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This paper analyses the impact of central bank interven-tions in the inflation targeting regime. The results of …, inflation is lower. As a result of lower price growth, the need for a monetary policy response to an interest rate is also lower …
Persistent link: https://www.econbiz.de/10012805926
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
important tools for government to influence the economy. Exchange rate and inflation are believed to be the most appealing … studies on the effect of exchange-rate arrangements and inflation targeting on economic growth suffer from the absence of a … results consistently support that an inflation targeting regime has a positive impact on economic growth when compared with an …
Persistent link: https://www.econbiz.de/10013024911
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
Persistent link: https://www.econbiz.de/10010355778
budget consolidation, interest rate hikes, or lowering the target inflation rate could prevent a crisis. The most effective … and efficient measure is lowering the perceived inflation target by restoring central bank’s independence, thereby … regaining investor confidence. Loans from international partners would also stabilize Turkey’s currency, inflation, and economy …
Persistent link: https://www.econbiz.de/10011904395
appreciating that were put in place in 2013. I focus its on the impact on output, unemployment, and inflation. I use the synthetic … connected to disturbances created by changes in excise taxes. The effect of the commitment on inflation is positive but not …
Persistent link: https://www.econbiz.de/10011515767
An increasing number of countries have adopted inflation targeting since New Zealand first adopted this framework in … early 1990. Currently there are 21 countries using inflation targeting in every continent of the world. This paper discusses … the characteristics of these countries and how the adoption of inflation targeting has affected their economic performance …
Persistent link: https://www.econbiz.de/10011689922
The article assessed the treatment effects of targeting inflation regime on the real output and consumer inflation … countries and covers inflation and non-inflation targeters over the period 1990–2017. The results showed that inflation … volatility. This study founded out that full-fledged IT had the effect of slowing down consumer inflation and reducing its …
Persistent link: https://www.econbiz.de/10012833425
Macroprudential policy has gained prominence for promoting financial stability. In this paper, we assess the effectiveness of macroprudential policy in reducing credit growth over a 22-year period across 129 countries. Additionally, we investigate the interaction between macroprudential policy,...
Persistent link: https://www.econbiz.de/10014496532