scholarly journals Expected inflation and the sacrifice ratio

2019 ◽  
Vol 22 (3) ◽  
pp. 307-322 ◽  
Author(s):  
Joseph P. Daniels ◽  
Sandeep Mazumder ◽  
David D. VanHoose
Keyword(s):  
Sacrifice Ratio ◽  
Expected Inflation ◽  
The Sacrifice

scholarly journals How Costly is the Deliberate Disinflation in India? Estimating the Sacrifice Ratio

2016 ◽  
Vol 15 (1) ◽  
pp. 27-44 ◽  
Author(s):  
Ravindra H. Dholakia ◽  
Kadiyala Sri Virinchi
Keyword(s):  
Sacrifice Ratio ◽  
The Sacrifice

Openness, Imported Commodities and the Sacrifice Ratio

2012 ◽  
Vol 12 (1) ◽  
Author(s):  
Andrew Pickering ◽  
Héctor A. Valle
Keyword(s):  
Sacrifice Ratio ◽  
The Sacrifice

scholarly journals An Insight Regarding Economic Growth and Monetary Policy in Romania

2015 ◽  
Vol 62 (s1) ◽  
pp. 85-95 ◽  
Author(s):  
Valentina Mera ◽  
Monica Pop Silaghi
Keyword(s):  
Economic Growth ◽  
Monetary Policy ◽  
Interest Rate ◽  
Sacrifice Ratio ◽  
National Bank ◽  
Potential Gdp ◽  
The Interest Rate ◽  
The Cost ◽  
The Impact ◽  
The Sacrifice

Abstract This study introduces some aspects regarding the link between monetary policy and economic growth, through a rule well known in the literature which is named Taylor’s rule and through the concept of sacrifice ratio which encompasses the impact of the cost of disinflation on the economic growth of a country. In this paper, we rely on estimates of the growth of potential GDP of the National Bank of Romania for the period 2003-2006 while for the period 2007-2012 we rely on the estimates reported by the International Monetary Fund. Thus, we carry a deterministic exercise for computing the interest rate on the period 2003-2012 as depicted from the Taylor’s rule and we compare it with the effective monetary policy interest rate used by the National Bank of Romania. In the same time, we calculate the sacrifice ratio for the period 1997-2013 so as to be able to form an opinion regarding the cost of disinflation and its comparison with the typical estimates for larger time spans and for other countries.

Monetary policy transparency, inflation and the sacrifice ratio

2002 ◽  
Vol 7 (2) ◽  
pp. 141-155 ◽  
Author(s):  
Georgios Chortareas ◽  
David Stasavage ◽  
Gabriel Sterne
Keyword(s):  
Monetary Policy ◽  
Sacrifice Ratio ◽  
The Sacrifice ◽  
Monetary Policy Transparency

scholarly journals Trade Openness, Capital Mobility, and the Sacrifice Ratio

2008 ◽  
Vol 20 (4) ◽  
pp. 473-487 ◽  
Author(s):  
Joseph P. Daniels ◽  
David D. VanHoose
Keyword(s):  
Capital Mobility ◽  
Trade Openness ◽  
Sacrifice Ratio ◽  
The Sacrifice
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