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Three Essays On The Variance Of Inflation Expectations And Macroeconomic Stability


Three Essays On The Variance Of Inflation Expectations And Macroeconomic Stability
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Three Essays On The Variance Of Inflation Expectations And Macroeconomic Stability


Three Essays On The Variance Of Inflation Expectations And Macroeconomic Stability
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Author : George William Evans (Ph. D.)
language : en
Publisher:
Release Date : 1980

Three Essays On The Variance Of Inflation Expectations And Macroeconomic Stability written by George William Evans (Ph. D.) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1980 with categories.




Individual Forecasting And Aggregate Outcomes


Individual Forecasting And Aggregate Outcomes
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Author : Roman Frydman
language : en
Publisher: Cambridge University Press
Release Date : 1986-10-02

Individual Forecasting And Aggregate Outcomes written by Roman Frydman and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986-10-02 with Business & Economics categories.


The papers in this volume provide a complex view of market processes.



Inflation In Emerging And Developing Economies


Inflation In Emerging And Developing Economies
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Author : Jongrim Ha
language : en
Publisher: World Bank Publications
Release Date : 2019-02-24

Inflation In Emerging And Developing Economies written by Jongrim Ha and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-02-24 with Business & Economics categories.


This is the first comprehensive study in the context of EMDEs that covers, in one consistent framework, the evolution and global and domestic drivers of inflation, the role of expectations, exchange rate pass-through and policy implications. In addition, the report analyzes inflation and monetary policy related challenges in LICs. The report documents three major findings: In First, EMDE disinflation over the past four decades was to a significant degree a result of favorable external developments, pointing to the risk of rising EMDE inflation if global inflation were to increase. In particular, the decline in EMDE inflation has been supported by broad-based global disinflation amid rapid international trade and financial integration and the disruption caused by the global financial crisis. While domestic factors continue to be the main drivers of short-term movements in EMDE inflation, the role of global factors has risen by one-half between the 1970s and the 2000s. On average, global shocks, especially oil price swings and global demand shocks have accounted for more than one-quarter of domestic inflation variatio--and more in countries with stronger global linkages and greater reliance on commodity imports. In LICs, global food and energy price shocks accounted for another 12 percent of core inflation variatio--half more than in advanced economies and one-fifth more than in non-LIC EMDEs. Second, inflation expectations continue to be less well-anchored in EMDEs than in advanced economies, although a move to inflation targeting and better fiscal frameworks has helped strengthen monetary policy credibility. Lower monetary policy credibility and exchange rate flexibility have also been associated with higher pass-through of exchange rate shocks into domestic inflation in the event of global shocks, which have accounted for half of EMDE exchange rate variation. Third, in part because of poorly anchored inflation expectations, the transmission of global commodity price shocks to domestic LIC inflation (combined with unintended consequences of other government policies) can have material implications for poverty: the global food price spikes in 2010-11 tipped roughly 8 million people into poverty.



Dissertation Abstracts International


Dissertation Abstracts International
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Author :
language : en
Publisher:
Release Date : 2009-11

Dissertation Abstracts International written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-11 with Dissertations, Academic categories.




Background Studies For The Ecb S Evaluation Of Its Monetary Policy Strategy


Background Studies For The Ecb S Evaluation Of Its Monetary Policy Strategy
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Author : Otmar Issing
language : en
Publisher:
Release Date : 2003

Background Studies For The Ecb S Evaluation Of Its Monetary Policy Strategy written by Otmar Issing and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Business & Economics categories.




America History And Life


America History And Life
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Author :
language : en
Publisher:
Release Date : 1981

America History And Life written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981 with Canada categories.




Comprehensive Dissertation Index Business Economics L Z


Comprehensive Dissertation Index Business Economics L Z
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Author :
language : en
Publisher:
Release Date : 1984

Comprehensive Dissertation Index Business Economics L Z written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with Dissertations, Academic categories.




Why Inflation Targeting


Why Inflation Targeting
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Author : Charles Freedman
language : en
Publisher: International Monetary Fund
Release Date : 2009-04-01

Why Inflation Targeting written by Charles Freedman and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-04-01 with Business & Economics categories.


This is the second chapter of a forthcoming monograph entitled "On Implementing Full-Fledged Inflation-Targeting Regimes: Saying What You Do and Doing What You Say." We begin by discussing the costs of inflation, including their role in generating boom-bust cycles. Following a general discussion of the need for a nominal anchor, we describe a specific type of monetary anchor, the inflation-targeting regime, and its two key intellectual roots-the absence of long-run trade-offs and the time-inconsistency problem. We conclude by providing a brief introduction to the way in which inflation targeting works.



Three Essays In International Finance


Three Essays In International Finance
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Author : Jian Wang
language : en
Publisher:
Release Date : 2006

Three Essays In International Finance written by Jian Wang and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.




Macroeconomic Instability And Coordination


Macroeconomic Instability And Coordination
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Author : Axel Leijonhufvud
language : en
Publisher: Edward Elgar Publishing
Release Date : 2000

Macroeconomic Instability And Coordination written by Axel Leijonhufvud and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Business & Economics categories.


Axel Leijonhufvud has made a unique contribution to the development of macroeconomic theory. This volume draws together his insightful essays dealing with the extremes of economic instability: great depressions, high inflation and the transition from socialism to a market economy. In several of the papers, Leijonhufvud brings a neo-institutionalist perspective to the problems of coordination in economic systems. The papers within Macroeconomic Instability and Coordination some of them already considered classics, deal with the questions that dominated Leijonhufvud's interest throughout his career as an economist: what are the limits to an economy's capacity to coordinate the activities of its members? How does the behavior of the system change under extreme conditions? In what ways does its performance depend upon the institutions that govern the market process?