In Search of Successful Inflation Targeting : : Evidence From An Inflation Targeting Index / / Yanliang Miao
| In Search of Successful Inflation Targeting : : Evidence From An Inflation Targeting Index / / Yanliang Miao |
| Autore | Miao Yanliang |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
| Descrizione fisica | 35 p. : ill |
| Collana | IMF Working Papers |
| Soggetto topico |
Inflation targeting
Monetary policy Banks and Banking Inflation Money and Monetary Policy Public Finance Monetary Policy, Central Banking, and the Supply of Money and Credit: General Monetary Policy Central Banks and Their Policies Price Level Deflation Banks Depository Institutions Micro Finance Institutions Mortgages Taxation, Subsidies, and Revenue: General Macroeconomics Monetary economics Banking Public finance & taxation Disinflation Central bank autonomy Prices Central banks Institutional arrangements for revenue administration Revenue administration Banks and banking Revenue |
| ISBN |
1-4623-2247-6
1-4518-7295-X 1-282-84362-1 9786612843624 1-4519-9533-4 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Record Nr. | UNINA-9910788331403321 |
Miao Yanliang
|
||
| Washington, D.C. : , : International Monetary Fund, , 2009 | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
In Search of Successful Inflation Targeting : : Evidence From An Inflation Targeting Index / / Yanliang Miao
| In Search of Successful Inflation Targeting : : Evidence From An Inflation Targeting Index / / Yanliang Miao |
| Autore | Miao Yanliang |
| Edizione | [1st ed.] |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
| Descrizione fisica | 35 p. : ill |
| Disciplina | 338.102357 |
| Collana | IMF Working Papers |
| Soggetto topico |
Inflation targeting
Monetary policy Banking Banks and Banking Banks and banking Banks Central bank autonomy Central Banks and Their Policies Central banks Deflation Depository Institutions Disinflation Inflation Institutional arrangements for revenue administration Macroeconomics Micro Finance Institutions Monetary economics Monetary Policy Monetary Policy, Central Banking, and the Supply of Money and Credit: General Money and Monetary Policy Mortgages Price Level Prices Public finance & taxation Public Finance Revenue administration Revenue Taxation, Subsidies, and Revenue: General |
| ISBN |
9786612843624
9781462322473 1462322476 9781451872958 145187295X 9781282843622 1282843621 9781451995336 1451995334 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto | Intro -- Contents -- I. Introduction -- II. Literature Review and the Construction of an IT Index -- A. What Constitutes Inflation Targeting? -- B. A Framework for Constructing an IT Index -- III. Data and Econometric Analysis -- A. The Validity of the Subindices on Flexibility and Transparency -- B. Does IT Matter? Is There an Optimal Degree of Flexibility or Transparency? -- C. A Horse Race Between Different IT Components -- IV. Robutsness Checks -- A. Principal Component Analysis (PCA) -- B. Subsampling -- C. Endogeneity -- V. Avenues for Future Research and Reflections -- A. The Creditbility and Flexibility Trade-off -- B. Final Reflections -- VI. Appendices -- Tables -- 1. Flexibility of IT and Target Design -- 2. Formal Procedures for Target Breach and Escape Clauses -- 3. The Flexibility Index of Full-fledged ITers -- 4. The Transparency Index of Full-fledget ITers -- 5. Mean Inflation and Inflation Targeting Indices -- 6. Inflation Variation and Inflation Targeting Indices -- 7. Principal Components without Orthogonal Rotation -- 8. Principal Components and the Level and Variation of Inflation -- 9. Principal Components with Orthogonal Rotation -- 10. Correlations between the Rotated Factors and the Underlying Attributes -- 11. Rotated Principal Components and the Level and Variation of Inflation -- 12. Mean and Variation of Inflation: Subsampling -- 13. Mean and Variation of Inflation: Controlling for Disinflation -- 14. Instrument for Transparency and 2SLS Estimation -- Figures -- 1. Inflation and Tranparency for Selected ITers -- 2. Inflation and Flexibility for Selected ITers -- 3. Inflation Variation and Transparency for Selected ITers -- 4. Inflation Variation and Flexibility for Selected ITers -- 5. Scree Plot of Eigenvalues after PCA -- References. |
| Record Nr. | UNINA-9910970775803321 |
Miao Yanliang
|
||
| Washington, D.C. : , : International Monetary Fund, , 2009 | ||
| Lo trovi qui: Univ. Federico II | ||
| ||