Inflation targeting

  1. Unfunded fiscal shocks were not the main driver of Japan's inflation
    Analysis of how fiscal shocks influenced inflation in Japan over four decades, revealing demand and monetary factors rather than fiscal imbalances as primary drivers.
  2. Monetary policy effects and inflation expectations have shifted over time
    Machine learning analysis reveals strengthened monetary policy transmission but flattened Phillips curve dynamics, with regime-dependent behavior during post-pandemic inflation.
  3. Fiscal discipline shapes how central bank independence affects inflation volatility
    Explore how central bank independence and transparency affect inflation volatility in small open economies like Tunisia through game theory and empirical analysis.
  4. Inflation weakens the sovereign-bank doom loop
    Study examines how inflation and money supply influence the sovereign-bank relationship and the debt-lending feedback loop using quantile VAR analysis.
  5. Evaluating Central Bank Strategies in Curbing Inflation While Sustaining Growth
    Analysis of central bank strategies balancing inflation control with growth, examining policy instruments, trade-offs, and framework effectiveness across economies.
  6. Why Higher Trend Inflation Makes Monetary Policy More Costly in South Africa
    Fiscal DSGE analysis for South Africa showing higher trend inflation increases costs via price dispersion; lower trend inflation reduces these costs.