Showing 41 - 50 of 155,742
Persistent link: https://www.econbiz.de/10005634302
There is no unifying framework for evaluating core inflation measures, so we propose a methodological framework to … close this gap. It allows us to construct, evaluate, and rank core inflation measures by applying it to countries and … the usual indicator that excludes food and energy, which is the most widespread measure of core inflation among central …
Persistent link: https://www.econbiz.de/10014382964
This study follows a novel approach proposed by Angelico et al. (2022) using Twitter to measure inflation perception in … exhibit a dynamic similar to inflation and inflation expectations for the sample period January 2015 to March 2023. Our … interpretation of these results suggests that our indicators are closely linked to the underlying factors that drive inflation …
Persistent link: https://www.econbiz.de/10015399273
We analyse the interaction between private agents? uncertainty about inflation target and the central bank's data … uncertainty. In our model, private agents update their perceived inflation target and the central bank estimates unobservable … economic shocks as well as the perceived inflation target. Under those two uncertainties, the learning process of both private …
Persistent link: https://www.econbiz.de/10010295855
Many countries have undertaken central-bank independence reforms, but the years of implementation differ. What explains such differences in timing? This is of interest more broadly, as it sheds light on factors that matter for the speed at which economic reforms come about. We study a rich set...
Persistent link: https://www.econbiz.de/10010504481
bond yields lead to a significant rise in real GDP, consumer prices, inflation expectations, and credit volume in the euro …
Persistent link: https://www.econbiz.de/10011432678
bond yields lead to a significant rise in real GDP, consumer prices, inflation expectations, and credit volume in the euro …
Persistent link: https://www.econbiz.de/10011432768
inflation, quality of institutional setup, and extent of Internet use in a country are important determinants of MPCT. MPCT has … a robust and significantly negative impact on inflation variability, even after controlling for important macroeconomic …
Persistent link: https://www.econbiz.de/10010286350
these matters. These postulates are used to frame accounts of the Bretton Woods System and its collapse, the Great Inflation … success of inflation targeting. Though monetary policy seems rather successful at present, certain weaknesses in currently …
Persistent link: https://www.econbiz.de/10005515472
economic performance under inflation targets, and arguments that the flexible exchange rate has undermined real economic …
Persistent link: https://www.econbiz.de/10005406116