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Displaying results 1 to 4 of 4.

  1. The monetary policy of the South African Reserve Bank
    stance, communication and credibility
    Author: Coco, Alberto; Viegi, Nicola
    Published: June 2020
    Publisher:  Economic Research and Statistics Department, South African Reserve Bank, Pretoria

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    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 655
    Inter-library loan:
    No inter-library loan
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: South African Reserve Bank working paper series ; WP, 20, 06
    Subjects: Inflation Targeting; Taylor rule; Natural Language Processing; Inflation Expectations; South Africa
    Scope: 1 Online-Ressource (circa 34 Seiten), Illustrationen
  2. Inflation persistence in Uganda
    evidence before & after the introduction of the inflation targeting regime
    Author: Okello, Apaa Jimmy; Opolot, Jacob
    Published: June 2020
    Publisher:  Bank of Uganda, [Kampala]

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    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper series / Bank of Uganda ; no. 2020, 14
    Subjects: Inflation persistence; Inflation Targeting; Uganda
    Scope: 1 Online-Ressource (circa 21 Seiten), Illustrationen
  3. Did the Federal Reserve break the Phillips curve?
    theory and evidence of anchoring inflation expectations
    Author: Bundick, Brent; Smith, Andrew Lee
    Published: 2020
    Publisher:  Federal Research Bank of Kansas City, Kansas City, Mo.

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    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 359
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    Series: KcFED research working papers ; RWP 20, 11 (September 2020)
    Subjects: Monetary Policy; Inflation; Inflation Targeting; Central Bank Communication; Structural Breaks; Phillips Curve
    Scope: 1 Online-Ressource (circa 41 Seiten), Illustrationen
  4. The impact of inflation targeting on inflation and growth: how robust is the evidence?
    Author: Junankar, Pramod N.; Wong, Chun Yee
    Published: May 2020
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    This paper evaluates the success of Inflation Targeting on inflation and growth on a large panel data set of both developing and developed countries. Earlier studies have found contradictory results depending on the methodology used, different... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 4
    Inter-library loan:
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    This paper evaluates the success of Inflation Targeting on inflation and growth on a large panel data set of both developing and developed countries. Earlier studies have found contradictory results depending on the methodology used, different authors have used different estimation methods on different samples of data. Some of the differences in results may also be due to the different time periods (or different frequencies of data) used in the estimation. In this paper, we provide evidence to show that the support for a successful Inflation Targeting policy is very weak or non-existent. We use various estimation methods on panel data on a large sample of countries. We note that the results depend critically on the sample selected, the method of estimation employed, and the procedure used to control for outliers. Section 2 of the paper outlines the process by which inflation targeting is hypothesised to influence inflation and growth, Section 3 surveys this literature, and Section 4 describes the data and provides descriptive statistics comparing the performance of Inflation Targeting countries and non-Inflation Targeting countries, Section 5 uses panel estimation methods including GMM techniques on different samples of data and demonstrates the fragile nature of the results. Section 6 provides the conclusions that suggest that IT policy does not necessarily help to reduce inflation and certainly does not stimulate economic growth.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/223726
    Series: Discussion paper series / IZA ; no. 13284
    Subjects: Inflation Targeting; inflation; growth
    Scope: 1 Online-Ressource (circa 28 Seiten)