inflation expectations
Essays on Inflation Expectations, Heterogeneous Agents, and the Use of Approximated Solutions in the Estimation of DSGE models
... on inflation expectations in the estimation of one of the benchmark models for empirical analysis, namely the medium-size New Keynesian DSGE model developed by Smets and Wouters ...of expectations ...
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Essays in inflation expectations, monetary economics, and asset pricing
... the inflation expectations ...annual inflation in ...of inflation expectations in equation ...of inflation expectations in ...of inflation expectations and ...
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Exchange rate interventions and inflation expectations in an inflation targeting economy
... of inflation expectations may naturally depend on the economic environment in which they are ...of inflation expectations two years ...
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Inflation Targeting in Colombia, 2002-2012
... in inflation and output ...of inflation during monetary-driven ...anchors inflation expectations, and thus it should allow for less costly disinflation ...
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Rethinking Macro Blanchard
... of inflation expectations, plausibly due to clearer signals and behavior by central banks, played an important role in reducing the effects of these shocks on the ...
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The The role of inflation in creating the key policy rate – validation of Taylor's Rule in case of Serbia
... high inflation expectations, the National Bank of Serbia has chosen price stability as the primary objective of monetary policy and the key policy rate as the main instrument of monetary ...of ...
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Fiscal imbalances, inflation and sovereign default dynamics
... Even though the current framework can be extended in different directions, these have been left aside to simplify the exposition. For instance, it can be assumed that a fraction of the public debt is indexed. High ...
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A Markov-switching model of inflation: looking at the future during uncertain times
... low inflation regimes, analogously as it is done in the literature when considering contractions and expan- sions of the ...between inflation and its explanatory variables, to understand and characterize ...
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Inflation targeting y pass-through en Am ́erica Latina
... de inflation targeting fue lento en am´ erica latina, a veces no se llegaban a cumplir las metas, al principio los pa´ıses no usaron solo la tasa de inter´ es, tambi´ en contaron con el uso de agregados monetarios ...
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FOOD INFLATION IN BOLIVIA: ITS RELATIONSHIP WITH INTERNATIONAL PRICES AND POLICY RESPONSES Pablo Mendieta Ossio Martín Palmero Pantoja
... In the case of food’s behavior, they do have consequences on internal inflation. There are two channels: a direct effect via imports of final consumer goods, and indirectly through intermediate inputs for food ...
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Inflation Uncertainty in Chile: Asymmetries and the News Impact Curve
... analyzes inflation in Chile from 1934 to 2001, and presents evi- dence in favor of the Friedman hypothesis, which established that high levels of inflation increase inflation ...increase ...
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Sacrifice Ratios and Inflation Targeting: The Role of Credibility
... Turning to the regressions with interactions, we first analyze the role of IT. Of course, the marginal effect of IT is a function of velocity. We assess its statistical relevance in Figure 1. The top three panels report ...
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¿Un objetivo y un instrumento?, pasado, presente y futuro del inflation targeting
... for inflation, the target overnight rate con be expected to remain at its current level until the end of the second quarter of 2010 in order to achive the inflation target” que tras dicho anuncio, como se ...
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woodford 2012 inflation targeting and financial stability
... Still, one might reasonably ask, will there not be a conflict between the use of monetary policy to control risks to financial stability, and the use of it to maintain price stability and stable real activity? Yes, I think ...
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Mismatches between teachers' expectations and students' performances
... Even though the illustrations of overworking were instances of student behaviours not ordered by the teacher, Mark could have encouraged that behaviour indirectly because on occasions [r] ...
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Managing Global Brands To Meet Consumer Expectations
... Using a split-sample design, 75 respondents in each country rated three brands in each of three categories (e.g., Ford, Mercedes and Toyota for automobiles). A total of 20 attributes yi[r] ...
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Gender biased expectations of altruism in adolescents
... gender-biased expectations of altruistic behavior detected in this study make sense in light of social identity theory (Tajfel and Turner, 1979; Scheepers et ...gender-biased expectations of altruism ...
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On the Endogeneity of Inflation Targeting: Preferences Over Inflation
... past inflation, Central Bank independence, fiscal variables and ...high inflation and searching for credibility is more likely to implement ...past inflation and lower debt levels are more likely to ...
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Financial inclusion and inflation
... and inflation remained relevant to public policy making in Mexican case since recent developments showed an increased credit cards, debit cards, ATMs and ...
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Why Have so Many Disinflations Succeeded?
... the inflation peak (labeled period 0), ends at the trough (period T ), and requires that: (i) the peak be 30% or less; (ii) the inflation rate must drop by at least ...the inflation should fall 1/4 ...
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