Since the recent financial crisis, inflation targeting has been considered as one of the
causes of the authorities' unresponsiveness to the buildup of financial instability. Related …

Предмет данного исследования—механизмы передачи системного риска между
финансовыми секторами разных стран. Цель работы состоит в определении …

We evaluate and compare alternative interest rate rules, namely, average inflation targeting
(AIT), price‐level targeting (PLT), and traditional inflation targeting rules, in a standard New …

Along with the rapid growth of technology, payment instruments are also changing.
Electronic money is slowly but surely replacing the role of paper money and coins. The …

Does raising an inflation target require increasing the nominal interest rate in the short run?
We answer this question using a standard New Keynesian model with rich backward …

The slope of the Phillips curve has been shown to be flatter in recent years, including in
Australia. How does this impact the optimal targeting window for a central bank conducting …

Abstract Chapter 1:(A Quantitative Analysis of Interest on Reserves and Reserve
Requirements)-I construct a medium scale DSGE model with financial frictions both on the …

The aim of the current research is to investigate the relationship between monetary policy
and Fisher's theory in Iran's economy using seasonal data during the period of 1370-1400 …

This paper derives the optimal monetary-policy rule in a simple model with anchored
inflation expectations and an effective lower bound (ELB) on interest rates, assuming a long …

Аннотация Вместе с бурным развитием технологий меняются и платежные средства.
Электронные деньги медленно, но верно замещают бумажные и монеты. Появление …