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Time Series Modeling and Forecasting Inflation : Evidence from Nigeria

Kelikume, Ikechukwu - 2014

Autoregressive model to forecast inflation for Nigeria. This paper use changes in monthly consumer price index obtained from the … price level. Based on different diagnostic and evaluation criteria, the best forecasting model for predicting inflation in … macroeconomic indicators using the forecasted inflation …

Persistent link: https://www.econbiz.de/10013063004

A monetary analysis of the liquidity trap with an application to the USA

Pinto, João Braz; Andrade, João de Sousa - In: Contemporary economics 13 (2019) 4, pp. 446-470

Keynes emphasized a specific situation in which the liquidity preference becomes absolute, leading to monetary policy ineffectiveness when nominal interest approaches the zero-bound rate. This situation was termed a liquidity trap (LT) by Robertson and was popularized by the Hicks- Hansen...

Persistent link: https://www.econbiz.de/10012177015

Missing aggregate dynamics : on the slow convergence of lumpy adjustment models

Berger, David; Caballero, Ricardo J.; Engel, Eduardo - 2015

Persistent link: https://www.econbiz.de/10011577984

Missing aggregate dynamics : on the slow convergence of lumpy adjustment models

Berger, David; Caballero, Ricardo J.; Engel, Eduardo - 2017

Persistent link: https://www.econbiz.de/10011776554

Are the Facts of UK Inflation Persistence to Be Explained by Nominal Rigidity or Changes in Monetary Regime?

Meenagh, David - 2007

It has been widely argued that inflation persistence since WWII has been widespread and durable and that it can only be …

Persistent link: https://www.econbiz.de/10012728722

A VAR model for monetary policy analysis in a small open economy

Jacobson, Tor; Jansson, Per; Vredin, Anders; Warne, Anders - 1999

index of monetary conditions; dynamic forecasts of inflation; and the relation between inflation and the output gap …

Persistent link: https://www.econbiz.de/10011584357

Frequency Dependence in a Real-Time Monetary Policy Rule

Ashley, Richard A.; Tsang, Kwok Ping; Verbrugge, Randal - 2017

rate and the inflation rate. Our estimation method uses real-time data in these rates - as did the FOMC - and requires no a … response to a fluctuation in either the unemployment or the inflation rate depended strongly on the persistence of this …

Persistent link: https://www.econbiz.de/10014198568

Time-varying identification of monetary policy shocks

Camehl, Annika; Woźniak, Tomasz - 2023

regime, systematic monetary policy follows a Taylor rule extended by the term spread and is effective in curbing inflation … of the second regime, inflation would be over one percentage point higher on average after 2008. …

Persistent link: https://www.econbiz.de/10014422351

Frequency Dependence in a Real-Time Monetary Policy Rule

Ashley, Richard A. - 2015

rate and the inflation rate. Our estimation method uses real-time data in these rates — as did the FOMC — and requires no a … response to a fluctuation in either the unemployment or the inflation rate depended strongly on the persistence of this …

Persistent link: https://www.econbiz.de/10013031759

Persistence and long memory in monetary policy spreads

Caporale, Guglielmo Maria; Gil-Alaña, Luis A. - 2020

The overnight money market rate is a key monetary policy tool. In recent years, central banks worldwide have developed new monetary policy strategies aimed at keeping its deviations from the policy rate small and short-lived. This paper describes the main instruments used for this purpose by the...

Persistent link: https://www.econbiz.de/10012308499