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
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
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
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
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
detailed surveys of household inflation expectations for the United States and Sweden, we find that the data are generally … unsupportive of the near-rationality hypothesis. However, we document that household inflation expectations tend to settle around … discrete and largely fixed “focal points,” suggesting that both U.S. and Swedish households gauge inflation prospects in rather …
Persistent link: https://www.econbiz.de/10005423763
public’s inflation expectations and, in turn, reduce actual inflation. They also find that, when the economy experiences …
Persistent link: https://www.econbiz.de/10005464569