responds to inflation and output volatility, especially during economic crises. This framework offers a promising alternative …

inflation and output stabilisation mandates of the CBN. The study also finds that inclusion of more instruments in the CBN … therefore emphasises the difficulty of the CBN to effectively manage inflation and output stabilisation simultaneously, which …

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 …

qualitative and quantitative information on subsequent inflation. The usefulness of monetary analysis is contrasted to weaknesses … in modeling monetary policy and inflation with respectively short-term interest rates and real activity measures. The … analysis sheds light on the recent change in inflation volatility and persistence as well as on the Phillips curve flattening …

what extent monetary policy is sensitive to the basic objectives of economic policy, such as the deviation of the inflation …

Inflation targeting 􀂱 monetary policy framework that requires the central bank to achieve a low inflation 􀂱 has … authorities to make necessary reforms in order to pass from a planned to a market economy. In Romania, inflation targeting has …