short some 20 million jobs. Further, there is no reason to believe that the current exceptionally low inflation rates are … transitory. Quite the contrary: without significant fiscal efforts to restore the bargaining power of labor, inflation rates are …

by the announcement of inflation targeting in 1991 when estimating the effects of monetary policy. For instance, we find …

This paper examines the relationship between nominal interest rate and the expected inflation rate for the Turkish … economy between 2002 and 2009, a period when the inflation-targeting regime was implemented as monetary policy. We use the … actually influenced the real long-term interest rates; the inflation targeting regime pursued by the Central Bank of Turkey is …

same inflation or interest rate expectations can differently assess whether the level of the corresponding variable is … and affects durable spending and saving decisions. We also show that the variation in inflation preferences can be …

interest rate, the study found evidence for the popular Fisher's effect and, then, suggested that inflation targeting should be …

major role on the phase of the short-term interest rates in Eastern European countries implementing inflation targeting …

variables, such as inflation, the output gap, its foreign exchange position and government borrowing. …