The global market for inflation-indexed securities has ballooned in recent years, and this trend is set to continue … approaching the subject for the first time. The book also provides unique insight into the development of inflation …Intro -- Inflation-indexed Securities -- Contents -- List of Exhibits -- List of Figures -- List of Tables -- About the …

against inflation. The challenge now confronting the Fed and its counterparts is how to proceed in this newly benign economic … environment: Should monetary policy seek to maintain a rate of low-level inflation or eliminate inflation altogether in an effort … calculating the gains in economic welfare that might result from a move from a low level of inflation to full price stability. The …

with the restriction that interest rates can not fall below zero. Then optimal monetary policy in a low inflation … although most central banks nowadays use an inflation target instead. Reasons for an inflation target will be shown in the … discussion of the model. The second part of the book describes the inflation dynamics in the euro area to see what monetary …