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activity of the Bank of Lithuania during the process of integration into the EU. The viability of the inflation rate maintained …
Persistent link: https://www.econbiz.de/10009478178
A high inflation rate is the main obstacle prohibiting euro lead into the state, that‘s why the inflation theme is the … urgent one. We analyzed the inflation not only from the economic perspective, but from the legal side too. The changes of … property forms, legal tends, extent of inflation, form the inflation concepts too. Inflation is an economical process, when …
Persistent link: https://www.econbiz.de/10009478992
could lead to a sustainable economic growth. Inflation targeting has become one of these policy alternatives and has …-condition for the success of inflation-targeting is to identify the leading indicators of inflation and develop a model to … reasonably forecast inflation. This is the main objective of this paper. Besides an overview of the experience, the main focus of …
Persistent link: https://www.econbiz.de/10009441723
2 percent per year. This overstatement in the Japanese CPI in combination with Japan's low inflation rate is likely to … expenses and debt service. For monetary policy, the overstatement of inflation suggests that if the BOJ adopts a formal … inflation target without changing the current CPI methodology a lower band of less than 2 percent would not achieve its goal of …
Persistent link: https://www.econbiz.de/10009472318
Is inflation targeting an appropriate framework for monetary policy? Experience from the inflation-targeting countries … countries are optimistic about inflation targeting as a monetary-policy framework. South Africa is also following this trend … shows that inflation targeting is not a universal remedy to modern economic ills -- there is an emerging danger of assigning …
Persistent link: https://www.econbiz.de/10009457851
The greening monetary policy incorporates essential enduring policy decisions towards low carbon economy without deviating from the main functions of monetary policy. The challenges are safeguarding low carbon assets while the investors prefer carbon-intensive investments. European Central Bank...
Persistent link: https://www.econbiz.de/10013278854
Rationale Central banks in some developed countries have started to record, or will soon record, losses. These losses are due to the structural changes in their balance sheets after the exceptional measures adopted during the economic crises of recent years, which were necessary to maintain...
Persistent link: https://www.econbiz.de/10014502665
-separability of the utility function, inflation aversion, nominal transaction frictions). The monograph is organized as follows … market share competition with the assumption that agent?s behavior is characterized by inflation aversion. Chapter IV is … devoted to the GMM estimation of crucial parameters of the inflation-aversion model of the previous chapter. A model featuring …
Persistent link: https://www.econbiz.de/10009482289
explain the development of inflation dynamics and the formation process of inflation expectations of households respectively. We …
Persistent link: https://www.econbiz.de/10009429015
An evaluation of the existing hydrothermal energy economics related quantitative studies is provided. The objective is to present the similarities and differences in methodology and assumptions, and explain the impact of these differences on the energy price estimates. A brief summary of the...
Persistent link: https://www.econbiz.de/10009436375