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The monetary policy decision, as any other decision, is the product of a procedure assembling a lot of primary information, but also what type of other ingredients contribute finally to a certain monetary policy decision.
Persistent link: https://www.econbiz.de/10008464218
English Abstract: This paper explores some recent challenges for the inflation targeting. The circumstances are … adopted more or less formally the inflation targeting, in order to gain appreciation from the international financial … institutions. Most of these central banks announced the applying of a flexible inflation targeting which could mask the time …
Persistent link: https://www.econbiz.de/10013060996
Any decision is eventually the product of a procedure which requires assembling a multitude of primary information, passed through reiterative processes both of organisation and of analysis. The procedures also regard “pushing” these transformed/processed towards preparatory levels only to...
Persistent link: https://www.econbiz.de/10005755340
Monetary policy should be guided by macroeconomic models with limited nominal rigidity – ‘New Classical’ or even for some issues just plain Classical (i.e. with no nominal rigidity at all) models are perfectly adequate for understanding various aspects of the economy that have previously...
Persistent link: https://www.econbiz.de/10008464243
Romanian Abstract: Această lucrare studiază unele schimbări importante intervenite în politica monetară începând cu sfârşitul secolului trecut. Sunt abordate principalele procese care au cauzat aceste schimbări: dezvoltarea inovaţiilor financiare, liberalizarea pieţelor financiare,...
Persistent link: https://www.econbiz.de/10013024523
Toate ţările membre ale Uniunii Europene trebuie să asigure armonizarea instrumentelor de politică monetară utilizate cu cele ale Băncii Centrale Europene. Analizând comparativ instrumentele de politică monetară ale Băncii Naţionale a Românei şi pe cele ale Băncii Centrale...
Persistent link: https://www.econbiz.de/10008631627
The inflation phenomenology offers to the author the occasion to perform a theoretical, i.e. an abstract analyze, that …
Persistent link: https://www.econbiz.de/10008464157
The purpose of the paper is to present an efficient instrument for simulation and research of inflation and its … controlled prices as well as the impact of external shocks as international price of oil on future inflation in Romania. …
Persistent link: https://www.econbiz.de/10008464172
Persistent link: https://www.econbiz.de/10009158424
analysis of the evolution of CPI and inflation rate in the Rumanian economy. The analysis uses annual and monthly series for …
Persistent link: https://www.econbiz.de/10009367003