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 …

-shaped relation between the membership size of MPCs and inflation; our results suggest that the lowest level of inflation is reached … at MPCs with about seven to ten members. Similar results are obtained for other measures, such as inflation variability …. -- Central bank design ; monetary policy committee ; central bank board ; central bank council ; governance ; inflation. …

-shaped relation between the membership size of MPCs and inflation; our results suggest that the lowest level of inflation is reached … at MPCs with about seven to ten members. Similar results are obtained for other measures, such as inflation variability …. -- central bank design ; monetary policy committee ; central bank board ; central bank council ; governance ; inflation …

vier Notenbankern tut, die alle auf ihre Weise hochspannende Figuren waren und die Geldpolitik bis heute prägen. Ahameds … die Inflation kontrollieren wollen, besonders in Europa …