Showing 1 - 10 of 7,601
. Previous literature has highlighted the role of an economy's "structure" - such as its inflation volatility, inflation rate …, forecasts predicting how a given exchange rate movement will impact inflation at a specific point in time should take into …
Persistent link: https://www.econbiz.de/10011671018
We study the characteristics of inflation targeting as a shock absorber, using quarterly data for a large panel of … natural disasters. We find that inflation targeting improves macroeconomic performance following such exogenous shocks. It … lowers inflation, raises output growth, and reduces inflation and growth variability compared to alternative monetary regimes …
Persistent link: https://www.econbiz.de/10011790769
combine an inflation target, Fisher equation, policy reaction function and short and long run aggregate supply analysis to … shock to demand, a negative supply shock and dislodged inflation expectations. We also illustrate the problems of a zero …
Persistent link: https://www.econbiz.de/10003784924
We study the characteristics of inflation targeting as a shock absorber, using quarterly data for a large panel of … natural disasters. We find that inflation targeting improves macroeconomic performance following such exogenous shocks. It … lowers inflation, raises output growth, and reduces inflation and growth variability compared to alternative monetary regimes …
Persistent link: https://www.econbiz.de/10012926238
We study the characteristics of inflation targeting as a shock absorber in response to large shocks in the form of … natural disasters for a sample of 76 countries over the period 1970-2015. We find that inflation targeting improves … macroeconomic performance following such shocks as it lowers inflation, raises output growth, and reduces inflation and growth …
Persistent link: https://www.econbiz.de/10012931160
The central bank's optimal reaction to foreign and domestic shocks is analyzed in an inflation targeting model allowing … that the interest rate response to foreign shocks is smaller when pass-through is low. Second, the inflation …
Persistent link: https://www.econbiz.de/10011584787
The central bank's optimal reaction to foreign and domestic shocks is analyzed in an inflation targeting model allowing … that the interest rate response to foreign shocks is smaller when pass-through is low. Second, the inflation …
Persistent link: https://www.econbiz.de/10010281328
combine an inflation target, Fisher equation, policy reaction function and short and long run aggregate supply analysis to … shock to demand, a negative supply shock and dislodged inflation expectations. We also illustrate the problems of a zero …
Persistent link: https://www.econbiz.de/10010277864
possibility of implementing Inflation Targeting (IT) regime in Sierra Leone. Using monthly time series data spanning 2010M1 - 2021 …
Persistent link: https://www.econbiz.de/10014258057
This article theoretically and empirically investigates the determinants of inflation in a sample of 83 countries …, including countries that adopt an inflation targeting regime (ITR) and countries that do not, for the period 2000 to 2021. The … rates, food and energy - causing a rise in inflation and bringing recessive effects that may be more pronounced in ITR …
Persistent link: https://www.econbiz.de/10014550857