Showing 1 - 10 of 10,761
In this study, Turkey’s pre- and post-inflation targeting periods are compared by means of inflation performance in … positively contributed to the inflation performance in Turkey. … order to analyze whether inflation targeting is successful or not. Firstly by autoregressive time series models it is …
Persistent link: https://www.econbiz.de/10010700720
Turkey (CBRT). Instead of relying on one interest rate as inflation-targeting, the CBRT resorted to raising it as inflation …This Selected Issues paper on Turkey discusses the new monetary framework adopted by the Central Bank of Republic of …
Persistent link: https://www.econbiz.de/10011244904
This paper develops a set of leading indicators of industrial production growth and consumer price inflation for the … inflation. Our findings provide evidence on the factors determining real activity and inflation in a period of disinflation and …
Persistent link: https://www.econbiz.de/10009368409
This report for the 2012 Article IV Consultation with Turkey discusses the macroeconomic conditions after the 2008 … stance given the upside risks to inflation. …
Persistent link: https://www.econbiz.de/10011243576
The paper shows the advantages and handicaps of implementing an inflation target (IT) regime, from a Post-Keynesian and …
Persistent link: https://www.econbiz.de/10005014711
This paper assesses Brazil's growth performance from a long-term perspective, using crosscountry and panel estimation … macroeconomic stability and several reforms have helped raise per capita growth in Brazil since the mid-1990s. The results also show …
Persistent link: https://www.econbiz.de/10005826652
this study is that, in inflation targeting emerging economies, such as that of Brazil, following a committed monetary … activity and the process of anchoring of inflation expectations affect the supply of credit in Brazil. Moreover, the paper … monetary policy through the credit channel in Brazil. The study verifies if the monetary policy, the economic activity and the …
Persistent link: https://www.econbiz.de/10010688400
expectations to provide a comparison of inflation persistence in Brazil with a sample of inflation targeting (IT) countries. This … approach suggests that inflation persistence increased in Brazil through early 2013, in contrast to many of its IT peers …Inflation persistence is sometimes defined as the tendency for price shocks to push the inflation rate away from its …
Persistent link: https://www.econbiz.de/10011123875
In this paper we explore the role that exchange rate interventions may play in determining inflation expectations in … Chile. To that end, we consider a set of nine deciles of inflation expectations coming from the survey of professional …
Persistent link: https://www.econbiz.de/10010849792
We use laboratory experiments with human subjects to test the relevance of different inflation targeting regimes. In … particular and within the standard New Keynesian model, we evaluate to what extent communication of the inflation target is … relevant to the success of inflation targeting. We find that if the central bank only cares about inflation stabilization …
Persistent link: https://www.econbiz.de/10010858041