systems for managing demand response, (2)Facility systems for implementing load control, (3)Communications networks for … specifications and communications standards is given and their applicability to DLC or FCLC. In general FCLC adds more cost and … is more predictable - however as more loads have the capability to respond to DR signals, people may prefer to have their …

Inflation targeting is a forward-looking framework for monetary policy that has brought unprecedented transparency to …) Monetary Policy Committee (MPC) has, since the introduction of inflation targeting, successfully communicated to the public its … a numerical index that is used to reflect the information content of the SARB's communications, specifically the …

sector inflation expectations has become an essential channel through which this goal is achieved. This evaluation aims to … improve the understanding of how the sensitivity of private sector inflation expectations to macroeconomic surprises in South … anchoring inflation expectations. If a central bank is credible, the financial markets should react less sensitively to …

inflation. Under discretion, an inflationary bias arises from the central bank’s attempt to redistribute wealth towards debtor … by the incentive to prevent expectations of future inflation from being priced into new bond issuances ; under certain … conditions, long run inflation is zero as both effects cancel out asymptotically. For a plausible calibration, we find that the …

The objectives of this research are to analyze the contribution of real income, interest rate, inflation to the change … inflation in Indonesia, to know the contribution of real income, money demand, inflation to the change on interest rate in … Indonesia and to know the contribution of inflation, money demand, interest rate to the change on real income in Indonesia. Data …

labor productivity shock, and money is the only asset. Being an effective tax on savings, inflation acts as a redistribution … which the median voter chooses the inflation rate. I use an environment where individuals face an uninsurable idiosyncratic … mechanism transferring resources from the rich to the poor. I show that the median voter chooses a positive inflation rate as …

-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 …

actually be welfare reducing if the trade union has an exogenously given preference against inflation. We reframe this …