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Aim: In this article, the state of the discourse concerning the final goal of the modern central bank is presented, in particular the aim of price stability, understood as low and stable inflation. Design/Research methods: The article was prepared on the basis of scientific publications in the...
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The popularity of inflation targeting has risen in the last decade and the number of countries that adopted inflation targeting as their monetary policy framework surpassed 40 by the end of 2016. This study analyzes whether inflation targeting around the world has been successful in terms of...
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-- Chapter 6. Inflation Dynamics and Monetary Policy in Taiwan -- Chapter 7. Why has there been no Inflation in Japan? -- Chapter … 9. The Bank of Japan Act of 1997 and “Quantitative and Qualitative Monetary Easing (QQE)”. … studies on Japan, Korea, Singapore, and Taiwan. The contributors address topics such as quantitative monetary easing, the role …
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After the introduction of a stabilization program Israeli inflation decreased from 400% in 1985 to 2% in 2013. This paper analyzes how the remarkable transition process of Israel's disinflation took place. We reinforce the existing hypothesis that inflationmoved in distinct steps characterized...
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