Showing 1 - 10 of 148
deviations of inflation from target, but not to monetary growth. This result is at odds with the Bundesbank's claim that it … Bundesbank took its monetary targets seriously, but also responded to deviations of expected inflation and output growth from …
Persistent link: https://www.econbiz.de/10010295652
rate response to deviations of the inflation rate from target, to the change in the output gap, to money demand shocks and … that, in addition to anchoring long term inflation expectations, monetary targeting introduces inertia and history …
Persistent link: https://www.econbiz.de/10010206357
rate response to deviations of the inflation rate from target, to the change in the output gap, to money demand shocks and …-term inflation expectations, monetary targeting introduces inertia and history-dependence into the …
Persistent link: https://www.econbiz.de/10012991152
inflation, output and money growth. The analysis is based on a small empirical model of the hybrid New Keynesian type which has …
Persistent link: https://www.econbiz.de/10012991255
Persistent link: https://www.econbiz.de/10012991301
Persistent link: https://www.econbiz.de/10003548663
an interest rate response to deviations of the inflation rate from target, to the change in the output gap, to money … main lesson is that, in addition to anchoring long-term inflation expectations, money introduces inertia and history …
Persistent link: https://www.econbiz.de/10010883557
rate response to deviations of the inflation rate from target, to the change in the output gap, to money demand shocks and …-term inflation expectations, monetary targeting introduces inertia and history-dependence into the monetary policy rule. This is …
Persistent link: https://www.econbiz.de/10010295843
rate response to deviations of the inflation rate from target, to the change in the output gap, to money demand shocks and … that, in addition to anchoring long term inflation expectations, monetary targeting introduces inertia and history …
Persistent link: https://www.econbiz.de/10010327300
deviations of inflation from target, but not to monetary growth. This result is at odds with the Bundesbank´s claim that it … Bundesbank took its monetary targets seriously, but also responded to deviations of expected inflation and output growth from …
Persistent link: https://www.econbiz.de/10005132654