Zobrazeno 1 - 5
of 5
pro vyhledávání: '"Ondrej Kamenik"'
Publikováno v:
Journal of the Japanese and International Economies. 24:140-177
We use a version of the Global Projection Model covering the United States, Euro area and Japan to assess options for dealing with the looming risk of international deflation. The zero floor to interest rates constrains monetary policy. Confidence in
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::63176e7c8cb41155472c387307ceed63
https://doi.org/10.1016/j.jjie.2009.12.007
https://doi.org/10.1016/j.jjie.2009.12.007
Autor:
Ondrej Kamenik
Publikováno v:
Computational Economics. 25:167-187
This paper presents a new numerical algorithm for solving the Sylvester equation involved in higher-order perturbation methods developed for solving stochastic dynamic general equilibrium models. The new algorithm surpasses other methods used so far
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::f5d0d5af0d52497f5622078c30f5e8ab
https://doi.org/10.1007/s10614-005-6280-y
https://doi.org/10.1007/s10614-005-6280-y
A model in which monetary policy pursues full-fledged inflation targeting adapts well 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_dedup___::062b818f1d5540806e9d4ece0b3b576b
http://www.imf.org/external/pubs/cat/longres.aspx?sk=23574
http://www.imf.org/external/pubs/cat/longres.aspx?sk=23574
One of the pioneers of inflation targeting (IT), the Bank of Canada is now considering a possibility of switching to price-level-path targeting (PLPT), where past deviations of inflation from the target would have to be offset in the future, bringing
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::d2e26dcd2046439645b5b31d88578379
http://www.imf.org/external/pubs/cat/longres.aspx?sk=21635
http://www.imf.org/external/pubs/cat/longres.aspx?sk=21635
Autor:
Juraj Antal, Zuzana Antonicova, Michal Hlavacek, Tomas Holub, Roman Horvath, Jaromir Hurnik, Ondrej Kamenik, Karel Musil, Lubos Ruzicka, Jal Vlcek
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::41f56a6543c31dd9cb7c9e343ee05260
http://www.cnb.cz/en/research/research_publications/erb/download/ERB_No1_2009.pdf
http://www.cnb.cz/en/research/research_publications/erb/download/ERB_No1_2009.pdf