Performance of monetary policy with internal central bank forecasting
Article Abstract:
A study of differences in forecasting of interest rates by central bank and private financial institutions is presented and the effect thereof on monetary policies and economies are analyzed. It is observed that the method of forecasting interest rates adopted by the central bank cannot meet the expectations of the private agents and consequently causes economic instability.
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2005
United Kingdom, Finland, Government expenditures, Economic policy, Economic conditions, Central banks
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2005
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Targeting inflation by forecast feedback rules in small open economies
Article Abstract:
The impact of inflation targeting on the monetary policy of a small open economy is analyzed.
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2006
Norway, Economic aspects, Open economy, Inflation targeting
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2006
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Subjects list: Analysis, Forecasts and trends, Interest rates, Market trend/market analysis, Monetary policy
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