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Developmental central banking : winning the future by updating a page from the past
Epstein, Gerald A. - In: Review of Keynesian economics 1 (2013) 3, pp. 273-287
Persistent link: https://www.econbiz.de/10009792040
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Unemployment fluctuations and nominal GDP targeting
Billi, Roberto M. - In: Economics letters 188 (2020), pp. 1-5
Persistent link: https://www.econbiz.de/10012227858
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Unemployment fluctuations and nominal GDP targeting
Billi, Roberto M. - 2020
I evaluate the welfare performance of a target for the level of nominal GDP in a New Keynesian model with unemployment, accounting for a zero lower bound (ZLB) constraint on the nominal interest rate. Nominal GDP targeting is compared to employment targeting, a conventional Taylor rule, and the...
Persistent link: https://www.econbiz.de/10012161495
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The credibility of monetary policy announcements : empirical evidence for OECD countries since the 1960s
Belke, Ansgar; Freytag, Andreas; Keil, Jonas; … - 2011
Monetary policy rules have been considered as fundamental protection against inflation. However, empirical evidence for a correlation between rules and inflation is relatively weak. In this paper, we first discuss likely causes for this weak link and present the argument that monetary commitment...
Persistent link: https://www.econbiz.de/10009569729
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Credibility and transparency of Central Banks : new results based on Ifo s world economicy survey
Hamella, Sandra; Haan, Jakob de - 2004
This paper reports the results of a survey among private sector economists about credibility and transparency of … Survey to answer questions on the importance and determinants of credibility. The results of both surveys are very comparable …. Credibility is considered to be important to attain price stability at low cost, while the best ways to earn credibility are a …
Persistent link: https://www.econbiz.de/10011399168
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Does talk matter after all? : Inflation targeting and central bank behavior
Kuttner, Kenneth N.; Posen, Adam Simon - 1999
flexibility and credibility; similarly, New Zealand's improved inflation performance was achieved without a discernable increase …
Persistent link: https://www.econbiz.de/10009768267
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Inflation targeting : an alternative to monetary policy
Aguir, Abdelkader - In: International journal of economics and finance 6 (2014) 7, pp. 182-194
Persistent link: https://www.econbiz.de/10010384645
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Financial crisis and central bank independence
Blinder, Alan S. - In: Business economics : the journal of the National … 48 (2013) 3, pp. 163-165
Persistent link: https://www.econbiz.de/10010202216
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Inflation targeting performance following financial crises 2008
Astrayuda, Indra - In: Journal of international business and economics : JIBE 12 (2012) 4, pp. 28-34
Persistent link: https://www.econbiz.de/10009787236
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The financial auditor's crediblity in postcrisis economic policies
Dobre, Florin; Popa, Adriana Florina; Brad, Laura - In: Theoretical and applied economics : GAER review 21 (2014) 2, pp. 87-98
Persistent link: https://www.econbiz.de/10010342367