Autore	Freedman Charles
Edizione	[1st ed.]
Pubbl/distr/stampa	Washington, D.C. : , : International Monetary Fund, , 2009
Descrizione fisica	1 online resource (27 p.)
Disciplina	332.152
Altri autori (Persone)	LaxtonDouglas
Collana	IMF Working Papers
Soggetto topico	Inflation (Finance) Anti-inflationary policies Foreign Exchange Inflation Money and Monetary Policy Economic Theory Production and Operations Management Prices, Business Fluctuations, and Cycles: General (includes Measurement and Data) Price Level Deflation Central Banks and Their Policies Monetary Policy Macroeconomics: Production Agriculture: Aggregate Supply and Demand Analysis Prices Macroeconomics Monetary economics Currency Foreign exchange Economic theory & philosophy Inflation targeting Conventional peg Output gap Supply shocks Monetary policy Production Economic theory Supply and demand
ISBN	1-4623-4972-2 1-4527-2989-1 1-4518-7233-X 1-282-84306-0 9786612843068
Formato	Materiale a stampa
Livello bibliografico	Monografia
Lingua di pubblicazione	eng
Nota di contenuto	Contents; I. Introduction; II. Cost of Inflation and Boom-Bust Cycles; A. What Are the Costs of High Inflation?; B. Policy Credibility and Boom-Bust Cycles; Figures; 1. United Kingdom Inflation, Unemployment and Policy Credibility; III. Need for A Nominal Anchor; Tables; 1. Inflation Targeting Adoption Dates; IV. What is Inflation Targeting?; V. Two Key Intellectual Roots of Inflation Targeting; A. Absence of Long-Run Trade-Offs; Box 2.1; 1. Six Principles of Inflation Targeting; 2. Output-Inflation Tradeoffs in the Short Run and Long Run 3. IRFs for a Positive Demand Shock Under Good and Bad Monetary Policy4. IRFs for a Positive Supply Shock Under Good and Bad Monetary Policy; 2. Reduced-Form Inflation Equations Under Good and Bad Monetary Policy; B. The Time-Inconsistency Problem; 5. Taylor Output-Inflation Efficiency Frontiers; VI. How Does IT Work?; References
Record Nr.	UNINA-9910812022103321

Autore	Krichene Noureddine
Pubbl/distr/stampa	Washington, D.C. : , : International Monetary Fund, , 2006
Descrizione fisica	1 online resource (27 p.)
Collana	IMF Working Papers
Soggetto topico	Petroleum products - Prices Foreign exchange rates Interest rates Monetary policy Investments: Energy Inflation Macroeconomics Economic Theory Energy: Demand and Supply Prices Energy: General Price Level Deflation Agriculture: Aggregate Supply and Demand Analysis Investment & securities Economic theory & philosophy Oil prices Oil Price elasticity Supply shocks Petroleum industry and trade Supply and demand
ISBN	1-4623-3568-3 1-4527-1281-6 1-283-51466-4 1-4519-0858-X 9786613827111
Formato	Materiale a stampa
Livello bibliografico	Monografia
Lingua di pubblicazione	eng
Nota di contenuto	""Content""; ""I. INTRODUCTION""; ""II. OIL PRICE VOLATILITY""; ""III. THE DEMAND AND SUPPLY OF CRUDE OIL""; ""IV. ROLE OF MONETARY POLICY IN THE OIL MARKETS""; ""V. SOLUTION OF THE SEM""; ""VI. CONCLUSIONS""; ""APPENDIX""; ""REFERENCES""
Record Nr.	UNINA-9910788701303321

Autore	Cihak Martin
Pubbl/distr/stampa	Washington, D.C. : , : International Monetary Fund, , 2008
Descrizione fisica	1 online resource (36 p.)
Disciplina	332.11094
Altri autori (Persone)	SmídkováKaterina BulirAles
Collana	IMF Working Papers IMF working paper
Soggetto topico	Banks and banking, Central - Europe - Econometric models Communication - Europe - Econometric models Monetary policy - Europe - Econometric models Banks and Banking Inflation Money and Monetary Policy Public Finance Forecasting Taxation, Subsidies, and Revenue: General Price Level Deflation Monetary Policy Forecasting and Other Model Applications Interest Rates: Determination, Term Structure, and Effects Public finance & taxation Macroeconomics Monetary economics Economic Forecasting Banking Communications in revenue administration Inflation targeting Economic forecasting Central bank policy rate Revenue Prices Monetary policy Interest rates
ISBN	1-4623-9110-9 1-4527-1476-2 1-4518-7110-4 1-282-84203-X 9786612842030
Formato	Materiale a stampa
Livello bibliografico	Monografia
Lingua di pubblicazione	eng
Nota di contenuto	Contents; I. Introduction; II. Motivation and Literature Overview; A. Communicating Clearly; B. Literature on Monetary Policy Communication; III. Methodology and Data; A. Methodology ("Central Bank Watching for Dummies"); Tables; 1. Slope Coefficient in a Regression of Actual and Forecasted Policy Rate Changes; Figures; 1. Correlation of Actual and Forecasted Policy Rate Changes; 2. GARCH Estimate of the Policy Rule for the ECB; 3. Parameterization Overview; B. Data; 2. Euro Area: Actual Inflation, Inflation Targets, and Inflation Expectations 4. Inflation Factors and Their Serial Correlation5. Comparison with the KOF MPC Index; C. ECB Watching; 3. ECB Bulletins: Inflation Factors; 4. ECB: Central Bank Watching; IV. Results; A. Press Statements Only; B. Monthly Bulletins: Shock Descriptions; 5. Press Statements Only; C. Monthly Bulletins: Shock Descriptions and Forecast Risk Assessment; 6. ECB Bulletin, Shock Description, but No Forecast Risk Assessment; D. Monthly Bulletins: Adding Monetary Pillar Information; 7. ECB Bulletin, All Shocks; E. Summary Discussion: When Could the Public Get Confused?; 8. Monetary Pillar 9. Confusing Communication: Robustness ChecksF. Comparison with Other Studies; V. Conclusions; References
Record Nr.	UNINA-9910788342603321

Autore	Batini Nicoletta
Pubbl/distr/stampa	Washington, D.C. : , : International Monetary Fund, , 2009
Descrizione fisica	1 online resource (34 p.)
Altri autori (Persone)	TereanuEugen
Collana	IMF Working Papers
Soggetto topico	Petroleum products - Prices Inflation (Finance) Banks and Banking Investments: Energy Inflation Macroeconomics Money and Monetary Policy Price Level Deflation Energy: Demand and Supply Prices Energy: General Monetary Policy Banks Depository Institutions Micro Finance Institutions Mortgages Investment & securities Monetary economics Banking Oil prices Oil Inflation targeting Petroleum industry and trade Monetary policy Banks and banking
ISBN	1-4623-9512-0 1-4527-1778-8 9786612843167 1-4518-7248-8 1-282-84316-8
Formato	Materiale a stampa
Livello bibliografico	Monografia
Lingua di pubblicazione	eng
Nota di contenuto	Contents; I. Introduction; Tables; 1. Oil Price Developments; II. Relevant Literature; III. Methodology, Data and Calibration; IV. Optimal Policy Responses and Optimal Horizons to a 2000s-Type Supply Shock; A. Optimal Policy Responses under a 2000s-Type Oil Shock; 2. Welfare Statistics-Various Oil Regimes; B. Optimal Horizons for a 2000s-Type Oil Shock; 3. Optimal Policy Horizons Under Alternative Oil Regimes; 4. Optimal Policy Horizons Under Alternative Oil Regimes (α = 0.3); V. Optimal Rules Under Imperfect Credibility; 5. Optimal Feedback Horizons Under Alternative Oil Regimes VI. Bracing for Future ShocksVII. Concluding Remarks and Policy Implimentations; 6. Optimized Feedback Coefficients Under Three Alternative Future Oil Scenarios; References
Record Nr.	UNINA-9910788348703321