Showing 1 - 10 of 448
Persistent link: https://www.econbiz.de/10011431578
Persistent link: https://www.econbiz.de/10000923676
Persistent link: https://www.econbiz.de/10010438998
This paper provides an assessment of India's inflation-targeting regime. It shows that the Reserve Bank of India is … when setting policy rates. The paper does not find that the Reserve Bank of India became more hawkish following the …-targeting has enhanced the credibility of monetary policy such that the Reserve Bank of India is in a position to take extraordinary …
Persistent link: https://www.econbiz.de/10012388760
Persistent link: https://www.econbiz.de/10011297478
Persistent link: https://www.econbiz.de/10003055177
Persistent link: https://www.econbiz.de/10000930121
This paper examines the role of monetary policy in fossil fuel exporters at different horizons. The main argument is that central banks in these economies need to look beyond the horizon of the business cycle. In the short run, (independent) monetary policy should flexibly target inflation. In...
Persistent link: https://www.econbiz.de/10012051876
Cambodia has recorded both rapid economic growth and macroeconomic stability in recent decades despite (or thanks to) high levels of dollarization. Previous studies on dollarization in Cambodia have largely focused on examining its causes and estimating seigniorage losses. As an attempt to...
Persistent link: https://www.econbiz.de/10012051925
This paper studies the effects of global and domestic inflation shocks on core price inflation in 105 countries between 1970 and 2016, by using a heterogeneous panel vector-autoregressive model. The methodology allows accounting for differences across groups of countries (advanced economies,...
Persistent link: https://www.econbiz.de/10012059222