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Inflation Targeting and Communication : It Pays off to Read Inflation Reports.
Annotation
| Clasificación: | Libro Electrónico |
|---|---|
| Autores principales: | , , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington :
International Monetary Fund,
Oct. 2008.
|
| Colección: | IMF Working Papers.
|
| Temas: | |
| Acceso en línea: | Texto completo |
MARC
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| 020 | |z 9781451870923 | ||
| 020 | |z 1451870922 |q (Trade Paper) | ||
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| 100 | 1 | |a Smdkov, Katerina, |e author. | |
| 245 | 1 | 0 | |a Inflation Targeting and Communication : |b It Pays off to Read Inflation Reports. |
| 260 | |a Washington : |b International Monetary Fund, |c Oct. 2008. | ||
| 300 | |a 1 online resource (16 pages) | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a IMF Working Papers | |
| 520 | 8 | |a Annotation |b Inflation-targeting central banks have a respectable track record at explaining their policy actions and corresponding inflation outturns. Using a simple forward-looking policy rule and an assessment of inflation reports, we provide a new methodology for the empirical evaluation of consistency in central bank communication. We find that the three communication tools-inflation targets, inflation forecasts, and verbal assessments of inflation factors contained in quarterly inflation reports-provided a consistent message in five out of six observations in our 2000-05 sample of Chile, the Czech Republic, Hungary, Poland, Thailand, and Sweden. | |
| 505 | 0 | |a I. Why Inflation Targeting?; Figures; 1. Inflation and Its Determinants, 2000-05; II. Inflation Targeting and Communication; A. Central Bank Communication and Inflation Forecasts; B. The Public; 2. Inflation Forecasts, Policymaking, and Communication Under Conditional; III. Methodology and Sample Selection; 3. The Public's Scrutiny of Central Bank Communication; A. Methodology; B. Sample Selection and Data; IV. Empirical Findings; Tables; 1. Inflation Targeters: Sample Characteristics; A. Summary of Results; 2. Breakdown of Communication Results, Sample Average, 2000-05. | |
| 505 | 8 | |a 3. Clarity of Communication, Sample Averages, 2000-05B. "The Central Bank that Cried Wolf"; 4. Clarity of Communication, Individual Countries, 2000-05; 4. Monetary Policy Communication: 2000-05; C. Robustness Checks; 5. Clarity of Communication: Robustness Checks; V. Conclusions: Is the Glass Half Empty or Half Full?; 5. Clarity of Communication, the 2-Year Forecast Horizon, 2000-05; References; Annex. | |
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Inflation (Finance) |x Forecasting |x Econometric models. | |
| 650 | 0 | |a Monetary policy |x Econometric models. | |
| 650 | 0 | |a Banks and banking, Central |x Econometric models. | |
| 650 | 6 | |a Inflation |x Prévision |x Modèles économétriques. | |
| 650 | 6 | |a Politique monétaire |x Modèles économétriques. | |
| 650 | 6 | |a Banques centrales |x Modèles économétriques. | |
| 650 | 7 | |a Banks and banking, Central |x Econometric models |2 fast | |
| 650 | 7 | |a Inflation (Finance) |x Forecasting |x Econometric models |2 fast | |
| 650 | 7 | |a Monetary policy |x Econometric models |2 fast | |
| 700 | 1 | |a Kotln, Viktor, |e author. | |
| 700 | 1 | |a Navrtil, David, |e author. | |
| 776 | 0 | 8 | |i Print version: |a Smídková, Katerina. |t Inflation Targeting and Communication: It Pays Off to Read Inflation Reports. |d Washington : International Monetary Fund, ©2008 |z 9781451870923 |
| 830 | 0 | |a IMF Working Papers. | |
| 856 | 4 | 0 | |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=1608034 |z Texto completo |
| 938 | |a EBL - Ebook Library |b EBLB |n EBL1608034 | ||
| 938 | |a YBP Library Services |b YANK |n 11617787 | ||
| 994 | |a 92 |b IZTAP | ||