inflation targeting and macroeconomic performance

... B Inflation Targeting and Crises 22 Does inflation targeting deliver advantages over and above lower and more stable inflation, output, and inflation expectations? In particular, given that inflation ... and 2005 Annual Meeting TA discussion reports Notes: 1/ Turkey and Ukraine have announced that they will adopt inflation targeting in 2006 and 2007, respectively III INFLATION TARGETING AND MACROECONOMIC ... to Inflation Targeting, ” in Loayza, N and R Soto: Inflation Targeting: Design, Performance and Challenges,” Central Bank of Chile, Santiago, Chile Amato, Jeffery, and Stefan Gerlach, 2001, “Inflation...

Ngày tải lên: 24/10/2012, 09:27

... (such as inflation, output and exchange rate) for a small open economy is crucial in an inflation target regime in order to try to meet the inflation target In the current inflation targeting ... specifically the inflation targeting regime, and also a different method (calibration) to determine the preferences of the CRBP Results showed that the Peruvian monetary authority in the inflation targeting ... for inflation stabilization and for exchange rate depreciation and a lesser preference for the output gap In the same vein as Cecchetti and Krause (2001) and Cecchetti and Ehrmann (1999), Bejarano...

Ngày tải lên: 15/03/2014, 14:20

... literature see Sarno and Taylor (2001), Dominguez and Frankel (1993b), and Edison (1993) A detailed analysis and description of the portfolio effect can be found in Domínguez and Frenkel (1993a) ... Literature, XXXIX: 839-868 Schmidt-Hebbel, K And A Werner (2002), Inflation Targeting in Brazil, Chile, and Mexico: Performance, Credibility, and the Exchange Rate, Central Bank of Chile Working Papers, ... goal: the attainment of the annual inflation objective, and in the medium to long run, the gradual reduction of inflation This framework was maintained until 1997 and thereafter the monetary policy...

Ngày tải lên: 15/03/2014, 14:20

... trade-o¤s between in‡ ation and wages; and in‡ ation and output, and relationships between in‡ ation and zero-vintage relative price; in‡ ation and labor demand; and in‡ ation and price adjustment speed ... pricing 81 3.3a Real wage rate and long run 84 3.3b Real output and long run 3.3c Relative price q0 and long run 3.3d Labor demand and long run 3.3e Endogenous T and long run in‡ ation (Taylor ... neutrality of money in the long run Some important results are Fisher and Seater (1993), Gweke (1986), McCandless and Weber (1995), and King and Watson (1997) However, neo-Keynesian models with …xed adjustment...

Ngày tải lên: 10/09/2015, 15:51

... United States and legislators and regulators have been quick to respond to the latest corporate scandals Despite the debate among the academic and business presses, political parties and government, ... compensation and firm performance in a particular industry or across industries and across the three levels of managerial discretion Definitions and Key Terms The following definitions and terms ... Prices, Standard and Poor’s Compustat database, and each firm’s annual reports CEO total cash compensation (salary plus bonus), stock option grants and exercise prices, CEO age and tenure and CEO shareholdings...

Ngày tải lên: 11/09/2013, 11:44

... load, and making long-term projections 44 CHAPTER ■ MEASURING AND TUNING PERFORMANCE Analysis and General Guidelines Optimal performance of the MCMS installation depends on the Web server’s and ... 40 CHAPTER ■ MEASURING AND TUNING PERFORMANCE Performance Optimization Optimal performance is primarily based on the speed at which a page is served Testing performance, therefore, requires ... Examine page size and reduce the use CHAPTER ■ MEASURING AND TUNING PERFORMANCE 53 of graphics and placeholders to minimize latency for page turnaround Consider your site’s bandwidth requirements...

Ngày tải lên: 05/10/2013, 14:20

Ngày tải lên: 16/10/2013, 13:15

... triển làm tăng tính minh bạch, uy tín NHTW, nhiên, nhà kinh tế Fillion and Léonard (1997), Landarretche et al (1999), Leiderman and Bar-Or (2000) rằng, nước thực khuân khổ sách tiền tệ mối quan hệ...

Ngày tải lên: 22/10/2013, 09:15

... 1980-84, 1985-89, and 1990-94 OLS and random effects regressions include a constant term and dummies for East Asia, Latin America, Sub-Saharan Africa, socialist countries, OECD members, and oil exporters ... Guinea-B Italy Poland Mexico Ecuador Israel Paraguay Hungary Banglade Guatemal NorwayTrinidad ColombiaDominica JapanIceland Finland Uganda Sri Canada Costa Ri France United K Ireland Lank Philippi ... Growth: Hills, Plains, Mountains, Plateaus and Cliffs,” unpublished paper, World Bank, October 1997 Przeworski, Adam, and Fernando Limongi, “Political Regimes and Economic Growth,” The Journal of Economic...

Ngày tải lên: 09/12/2013, 20:15

... efficient and comprehensive way of improving performance of search and reducing the impact of indexing on the system Both search queries and data indexing are faster with Windows Search 4.0, and indexing ... computer’s performance Check Performance with Task Manager Task Manager provides information about applications and processes that are currently running on a computer, and also provides real-time performance ... effects, you can right click your desktop and click Personalize In the Personalize appearance and sounds window, click Windows Color and Appearance and chose a theme Make sure the Enable transparency...

Ngày tải lên: 17/12/2013, 13:15

... triển làm tăng tính minh bạch, uy tín NHTW, nhiên, nhà kinh tế Fillion and Léonard (1997), Landarretche et al (1999), Leiderman and Bar-Or (2000) rằng, nước thực khuân khổ sách tiền tệ mối quan hệ...

Ngày tải lên: 20/12/2013, 18:15

... 1977; and Harris and Raviv, 1990); corporate control issues (Harris and Raviv, 1988); and in particular, asymmetric information (Myers and Majluf, 1984; Myers, 1984) and taxation (DeAngelo and ... firm performance (Reese and Cool, 1978; Long and Ravenscraft, 1984; Abdel Shahid, 2003, among others) The stock market efficiency and other economic and political factors could affect a firm performance ... debt/total assets ↑↑ (2007) performance performance Margaritis and Leverage ↑↑ efficiency Psillaki (2010) Manawaduge, Leverage ↑↓ ROA and ↑↑ Zoysa and Tobin’s Q Chandrakumar a (2010) Source:...

Ngày tải lên: 26/12/2013, 15:19

Ngày tải lên: 24/01/2014, 11:20

... quality health and safety standards in early care and education ensured that children experienced healthier and safer lives and environments in child care and provided a valuable and nationally ... children and should be certified that they along with fireplaces and fireplace inserts, meet air emission standards Standard 5.5.0.6: Inaccessibility to Matches, Candles, and Lighters Adds candles ... Standard Precautions, hand hygiene, cough and sneeze etiquette, and reporting requirements; b) Childhood immunization requirements, recordkeeping, and at least quarterly review and RELATED STANDARDS:...

Ngày tải lên: 12/02/2014, 11:20

... Membrane targeting and pore formation by the T3SS (YopB) and pathogenic Escherichia spp (EspD) all carry two predicted TM regions, and are predicted to have a N-terminal coiled-coil region and, occasionally, ... SycD, PcrH and IpgC are shown in yellow, green and magenta, respectively The peptides located within the concave regions of PcrH and IpgC, corresponding to sections of the N-termini of PopD and IpaB, ... (PscG and PscE) and polymerizes to form the T3SS needle (B) The V antigen PcrV is released from its cytoplasmic partner (PscG) and forms the cap of the PscF needle (C) Translocator proteins PopB and...

Ngày tải lên: 14/02/2014, 22:20

... performed; the use of measurable performance standards and quality assurance surveillance plans to track performance against clear goals; and the use of positive and negative incentives to align ... Strategic Sourcing: Theory and Evidence from Economics and Business Management, Ellen M Pint and Laura H Baldwin, RAND Corporation, MR-865-AF, 1997 RAND PROJECT AIR FORCE RAND Project AIR FORCE (PAF), ... asked RAND to learn how commercial buyers and providers of facilities services (including operations and maintenance, custodial, groundskeeping, refuse and recycling) and food services apply performance- based...

Ngày tải lên: 18/02/2014, 17:20

... physical and innovative capital, leading to slower growth in sales and employment and shrinkage of the union sector (see Baldwin 1983; Grout 1984; Hirsch and Prasad 1995; and Addison and Chilton ... assessment of unions and performance is the framework popularized by Freeman and Medoff (1979, 1984), who contrast the "monopoly" and "collective voice" faces of unionism Standard economic analysis ... physical capital and research and development (R&D), and lower rates of employment and sales growth As long as unionized companies operate in a competitive environment, weak economic performance in...

Ngày tải lên: 21/02/2014, 00:20

... function of time and temperature is accessed Figures 1.5 and 1.6 show the evolution of the α- and 17 Results and Discussion mesomorphic phase for six cooling rates for iPP1 and iPP2, respectively ... nucleation and growth data presented in Table 1.1 and 1.2 The parameter set of iPP2 for the nucleation density N and growth rates Gα and Gm are already determined for the homopolymer and as such ... pressurized cooling at 150 bar and 0.1 ◦ C.s−1 and (c) dilatometer experiments at 300, 600, 900 and 1200 bar and 90 ◦ C.s−1 Conclusions 27 1.5 Conclusions The influence of pressure and cooling rate has...

Ngày tải lên: 22/02/2014, 09:20