Skip to main navigation Skip to main content
info(at)avldigital.remove-this.de
Deutsch English
Last searches

Results for *

Displaying results 1 to 15 of 15.

  1. House price expectations and inflation expectations
    evidence from survey data
    Author: Dhamija, Vedanta; Nunes, Ricardo; Tara, Roshni
    Published: 16th July 2023
    Publisher:  [London School of Economics and Political Science], [London, UK]

    Access:
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: [CFM discussion paper series] ; [CFM-DP 2023, 18]
    Subjects: Salience; Inflation Expectations; House Price Expectations; MonetaryPolicy
    Scope: 1 Online-Ressource (circa 50 Seiten)
  2. Identifying money and inflation expectation shocks on real oil prices
    Author: Benk, Szilárd; Gillman, Max
    Published: 15 June 2023
    Publisher:  Bank of Finland, Helsinki

    The paper adds money supply and inflation expectations shocks to a well-known three-variable structural model that identifies oil price shocks through fundamentals affecting the oil market. Impulse responses show the significance of our two... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 685
    Inter-library loan:
    No inter-library loan

     

    The paper adds money supply and inflation expectations shocks to a well-known three-variable structural model that identifies oil price shocks through fundamentals affecting the oil market. Impulse responses show the significance of our two additional monetary shocks in impacting real oil prices. By subtracting from the money supply the temporary Federal Reserve swaps that were used to increase liquidity during the 2008 and 2020 bank crises, shocks upwards in both the adjusted M1 money supply and to inflation expectations significantly increase real oil prices; with the unadjusted M1 aggregate there is no signiÖcant effect of money supply shocks on real oil prices. Decomposition of historical oil price shocks shows a significant role played by inflation expectations and the money supply shocks during major oil shock episodes. These shocks partially replace roles previously attributed to the precautionary oil demand shock and the aggregate demand shock during the three major oil shock periods of the 1970s-1980s, post-2008 and during the 2020-2021 pandemic. The results show that both real oil price shocks and expected inflation shocks cause real GDP to fall.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789523234420
    Other identifier:
    hdl: 10419/273074
    Series: Bank of Finland research discussion papers ; 2023, 10
    Subjects: Real Oil Price Shocks; SVAR; Money Supply; Inflation Expectations
    Scope: 1 Online-Ressource (circa 43 Seiten), Illustrationen
  3. Extracting firms' short-term inflation expectations from the economy watchers survey using text analysis
    Author: Nakajima, Jouchi; Yamagata, Hiroaki; Okuda, Tatsushi; Katsuki, Shinnosuke; Shinohara, Takeshi
    Published: [2021]
    Publisher:  Bank of Japan, Tokyo, Japan

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    Keine Rechte
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Bank of Japan working paper series ; no. 21, E-12 (October 2021)
    Subjects: Inflation Expectations; Machine Learning; Text Analysis; Big Data
    Scope: 1 Online-Ressource (circa 23 Seiten), Illustrationen
  4. The swaps strike back
    evaluating expectations of one-year inflation
    Author: Diercks, Anthony M.; Campbell, Colin; Sharpe, Steven A.; Soques, Daniel
    Published: September 2023
    Publisher:  Divisions of Research & Statistics and Monetary Affairs, Federal Reserve Board, Washington, D.C.

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 412
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    Series: Finance and economics discussion series ; 2023, 061
    Subjects: Inflation Expectations; Inflation Swaps; Surveys; Forecasting
    Scope: 1 Online-Ressource (circa 43 Seiten), Illustrationen
  5. Imperfect knowledge, inflation expectations, and monetary policy
    Author: Orphanides, Athanasios; Williams, John C.
    Published: 2003
    Publisher:  Univ.-Bibliothek Frankfurt am Main, Frankfurt am Main

    Export to reference management software   RIS file
      BibTeX file
  6. Rational bias in inflation expectations
    Author: Murphy, Robert G.; Rohde, Adam
    Published: 2014
    Publisher:  Boston College, Dept. of Economics, Chestnut Hill, Mass.

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working papers in economics ; 857
    Subjects: Inflation Expectations; Core Inflation; Food and Energy Prices; Anchored Expectations
    Scope: Online-Ressource (25 S.), graph. Darst.
  7. Contracts and firms' inflation expectations
    Author: Kumar, Saten; Wesselbaum, Dennis
    Published: [2021]
    Publisher:  Australian National University, Crawford School of Public Policy, Centre for Applied Macroeconomic Analysis, Canberra

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VSP 1716
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Edition: Revised draft: 12 September 2021
    Series: CAMA working paper ; 2021, 85 (October 2021)
    Subjects: Contracts; Inflation Expectations; Survey
    Scope: 1 Online-Ressource (circa 54 Seiten), Illustrationen
  8. An empirical assessment of the U.S. Phillips curve over time
    Author: Vlekke, Marente; Koopman, Siem Jan; Mellens, Martin C.
    Published: [2021]
    Publisher:  Tinbergen Institute, Amsterdam, The Netherlands

    We assess the stability of the unemployment gap parameter using linear dynamic Phillips curve models for the United States. In this study, we allow the unemployment gap parameter to be time-varying such that we can monitor the importance of the... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 432
    Inter-library loan:
    No inter-library loan

     

    We assess the stability of the unemployment gap parameter using linear dynamic Phillips curve models for the United States. In this study, we allow the unemployment gap parameter to be time-varying such that we can monitor the importance of the Phillips curve over time. We consider different specifications and different measures for inflation. Furthermore, we include stochastic volatility for the observation errors. Our estimation results are based on practical Bayesian state space methods which include feasible testing and diagnostic checking procedures. A key finding is that the Phillips curve for U.S. headline inflation has remained empirically relevant over the years.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/248783
    Series: Array ; TI 2021, 099
    Subjects: Phillips curve; Inflation; Inflation Expectations; State space methods; Bayesian Gibbs sampling
    Scope: 1 Online-Ressource (circa 52 Seiten), Illustrationen
  9. Considerations on the monetary policy framework of the European Central Bank
    Author: Tosato, Andrea Giorgio
    Published: [2022]
    Publisher:  Central Bank of Malta, [Valletta]

    This working paper offers some considerations on the monetary policy framework of the European Central Bank. The trade-offs arising from adopting a point target configuration over a range target one are assessed in terms of their flexibility vs.... more

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 684
    Inter-library loan:
    No inter-library loan

     

    This working paper offers some considerations on the monetary policy framework of the European Central Bank. The trade-offs arising from adopting a point target configuration over a range target one are assessed in terms of their flexibility vs. inflation anchoring properties. This layout is then confronted with the policy framework in use in the euro area prior to the adoption of the new monetary strategy, which is interpreted as leaning on the side of flexibility. The increased likelihood of dis-anchoring of long-term inflation expectations experienced in the euro area since 2013, however, suggests that the policy framework could benefit from a rebalancing towards a formulation with stronger anchoring properties. The inflation aim of the ECB could thus be reformulated with the introduction of a symmetric 2%-point target. By evaluating this arrangement in terms of the price stability definition, two regions emerge where either the policy aim (symmetric 2%-point target) or the price stability definition (between 0% and 2%) are satisfied, but not both. To avoid any inconsistency in the policy framework, an inflation aim centred at 2% requires an amendment of the price stability definition.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/268293
    Series: Working papers / Central Bank of Malta ; WP/2022, 01
    Subjects: Inflation Targeting; European Central Bank; Inflation Expectations; Price Stability
    Scope: 1 Online-Ressource (circa 55 Seiten), Illustrationen
  10. Qualitative and quantitative Central Bank communications and professional forecasts: Evidence from India
    Author: Goyal, Ashima; Parab, Prashant Mehul
    Published: April 2021
    Publisher:  Indira Gandhi Institute of Development Research, Mumbai

    Access:
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    Nicht speichern
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: [WP series / Indira Gandhi Institute of Development Research] ; WP-2021, 014
    Subjects: Inflation Expectations; Survey of Professional Forecasters; Central BankCommunications; Text Analysis
    Scope: 1 Online-Ressource (circa 50 Seiten), Illustrationen
  11. Inflation expectations: rationality, disagreement and the role of the loss function in Colombia
    Author: Rincón-Torres, Andrey Duván; Salas-Ávila, Andrés Felipe; Julio-Román, Juan Manuel
    Published: [2023]
    Publisher:  Banco de la Republica Colombia, Bogotá, Colombia

    Access:
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 468
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 20.500.12134/10748
    Series: Borradores de economía ; no. 1262 (2023)
    Subjects: Inflation Expectations; expectation disagreement; near unit root; weak andstrong rationality; non symmetric loss function
    Scope: 1 Online-Ressource (circa 74 Seiten), Illustrationen
  12. How optimal was U.S. monetary policy at the zero lower bound?
    Author: Bundick, Brent; Hotz, Logan; Smith, Andrew Lee
    Published: [2023]
    Publisher:  Federal Research Bank of Kansas City, Kansas City, Mo.

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 359
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    Series: KcFED research working papers ; RWP 23, 14 (December 2023)
    Subjects: Monetary Policy; Inflation Expectations; Zero Lower Bound; Forward Guidance; Asset Purchases
    Scope: 1 Online-Ressource (circa 30 Seiten), Illustrationen
  13. Household disagreement about expected inflation
    Author: Fofana, Salomé; Patzelt, Paula; Reis, Ricardo
    Published: 30 March 2024
    Publisher:  Centre for Economic Policy Research, London

    Access:
    Verlag (Deutschlandweit zugänglich)
    Verlag (Deutschlandweit zugänglich)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Inter-library loan:
    No inter-library loan

    Location:
    Bibliotheks-und Informationssystem der Carl von Ossietzky Universität Oldenburg (BIS)
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Array ; DP18956
    Subjects: Inflation Expectations; Dispersion of Beliefs; Survey Data
    Scope: 1 Online-Ressource (circa 31 Seiten), Illustrationen
  14. Optimal disinflation with delegation and limited credibility
    Author: Duggal, Mridula; Rojas, Luis E.
    Published: [2023]
    Publisher:  BSE, Barcelona School of Economics, [Barcelona]

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 541
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: BSE working paper ; 1401 (July 2023)
    Subjects: Disinflation; Credibility; Inflation; Inflation Expectations
    Scope: 1 Online-Ressource (circa 20 Seiten), Illustrationen
  15. Household disagreement about expected inflation
    Author: Fofana, Salomé; Patzelt, Paula; Reis, Ricardo
    Published: March
    Publisher:  [London School of Economics and Political Science], [London, UK]

    Access:
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: [CFM discussion paper series] ; [CFM-DP 2024, 18]
    Subjects: Inflation Expectations; Dispersion of Beliefs; Survey Data
    Scope: 1 Online-Ressource (circa 28 Seiten), Illustrationen