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The unemployment effect of central bank transparency
Weber, Christoph S. - 2017
economic outcomes. The question is whether higher transparency comes at some cost, i.e. higher unemployment or higher … unemployment variability. Firstly, the article shows in a theoretical model that opaqueness regarding the central bank …’s preferences does not necessarily lead to lower unemployment. Secondly, the paper analyses the main theoretical results of other …
Persistent link: https://www.econbiz.de/10011705413
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Unemployment as a target for central banks? : the case of hysteresis
Belke, Ansgar - In: Credit and capital markets : Kredit und Kapital 51 (2018) 4, pp. 587-619
Persistent link: https://www.econbiz.de/10011975096
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Another strange non-death : the NAIRU and the ideational foundations of the Federal Reserve's new monetary policy framework
Arbogast, Tobias; Doorslaer, Hielke van; Vermeiren, Mattias - In: Review of international political economy 31 (2024) 3, pp. 805-830
Persistent link: https://www.econbiz.de/10015055230
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Looking through supply shocks versus controlling inflation expectations : understanding the Central Bank dilemma
Beaudry, Paul; Carter, Thomas J.; Lahiri, Amartya - 2022 - Last updated: September 20, 2022
Central banks in most advanced economies have reacted similarly to the increase in inflation that started in 2021. They initially looked through the rising inflation by leaving monetary policy relatively unchanged. Then, after inflation continued to increase, central banks pivoted by quickly...
Persistent link: https://www.econbiz.de/10013370504
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Tracking a central banker's preference : a nonparametric regression approach
Park, Cheolbeom; Park, Sookyung - In: Bulletin of economic research 74 (2022) 1, pp. 291-307
Persistent link: https://www.econbiz.de/10012819455
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Reading a central banker's preference : a non parametric regression approach
Park, Cheolbeom; Park, Sookyung - 2020
Persistent link: https://www.econbiz.de/10014335317
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Perspektiv på sambandet mellan penningpolitik och arbetslöshet
Boije, Robert; Holmberg, Karolina - In: Ekonomisk debatt 35 (2007) 4, pp. 23-37
Persistent link: https://www.econbiz.de/10003470312
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How to weigh unemployment relative to inflation in monetary policy?
Svensson, Lars E. O. - In: Journal of money, credit and banking : JMCB 46 (2014), pp. 183-188
Persistent link: https://www.econbiz.de/10010471051
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On Lower-Bound Traps : A Framework for the Analysis of Monetary Policy in the 'Age' of Central Banks
Palacio-Vera, Alfonso - 2006
We present a simple theoretical framework that integrates the notion of the natural or neutral interest rate, liquidity preference theory, and the monetary policy practice by modern central banks. We claim that this theory explains the conditions under which an economy will experience an...
Persistent link: https://www.econbiz.de/10012732661
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The effect of Central Bank transparency on exchange rate volatility
Weber, Christoph S. - 2017
The increase in central bank transparency was one of the main developments in central banking in the last two decades. This leads to the question of which effect central bank transparency has on the volatility of exchange rates. According to theoretical considerations, more information could...
Persistent link: https://www.econbiz.de/10011722975