We make a case for the usefulness of an optimal control approach for the central banks’ choice of interest rates in inflation target regimes. We illustrate with data from selected developed and emerging countries with longest experience of inflation targeting
From page 15-- 'Here I survey some of the most important conclusions of this literature. I shall beg...
n this paper we incorporate the term structure of interest rates in a standard inflation forecast ta...
Recent research has suggested that in deriving optimal policy under discretion, policymakers should ...
We make a case for the usefulness of an optimal control approach for the central banks’ choice of in...
We make a case for the usefulness of an optimal control approach for the central banks’ choice of in...
The objective of this paper is to evaluate the efficiency of inflation target regime in developing c...
The objective of this paper is to evaluate the efficiency of inflation target regime in developing c...
The objective of this paper is to evaluate the efficiency of inflation target regime in developing c...
This paper characterizes optimal monetary policy for a range of alternative economic models in terms...
This paper uses a structurally estimated macroeconometric model, denoted the MC model, to evaluate i...
This paper uses a structurally estimated macroeconometric model, denoted the MC model, to evaluate i...
This paper analyses an optimal monetary policy under a non-linear Phillips curve and linear GDP dyna...
This paper analyses an optimal monetary policy under a non-linear Phillips curve and linear GDP dyna...
This paper analyses an optimal monetary policy under a non-linear Phillips curve and linear GDP dyna...
This paper analyses an optimal monetary policy under a non-linear Phillips curve and linear GDP dyna...
From page 15-- 'Here I survey some of the most important conclusions of this literature. I shall beg...
n this paper we incorporate the term structure of interest rates in a standard inflation forecast ta...
Recent research has suggested that in deriving optimal policy under discretion, policymakers should ...
We make a case for the usefulness of an optimal control approach for the central banks’ choice of in...
We make a case for the usefulness of an optimal control approach for the central banks’ choice of in...
The objective of this paper is to evaluate the efficiency of inflation target regime in developing c...
The objective of this paper is to evaluate the efficiency of inflation target regime in developing c...
The objective of this paper is to evaluate the efficiency of inflation target regime in developing c...
This paper characterizes optimal monetary policy for a range of alternative economic models in terms...
This paper uses a structurally estimated macroeconometric model, denoted the MC model, to evaluate i...
This paper uses a structurally estimated macroeconometric model, denoted the MC model, to evaluate i...
This paper analyses an optimal monetary policy under a non-linear Phillips curve and linear GDP dyna...
This paper analyses an optimal monetary policy under a non-linear Phillips curve and linear GDP dyna...
This paper analyses an optimal monetary policy under a non-linear Phillips curve and linear GDP dyna...
This paper analyses an optimal monetary policy under a non-linear Phillips curve and linear GDP dyna...
From page 15-- 'Here I survey some of the most important conclusions of this literature. I shall beg...
n this paper we incorporate the term structure of interest rates in a standard inflation forecast ta...
Recent research has suggested that in deriving optimal policy under discretion, policymakers should ...