The current discussion of Inflation Targeting (IT) in emerging economies deals with the effects that nominal exchange … rate movements have on the overall inflation rate. The literature has focused in the analysis of the advantages and …-through effect into inflation. So far none of them have dealt with the differences arising from the policy instruments used to fight …

correlation between output and inflation appears to be positive and the response of our model economy to a shock is persistent …

monetary policy. Applying this approach to deflationary or near-zero inflation environments is problematic, however, and this … declines in Japanese inflation expectations. Policies undertaken by the Bank of Japan during this period did little to …

through inflation targeting. The ECB aims at a target inflation rate below but close to 2%. However, the diversity among the … each individual member state. Some Eurozone member states experience generally higher levels of inflation and higher … unemployment. On the other side are countries like Germany which are more concerned with maintaining low inflation only. Many …

The Central Bank of Turkey (TCMB) has a significant power on aggregate demand and inflation expectation via monetary …

-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 …

amount of current financial circulation, net-government, rate of interest and exchange rate to the inflation in Indonesia … Variance DecompositionThe result of this study showed that inflation has contributed to the world oil price, while the … unemployment has been contributed to inflation; the word oil price has contributed to inflation, unemployment and the amount of …

its factors that influence it. The variables which are used are exchange rate, inflation, the price of natural rubber, and … direct, indirect, and total effect of exchange rate, inflation, price to export of natural rubber of North Sumatra by … production of natural rubber. The data calculating uses Eviews 5.1. The result shows that exchange rate, inflation, and price of …

no systematic link between thedecline in inflation and the upward adjustments in indexed interest rates. Third,changes in … the exchange rate and in the performance of the external sector helpexplain the decline in inflation. Fourth, the strong …