Monetary Policy in Switzerland Comparison of Inflation and Price-Level Targeting Bayesian Estimation of a Small Open DSGE Model …Lukas Heim evaluates the performance of a price-level targeting rule compared to that of a standard inflation targeting …, and several additional structural disturbances. The results show that - exactly as expected - the volatility of inflation …

This book is a non-technical introduction to the history of - and current measurement practice of - inflation for the … United Kingdom, with comparative international case studies. The authors describe the historical development of inflation … few specialist scholars. Although inflation is a widely used and quoted statistic, and despite the important role …

, investigating the structure and estimation of autoregressive-moving average (ARMA) models and their relations to the covariance … application-oriented, this self-contained text will help students develop a deeper understanding of theory and better command of …1. Introduction -- 2. ARMA models -- 3. Forecasting stationary processes -- 4. Estimation of Mean and Autocovariance …

legitimate. Due to the strong quantitative approach, this thesis contributes not only to the political theory of liberalism and …

approach is used to study the effects of an inflation rate change on inequality. These effects are found to be temporary and to … policy rule of all agents due to individual skill and capital endowments. This implies a transitory effect of inflation rate … estimation …