Add to ORKGWhat policy rules should central banks follow? A growing number of econo-mists and policymakers advocate targets for the level of inflation. Many also argue that inflation targeting should be implemented through a “Taylor rule” in which interest rates are adjusted in response to output and inflation. Thes
Nowadays, central banks mostly conduct monetary policy by setting nominal interest rates. A widely h...
normative analysis of monetary policy within a simple optimization-based closed economy framework. W...
This paper provides a simple dynamic neo-Keynesian model that can be used to analyze the impact of m...
Monetary policy plays a central role in modern macroeconomics and many countries around the world ha...
The design of rules for central bank policy has been a subject of increasing interest to many moneta...
Under a flexible inflation targeting regime, should policymakers avoid any reaction to movements in ...
Monetary policy in small open economies is typically cast as a choice between an exchange rate ancho...
Presented at the workshop ‘’The conduct of monetary policy in open economies’’ on 26–27 October 2000...
Policy rules that are consistent with inflation targeting are examined in a small macroeconomic mode...
Monetary policy rules help central banks exercise the discipline necessary to achieve their long-ter...
Since the 1990s inflation targeting (IT) has been adopted by several central banks as a strategy for...
Should a central bank respond directly to domestic or foreign \u85nancial market conditions when set...
The purpose of the paper is to survey and discuss inflation targeting in the context of monetary pol...
This paper examines two main issues for the case of inflation targeting countries. The first is to i...
Inflation targeting is shown to imply inflation forecast targeting; the central bank’s inflation for...
Nowadays, central banks mostly conduct monetary policy by setting nominal interest rates. A widely h...
normative analysis of monetary policy within a simple optimization-based closed economy framework. W...
This paper provides a simple dynamic neo-Keynesian model that can be used to analyze the impact of m...
Monetary policy plays a central role in modern macroeconomics and many countries around the world ha...
The design of rules for central bank policy has been a subject of increasing interest to many moneta...
Under a flexible inflation targeting regime, should policymakers avoid any reaction to movements in ...
Monetary policy in small open economies is typically cast as a choice between an exchange rate ancho...
Presented at the workshop ‘’The conduct of monetary policy in open economies’’ on 26–27 October 2000...
Policy rules that are consistent with inflation targeting are examined in a small macroeconomic mode...
Monetary policy rules help central banks exercise the discipline necessary to achieve their long-ter...
Since the 1990s inflation targeting (IT) has been adopted by several central banks as a strategy for...
Should a central bank respond directly to domestic or foreign \u85nancial market conditions when set...
The purpose of the paper is to survey and discuss inflation targeting in the context of monetary pol...
This paper examines two main issues for the case of inflation targeting countries. The first is to i...
Inflation targeting is shown to imply inflation forecast targeting; the central bank’s inflation for...
Nowadays, central banks mostly conduct monetary policy by setting nominal interest rates. A widely h...
normative analysis of monetary policy within a simple optimization-based closed economy framework. W...
This paper provides a simple dynamic neo-Keynesian model that can be used to analyze the impact of m...