Narrow search
Showing 1 - 10 of 12,763
Cover Image
When should central banks fear inflation expectations?
Gobbi, Lucio; Mazzocchi, Ronny; Tamborini, Roberto - 2024
Persistent link: https://www.econbiz.de/10014514071
Cover Image
When should central banks fear inflation expectations?
Gobbi, Lucio; Mazzocchi, Ronny; Tamborini, Roberto - 2024
When inflation picks up, central banks are most concerned that the de-anchoring of inflation expectations and the … ignition of wage-price spirals will trigger inflation dynamic instability. However, such scenarios do not materialize in the … updated according to the actual inflation process, with indexed wages, and persistent inflation shocks. In these cases, a more …
Persistent link: https://www.econbiz.de/10014478734
Cover Image
Central bank transparency and disagreement in inflation expectations
Yoneyama, Shunichi - 2021
Persistent link: https://www.econbiz.de/10013471155
Cover Image
Can we identify the Fed's preferences?
Chatelain, Jean-Bernard; Ralf, Kirsten - 2017
Using US data, we estimate optimal policy with a probability below one that the Fed reneges on its commitment ("limited credibility") versus discretionary policy where the Fed reneges on its commitment at all periods with a probability equal to one ("zero credibility"). The transmission...
Persistent link: https://www.econbiz.de/10011695111
Cover Image
Central bank credibility and inflation dynamics in Brazil
Ferreira, Roberto Tatiwa; Goes, Carlos Roberto Chagas; … - In: The empirical economics letters : a monthly … 17 (2018) 2, pp. 235-242
Persistent link: https://www.econbiz.de/10011912903
Cover Image
The effect of central bank credibility on forward guidance in an estimated New Keynesian model
Cole, Stephen J.; Martínez-García, Enrique - In: Macroeconomic dynamics 27 (2023) 2, pp. 532-570
Persistent link: https://www.econbiz.de/10014247540
Cover Image
Forward guidance and the role of Central Bank credibility under heterogeneous beliefs
Goy, Gavin; Hommes, Cars H.; Mavromatis, Kostas - 2018
Persistent link: https://www.econbiz.de/10011943242
Cover Image
Forward guidance and the role of central bank credibility under heterogeneous beliefs
Goy, Gavin; Hommes, Cars H.; Mavromatis, Kostas - In: Journal of economic behavior & organization : JEBO 200 (2022), pp. 1240-1274
Persistent link: https://www.econbiz.de/10013389405
Cover Image
Evaluating an Estimated New Keynesian Small Open Economy Model
Adolfson, Malin - 2009
an inflation targeting regime in 1993 we allow for a discrete break in the central bank's instrument rule. A key equation …
Persistent link: https://www.econbiz.de/10012721098
Cover Image
The Effect of Central Bank Credibility on Forward Guidance in an Estimated New Keynesian Model
Martínez-García, Enrique - 2020
perceived as less credible, anticipation effects are attenuated and, accordingly, output and inflation do not respond as …
Persistent link: https://www.econbiz.de/10012844416