Showing 1 - 10 of 67,242
compares price inflation before the crisis with the necessary and actual price cuts that have taken place since the outbreak of … the crisis, predicting a decade of stagnation for the south and inflation for the north. Keynesian demand policy is …
Persistent link: https://www.econbiz.de/10010877720
OECD countries, as in previous studies, and one to a sample of developing countries, using recent World Bank data. We find … predictor of non-monotonic effects. Using the World Bank data, the situations in which the non-monotonic response of national …
Persistent link: https://www.econbiz.de/10005124252
This paper compares exchange rate targets with price stabilization targets in a small open economy under perfect and imperfect cridibility. Under nominal exchange rate targeting, output is affected by both demand shocks, supply schocks, and foreign exchange shocks.
Persistent link: https://www.econbiz.de/10005652234
inflation and unemployment, fiscal balance, zloty real revaluation, capacity restructuring, private sector growth and …
Persistent link: https://www.econbiz.de/10005475020
crawling peg exchange rate regimes, Colombia adopted a full-fledged inflation-targeting (IT) regime in 1999, with inflation as …
Persistent link: https://www.econbiz.de/10010945756
crawling peg exchange rate regimes, Colombia adopted a full-fledged inflation-targeting (IT) regime in 1999, with inflation as …
Persistent link: https://www.econbiz.de/10010828188
varieties of crawling peg exchange rate regimes, Colombia adopted a full-fledged inflation-targeting (IT) regime in 1999, with … inflation as the nominal anchor, a floating exchange rate, and the short-term interest rate as the main instrument. We examine …
Persistent link: https://www.econbiz.de/10010763879
Persistent link: https://www.econbiz.de/10010905529
transparency in fiscal operations, difficulties in liquidity management, persistent inflation and currency devaluations, and a … inflation experienced by Romania in the past decade of transition. It seeks to investigate the specific causes of this inflation … arrangement implemented in Romania can offer the solution to the country's inflation and macroeconomic problems. By presenting the …
Persistent link: https://www.econbiz.de/10005772625
of inflation risks. The empirical application shows that trading off monetary and macroprudential policy reduces the … overall costs related to inflation and financial instability. This can be achieved by changing the preferences of the central … bank, lengthening the monetary policy horizon and by a more flexible inflation target. Estimation results of a probit model …
Persistent link: https://www.econbiz.de/10008468098