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Monetary policy after the crisis : a joint publication with the National Bank of Poland
Gnan, Ernest (ed.); Kokoszcynski, Ryszard (ed.);  … - Conference Monetary Policy after the Crisis <2011, Warschau>; … - 2011
On 4 March 2011, SUERF – The European Money and Finance Forum and the National Bank of Poland jointly organised a conference on the theme of: "Monetary Policy after the Crisis". Following a call for papers with a large number of submissions, the scientific committee selected 9 papers, which...
Persistent link: https://www.econbiz.de/10011710723
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Monetary and macroprudential policies in an estimated model with financial intermediation
Gelain, Paolo; Ilbas, Pelin - 2014
financial stability. For this purpose, monetary policy is described by a flexible inflation targeting regime using the interest …
Persistent link: https://www.econbiz.de/10011506778
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Monetary and Macroprudential Policies in an Estimated Model with Financial Intermediation
Gelain, Paolo - 2014
financial stability. For this purpose, monetary policy is described by a flexible inflation targeting regime using the interest …
Persistent link: https://www.econbiz.de/10013054256
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Monetary and macroprudential policies in an estimated model with financial intermediation
Gelain, Paolo; Ilbas, Pelin - 2014
financial stability. For this purpose, monetary policy is described by a flexible inflation targeting regime using the interest …
Persistent link: https://www.econbiz.de/10011589082
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The primary goal of monetary policy : reflections on the nature of the problem
Hetmańczuk, Adam - In: Central European review of economics and management : CEREM 5 (2021) 1, pp. 77-101
particular the aim of price stability, understood as low and stable inflation. Design/Research methods: The article was prepared … inflation reduces uncertainty about future price developments. This facilitates decision-making for companies concerning …
Persistent link: https://www.econbiz.de/10013198396
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Does low inflation pose a risk to economic growth and central banks reputation?
Dąbrowski, Marek - 2020
Inflation in advanced economies is low by historical standards but there is no threat of deflation. Slower economic … growth is caused by supply-side constraints rather than low inflation. Below-the-target inflation does not damage the … reputation of central banks. Thus, central banks should not try to bring inflation back to the targeted level of 2%. Rather, they …
Persistent link: https://www.econbiz.de/10012230450
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Finding new objectives, seeking new instruments
Cobham, David P. - 2024
This short paper use the perspective of the assignment problem to examine the evolution of the workings of monetary policy and the Monetary Policy Committee (MPC) of the Bank of England over its first 25 years. It outlines how the Bank, and the MPC, came across additional possible objectives and...
Persistent link: https://www.econbiz.de/10014471910
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Voluntary reserve targets
Baughman, Garth; Carapella, Francesca - 2018
This paper updates the standard workhorse model of banks' reserve management to include frictions inherent to money markets. We apply the model to study monetary policy implementation through an operating regime involving voluntary reserve targets (VRT). When reserves are abundant, as is the...
Persistent link: https://www.econbiz.de/10011932184
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Inflation targets versus international monetary integration : a Canadian perspective
Laidler, David E. W. - 2002
economic performance under inflation targets, and arguments that the flexible exchange rate has undermined real economic …
Persistent link: https://www.econbiz.de/10011541166
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Do exchange rates affect inflation? : evidence from emerging market economies
Demirel, Baki; Alpaslan, Barış; Bozdağ, Emre Güneşer - 2013
After 1980s, chronic inflation in Turkey has shaken the confidence in the domestic currency, and thus operating debit …-credit transactions through dollars. The aim of this study is to analyse the impact of exchange rate pass-through into inflation in both … with inflation targeting policy in an attempt to switch to the advanced economy, and to examine whether stabilization …
Persistent link: https://www.econbiz.de/10009791587