the current inflation rate or price level. We conclude that the previous literature has either committed mathematical … involving infinity, we analyze inflation targeting (IT) in a typical rational-expectations, pure-exchange, general …
Persistent link: https://www.econbiz.de/10005835873
economies have given up monetary policies using exchange rates as a nominal anchor and inflation targeting has become a new … Asian Pacific, Latin American and Turkish economies which implemented inflation targeting, but have different dollarization … and inflation episodes. Panel VAR approach was used in the analysis. Our findings show that exchange rate pass …
Persistent link: https://www.econbiz.de/10011113552
important tools for government to influence the economy. Exchange rate and inflation are believed to be the most appealing … studies on the effect of exchange-rate arrangements and inflation targeting on economic growth suffer from the absence of a … results consistently support that an inflation targeting regime has a positive impact on economic growth when compared with an …
Persistent link: https://www.econbiz.de/10011240777
of two well-defined monetary policy regimes, namely exchange-rate targeting and inflation targeting regimes, on bilateral … and multilateral trade. Our result suggests a moderate positive effect of inflation targeting policy on bilateral trades … between two inflation targeting countries. This effect of inflation targeting, even much moderate than the effect of currency …
Persistent link: https://www.econbiz.de/10011240782
large, but finite horizon and concludes that inflation targeting leads to price indeterminacy even with a Taylor …
Persistent link: https://www.econbiz.de/10005789814
The main objective of this study is to investigate the long run trade-off between unemployment and inflation in Egypt … analysis confirm a positive relationship between changes in inflation rate and unemployment gap in the long run, which is … consistent with “Locus Critique” where a policy of inflation would fail to reduce the unemployment rate in the long run, because …
Persistent link: https://www.econbiz.de/10011108182
Indian currency rupee is depreciating rapidly against the US dollar and other foreign currencies. This paper analyses the major causes of this depreciation. It also discusses its cures.
Persistent link: https://www.econbiz.de/10011109724
Annotated remarks made at the 50th Anniversary Conference “Fortalecimiento institucional de los bancos centrales y efectividad de la política monetaria”, of the Central Bank of Nicaragua, February 2010. The paper lays out the importance of institutional strenthening (governance) as an...
Persistent link: https://www.econbiz.de/10011258861
transmission channels of monetary policy to GDP growth and inflation in India. It finds that external exogenous factors prolong the … impact of monetary policy transmission on GDP growth and inflation in India, while removing the problem of ‘price puzzle … two quarters and subsequently impacts GDP growth and inflation negatively. The same monetary policy shock has a negative …
Persistent link: https://www.econbiz.de/10011259799