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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
this study is that, in inflation targeting emerging economies, such as that of Brazil, following a committed monetary … activity and the process of anchoring of inflation expectations affect the supply of credit in Brazil. Moreover, the paper … monetary policy through the credit channel in Brazil. The study verifies if the monetary policy, the economic activity and the …
Persistent link: https://www.econbiz.de/10010688400
expectations to provide a comparison of inflation persistence in Brazil with a sample of inflation targeting (IT) countries. This … approach suggests that inflation persistence increased in Brazil through early 2013, in contrast to many of its IT peers …Inflation persistence is sometimes defined as the tendency for price shocks to push the inflation rate away from its …
Persistent link: https://www.econbiz.de/10011123875
Persistent link: https://www.econbiz.de/10004138625
Persistent link: https://www.econbiz.de/10004059580
Im August übertraf der Anstieg der Verbraucherpreise in Deutschland mit 2,1% erstmals seit 31 Monaten wieder die 2%-Marke (Westdeutschland: 2,0%; Ostdeutschland: 2,4%). In Westdeutschland ist die Rate im September nach vorläufigen Schätzungen des Statistischen Bundesamtes zwar wieder auf 1,8%...
Persistent link: https://www.econbiz.de/10005055746
Inflation as a phenomenon has witnessed remarkable changes starting from mid-eighties of the last century. Inflation … pull inflation as one of the major determinants of inflation has decreased due to efficient monetary policies that have … been adopted by central banks all over the world to reduce inflation based on anchoring inflation expectations. Moreover …
Persistent link: https://www.econbiz.de/10009647354
The Israeli Economy has served as a laboratory for the study of inflation and government policy reponse. In periods … crucial for Israel's experience of inflation, finance ministers were replaced frequently, often changing their predecessors …' policies, much to the detriment of inflation. Inflation grew from an average of less than 10% per year in the decade preceding …
Persistent link: https://www.econbiz.de/10005622172
Anchored inflation expectations help stabilize inflation. Previous results indicate that monetary policy has been … effective in breaking the link between actual and expected inflation at the euro area level. In this paper we examine whether … this is also true at the national level. We define the ‘disconnect’ between inflation and inflation expectations and then …
Persistent link: https://www.econbiz.de/10010577069
Inflation perceived by consumers may differ from official statistics particularly due to different baskets of goods and … observations, particularly useful in interpreting a jump of inflation perception in some of the EMU economies after the euro … introduction, an alternative price index, i.e. the Index of Perceived Inflation, was proposed by Brachinger (2006) and Brachinger …
Persistent link: https://www.econbiz.de/10010705524