The main focus of the present paper is to analyze the impacts of financial policy on inflation rates. The analysis … utilized to reflect the relations between financial policy and inflation. Thus, more lights are shed on the fact that the first … components represented in governmental expenditure and taxation and the dependant variable inflation. The results show that there …

policy mix was tested - how often monetary policy (in inflation reports) analyses financial stability issues. This paper aims … to discuss the aforementioned objective. Design/methodology/approach A total of 648 inflation reports published by 11 … financial stability topics (mainly cyclical aspects of systemic risk) on average account for only 2%of inflation reports …

predict highly volatile inflation with no serial correlation. In this paper, we show that an otherwise-standard Ramsey model … that incorporates capital accumulation and habit persistence predicts highly persistent inflation. The result depends on … optimal inflation. Our work complements a recent strand of the Ramsey literature based on models with nominal rigidities. In …

The ongoing post-pandemic inflation burst has put the monetary policy framework, its governance alternatives, and the … politicized yet independent model of central banking over the past two decades on the inflation burst. The study identifies four … demanding advanced stages of the fight against inflation. It is anticipated that this episode will contribute to complete the …

When the central banker’s loss function is asymmetric, changes in the volatility of inflation and/or unemployment … affect equilibrium inflation. This suggests that changing macroeconomic volatilities may be an important driving force behind … trends in observed inflation. Previous evidence, which has offered support for this idea, suffers from a spurious regression …

resilient to external shocks. Enhancing the credibility of the inflation target would provide the monetary authorities with more …. Améliorer la crédibilité de l’objectif d’inflation donnerait aux autorités monétaires plus de latitude pour réagir aux chocs …

The standard loss function gives the same weight to positive and negative deviations from the output and inflation … the target, and often also inflation rates that are below target, should be counted as gains instead of losses. …

Recent theoretical work shows that changes in the volatility of inflation and/or unem-ployment affect equilibrium in … propositionthat the volatility of unemployment helps explain inflation outcomes suffers from a spu-rious regression problem. Once this … problem is controlled for, the evidence suggeststhat the volatility of unemployment does not help explain inflation outcomes …

The standard loss function counts both positive and negative deviations from the output and inflation targets as losses …. But if the sample period is long enough, then output growth in excess of the target, and often also inflation rates that …