Zobrazeno 1 - 10
of 143
pro vyhledávání: '"Douglas Laxton"'
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
SSRN Electronic Journal.
Adoption of inflation targeting by the Bank of Korea (BOK) in 1998 contributed to low and stable inflation. However, after the global financial crisis (GFC) monetary policy faced more challenging conditions. Inflation slipped below the target range i
Publikováno v:
Oxford Scholarship
A model in which monetary policy pursues fully fledged inflation targeting is adapted to Ghana. Model features include: endogenous policy credibility; non-linearities in the inflation process; and a policy loss function that aims to minimize the vari
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::828a5ce1e905292584f1e592d0411752
https://doi.org/10.1093/oso/9780198785811.003.0019
https://doi.org/10.1093/oso/9780198785811.003.0019
Autor:
Ali Alichi, Rania Al-Mashat, Hayk Avetisyan, Jaromír Beneš, Olivier Bizimana, Aram Butavyan, Robert Ford, Narek Ghazaryan, Vahagn Grigoryan, Mane Harutyunyan, Anahit Hovhannisyan, Edgar Hovhannisyan, Hayk Karapetyan, Mariam Kharaishvili, Douglas Laxton, Akaki Liqokeli, Karolina Matikyan, Gevorg Minasyan, Shalva Mkhatrishvili, Armen Nurbekyan, Andrei Orlov, Babken Pashinyan, Garik Petrosyan, Yekaterina Rezepina, Aleksandr Shirkhanyan, Tamta Sopromadze, Lusine Torosyan, Erik Vardanyan, Hou Wang
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
SSRN Electronic Journal.
Autor:
G.V. Nadhanael, Douglas Laxton, Pratik Mitra, Joice John, Asish Thomas George, Ondra Kamenik, Jaromir Benes, Fan Zhang, Kevin Clinton, Hou Wang
Publikováno v:
SSRN Electronic Journal.
India formally adopted flexible inflation targeting (FIT) in June 2016 to place price stability, defined in terms of a target CPI inflation, as the primary objective of monetary policy. In this context, the paper draws on Indian macroeconomic develop
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
SSRN Electronic Journal.
This paper describes the CNB’s experience implementing an inflation-forecast targeting (IFT) regime, and the building of a system for providing the economic information that policymakers need to implement IFT. The CNB’s experience has been very s
Autor:
Ondra Kamenik, Kevin Clinton, Joice John, Fan Zhang, Asish Thomas George, Pratik Mitra, G.V. Nadhanael, Jaromir Benes, Rafael Portillo, Douglas Laxton, Hou Wang, Pranav Gupta
Publikováno v:
SSRN Electronic Journal.
This paper outlines the key features of the production version of the quarterly projection model (QPM), which is a forward-looking open-economy gap model, calibrated to represent the Indian case, for generating forecasts and risk assessment as well a
Publikováno v:
Journal of Macroeconomics. 39:1-23
For thirty years, prominent voices have advocated a policy of starving the beast – cutting taxes to force government spending cuts. This paper analyzes the macroeconomic and welfare consequences of this policy using a two-country general equilibriu