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-term inflation objectives. In the long term, monetary policy is most effective in achieving its objectives when the inflation target … is changed in response to the new economy and when the monetary authority attempts to stabilize both inflation and output … for in changing the assessment of the potential growth rate and the inflation target. …
Persistent link: https://www.econbiz.de/10005650259
Inflation targeting (IT) has become the dominant monetary policy framework around the world and most of the countries … member countries' readiness to adopt inflation targeting regime as recommended by the Authority of Heads of State and … dominance, weak fiscal positions, and external shocks which impaired its ability to sustainably subdue inflation to the desired …
Persistent link: https://www.econbiz.de/10014278241
Inflation targeting (IT) has become the dominant monetary policy framework around the world and most of the countries … member countries' readiness to adopt inflation targeting regime as recommended by the Authority of Heads of State and … dominance, weak fiscal positions, and external shocks which impaired its ability to sustainably subdue inflation to the desired …
Persistent link: https://www.econbiz.de/10014234424
Le 5ème symposium international de la Banque de France a porté sur les effets de la globalisation sur l’inflation et …
Persistent link: https://www.econbiz.de/10009225692
inflation persistence. The closer to zero is this parameter, (i ) the more firms adjust on the intensive margin, reducing … power in the hours negotiation, we produce realistic labor market statistics together with inflation persistence. …
Persistent link: https://www.econbiz.de/10009276972
This paper is dedicated at reconsidering objectives and instruments of monetary policy and also at redefining a policy mix in an economy which is systematically confronted to imbalances due to changes in technology, in the composition of demand or in the distribution of income, It is motivated...
Persistent link: https://www.econbiz.de/10008553076
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Persistent link: https://www.econbiz.de/10003471207