Similar Search Results

Robustifying optimal monetary policy using simple rules as cross-checks

Ilbas, Pelin; Røisland, Øistein; Sveen, Tommy - 2013

There are two main approaches to modelling monetary policy; simple instrument rules and optimal policy. We propose an alternative that combines the two by extending the loss function with a term penalizing deviations from a simple rule. We analyze the properties of the modified loss function by...

Persistent link: https://www.econbiz.de/10011590362

Monetary policy rules for an open economy

Batini, Nicoletta; Harrison, Richard T.; Millard, … - 2001

Persistent link: https://www.econbiz.de/10001632925

Monetary policy rules for an open economy

Batini, Nicoletta; Harrison, Richard T.; Millard, … - 2001

Persistent link: https://www.econbiz.de/10001636100

Robustifying optimal monetary policy using simple rules as cross-checks

Ilbas, Pelin; Røisland, Øistein; Sveen, Tommy - 2013

Persistent link: https://www.econbiz.de/10010223576

Robustifying optimal monetary policy using simple rules as cross-checks

Ilbas, Pelin; Røisland, Øistein; Sveen, Tommy - 2012

Persistent link: https://www.econbiz.de/10009680982

Optimal monetary policy rules for the Euro Area in a DSGE framework

Ilbas, Pelin (contributor) - 2006

Persistent link: https://www.econbiz.de/10003386522

Global trends in inflation : are central banks barking up the wrong tree? : monetary dialogue September 2019 : in-depth analysis requested by the ECON Committee

Gros, Daniel - Europäisches Parlament / Policy Department for … - 2019

Persistent link: https://www.econbiz.de/10012105665

Sectoral shocks and monetary policy in the United Kingdom

Dixon, Huw; Franklin, Jeremy; Millard, Stephen Patrick - 2014

Persistent link: https://www.econbiz.de/10010356849

Sectoral shocks and monetary policy in the United Kingdom

Dixon, Huw; Franklin, Jeremy; Millard, Stephen Patrick - 2021

In this paper, we examine the extent to which monetary policy should respond to movements in sectoral inflation rates. To do this we construct a Generalised Taylor model that takes specific account of the sectoral make-up of the consumer price index (CPI). We calibrate the model for each sector...

Persistent link: https://www.econbiz.de/10012591789

Global liquidity, world savings glut and global policy coordination

Belke, Ansgar; Gros, Daniel - 2010

drivers of asset prices are global liquidity conditions. Central banks flooded the markets with ample liquidity. Mopping up … this excess liquidity will be one major task for central banks worldwide, which needs to be done in a coordinated fashion …. Moreover, our analysis has shown that liquidity will first show up in asset price inflation and only later in consumer goods …

Persistent link: https://www.econbiz.de/10003934687