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the central banks, or their equivalent, in six of the main East Asian developing economies. Some of these economies have … issued by the national government--not the central bank--be developed for the central bank's use in its monetary policy …
Persistent link: https://www.econbiz.de/10005368502
Central banks around the world potentially face a skeptical public when they announce a commitment to controlling … inflation. Some economists have argued that, to enhance credibility, central banks should adopt monetary growth rules or other …
Persistent link: https://www.econbiz.de/10005373372
After two decades of successfully restoring price stability in much of the world economy, central banks begin the next … does not reappear as a serious policy problem? Another important question is whether central banks enjoy greater … distinguished experts from central banks, academic institutions, and financial markets from around the world.> Sellon and Buskas …
Persistent link: https://www.econbiz.de/10005373431
of these ideas and issues that will continue to challenge central bankers for years to come. The symposium was held at … distinguished group of central bank officials and academic, policy, and business economists to discuss these important challenges …
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Over the past twenty years the world's major central banks have been largely successful at bringing inflation under … the next battles facing central bankers will lie on a different front. One development that has already concentrated the …
Persistent link: https://www.econbiz.de/10005379589
integration that affect central banks. First, increasing foreign trade is causing greater integration of countries and regions and … flows around the world is making it more difficult for central banks to achieve domestic objectives.> Focusing primarily on …
Persistent link: https://www.econbiz.de/10005379618
Forecasts of future economic developments play an important role for the monetary policy decisions of central banks …. For example, forecasts of goal variables can help central banks achieve their goals and make them more accountable to the …. Under such an approach, the quality of a central bank's forecasts and the effectiveness of its actions to bring forecasts …
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Even in a world with rational expectations, it has been well established theoretically that if the central bank …
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