Showing 1 - 10 of 477
The inflation expectations channel of the transmission mechanism is generally recognised as crucial for the … implementation of modern monetary policy. This paper briefly reviews the practices commonly employed for measuring inflation … forward rates (called inflation compensation) on a particular day is then used as a proxy for the market's inflation …
Persistent link: https://www.econbiz.de/10009480482
This study investigates the state, development and drivers of banking market integration in the member countries of the Southern African Development Community (SADC). A Principal Component Analysis (PCA) of national retail interest rates indicates increasing integration in loan and deposit...
Persistent link: https://www.econbiz.de/10009480502
The US Department of Energy (DOE) is privatizing the processing of hazardous and radioactive tank waste at the Hanford Site in Washington State. As part of the privatization process, a request for proposals describing the conditions and DOE`s expectations for contractor performance and...
Persistent link: https://www.econbiz.de/10009436948
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 …
Persistent link: https://www.econbiz.de/10009464121
The article analyzes the public spending of inflation and the reasons for its permanence. It is noted that inflation … that accompanying product of inflation as a complex phenomenon is massive and uncontrolled distribution of national income … and public wealth: Inflation is directly reflected on the real income of households and firms and causes the distribution …
Persistent link: https://www.econbiz.de/10011971426
Uma avaliação empírica da existência de racionamento de crédito, segundo Stiglitz e Weiss (1981), requer o estudo do impacto da política monetária sobre o mercado de crédito, em especial sobre a taxa de juros dos empréstimos. Desta forma, o objetivo deste artigo é analisar as...
Persistent link: https://www.econbiz.de/10009446743
economic growth, inflation and also the channel through which the outcome is more significant. The results show that in all of …
Persistent link: https://www.econbiz.de/10009460826
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 …
Persistent link: https://www.econbiz.de/10009480479
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 …
Persistent link: https://www.econbiz.de/10009480481
-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