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The ex ante credibility of disinflation policy and the cost of reducing inflation

Boschen, John Fink; Weise, Charles L. - In: Journal of macroeconomics 23 (2001) 3, pp. 323-347

Persistent link: https://www.econbiz.de/10001594006

Central bank independence and disinflationary credibility : a missing link?

Posen, Adam Simon - In: Oxford economic papers 50 (1998) 3, pp. 335-359

Persistent link: https://www.econbiz.de/10001338133

Central Bank Independence and Disinflationary Credibility : A Missing Link?

Posen, Adam S. - 2007

increasing the credibility of commitments to price stability. This paper analyzes public- and private-sector behavior in a sample … of seventeen OECD countries for evidence of variations in disinflationary credibility with monetary institutions. The …

Persistent link: https://www.econbiz.de/10014049760

Central Bank Independence and Disinflationary Credibility : A Missing Link?

Posen, Adam S. - 1997

Persistent link: https://www.econbiz.de/10014075262

Central Bank independence and disinflationary credibility : a missing link

Posen, Adam Simon - 1994

Persistent link: https://www.econbiz.de/10013446229

Does Inflation Targeting Matter?

Sheridan, Niamh - 2003

This paper asks whether inflation targeting improves economic performance, as measured by the behavior of inflation, output, and interest rates. We compare 7 OECD countries that adopted inflation targeting in the early 1990s to 13 that did not. After the early 1990s, performance improved along...

Persistent link: https://www.econbiz.de/10014400142

Openness and the Sacrifice Ratio Revisited

Lin, Hsin-Yi - 2011

This paper investigates the relationship between trade openness and the sacrifice ratio for 126 countries from 1973 to 2007. The instrumental variable quantile regression method is used to explain heterogeneous impact of openness on sacrifice ratio, where openness is endogenous. Empirical...

Persistent link: https://www.econbiz.de/10013126697

Essays on credibility, fiscal reform and inflation stabilization

Ruge-Murcia, Francisco Javier - 1993

Persistent link: https://www.econbiz.de/10000914512

Chapter 22 Political economics and macroeconomic policy

Persson, Torsten; Tabellini, Guido - In: Handbook of macroeconomics : volume 1, part C, (pp. 1397-1482). 1999

incentive constraints on the policy making process, such as lack of credibility, political opportunism, political ideology, and …: it covers credibility issues, political business cycles, and optimal design of monetary institutions. Part II deals with … fiscal policy in a dynamic general equilibrium set up: the main topics here are credibility of tax policy, and political …

Persistent link: https://www.econbiz.de/10014024218

Monetary and fiscal policy

Persson, Torsten (contributor); … - 1994

Persistent link: https://www.econbiz.de/10000889196