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times of rising inflation. Taking these fears seriously, we show that the institutionalization of central banking has always …
Persistent link: https://www.econbiz.de/10013173725
do not force a central bank to tolerate higher inflation, but may generate a tradeoff between the central bank …'s objectives for inflation and real activity. The presence and size of this tradeoff depends on how flexible prices are in the …
Persistent link: https://www.econbiz.de/10013548986
enhancement in Indonesia is characterized by the Flexible Inflation Targeting Framework (ITF). In this regard, the policy … framework continues to adhere to an inflation target as the overriding objective of monetary policy. The main characteristics of …
Persistent link: https://www.econbiz.de/10012979044
In the inverted yield curve environment, whether the sixteen SDGs set up by the United Nations could be realized by 2030 sparks interesting considerations. Meanwhile, as the Reserve Bank of New Zealand is considering the potential issuance of the CBDC, the boost to SDG 8 - decent work and...
Persistent link: https://www.econbiz.de/10014350207
While the potential issuance of CBDC might enable SDG 8 to be realized in New Zealand, mutual interactions between SDG 8 and other goals attract interesting considerations of if both SDG 8 and other goals could be achieved. SDGs are grouped in terms of the common characteristics that will enable...
Persistent link: https://www.econbiz.de/10014350208
As it is becoming clear that climate change will exert a major impact on inflation, economic growth, and financial …
Persistent link: https://www.econbiz.de/10013546180
policy should be neutral, and the central banks have no role to play beyond inflation targeting. In contrast, the present …
Persistent link: https://www.econbiz.de/10012829827
apply our Green CB Index to thirteen of the largest and most developed economies in the world. We identify three distinct …
Persistent link: https://www.econbiz.de/10014581552
The consequences of climate change affect both the financial system and the economy as a whole. Understanding the attendant risks and meeting the goals of the Paris Agreement, so as to restrict the rise in global temperature and mobilise the resources needed to achieve a carbonneutral economy,...
Persistent link: https://www.econbiz.de/10013324553
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