Inflation Persistence Before and After Inflation Targeting: A Fractional Integration Approach

2014 ◽  
Author(s):  
Giorgio Canarella ◽  
Stephen M. Miller
Keyword(s):  
Inflation Targeting ◽  
Fractional Integration ◽  
Inflation Persistence ◽  
Integration Approach ◽  
Before And After

On the persistence of prices in Mexico: a fractional integration approach

2017 ◽  
Vol 49 (60) ◽  
pp. 6014-6023
Author(s):  
Daniel Ventosa-Santaulària ◽  
Manuel Gómez-Zaldívar ◽  
Pedro Chávez
Keyword(s):  
Fractional Integration ◽  
Integration Approach

Scandinavia Within and Without Europe

2020 ◽  
pp. 182-200
Author(s):  
Bo Stråth
Keyword(s):  
Cold War ◽  
European Integration ◽  
League Of Nations ◽  
Napoleonic Wars ◽  
Refugee Crisis ◽  
Integration Approach ◽  
Before And After ◽  
The Cold War ◽  
The Eu

This chapter outlines changing relationships between Scandinavia and Europe. The Scandinavian ‘isolationist’ approach to Europe after the Napoleonic wars shifted to more active integrationist policies in the 1920s, with the arrival of left governments and the acceptance of the League of Nations; a new isolationist trend (‘neutrality’) set in after 1933. Against the backdrop of this long-term pattern, the focus is on shifting Scandinavian attitudes to the project of European integration and on attempts to be both within and outside Europe. Before and after the Danish entry into the EU in 1973, tensions between different approaches and between the countries concerned have been evident. The Cold War was a major factor, and its end reinforced the pro-integration approach. More recently, problems with the euro and the refugee crisis have provoked more ambiguous responses, but less so in Finland than in the Scandinavian countries.

scholarly journals Inflation Targeting and Inflation Persistence

2015 ◽  
Vol 3 (1) ◽  
pp. 3-17 ◽  
Author(s):  
George J. Bratsiotis ◽  
Jakob Madsen ◽  
Christopher Martin
Keyword(s):  
Inflation Targeting ◽  
Inflation Persistence

scholarly journals Monetary Policy Before and After the Financial Crisis and Its Economic and Legislative Impacts – Case of The Czech Republic

2019 ◽  
Author(s):  
Liběna Černohorská ◽  
Jana Janderová ◽  
Veronika Procházková
Keyword(s):  
Monetary Policy ◽  
Czech Republic ◽  
Financial Crisis ◽  
Interest Rates ◽  
Foreign Exchange ◽  
Inflation Targeting ◽  
Constitutional Court ◽  
The Czech Republic ◽  
Before And After ◽  
National Economies

The article analyses monetary policy response to the world financial crisis and focuses more closely on the monetary policy of the Czech National Bank (CNB) at this time. Until 2007, the implementation of monetary policy in OECD countries was perceived very positively. However, the financial crisis has clearly shown that the world’s financial markets are highly interconnected, and this can have a major impact on individual national economies. Therefore, the monetary policy strategy has changed from a policy based on the so-called flexible inflation targeting. Ensuring price stability is emphasised as part of the monetary policy role of the CNB in the provisions of Article 98 of the Constitution, in the Czech Republic. CNB is perceived as one of the most independent central banks, the contituional dimension of its independence being confirmed by case law of the Czech Constitutional Court. In response to the financial crisis, CNB was forced to pursue unconventional monetary policy in the form of foreign exchange interventions between 2013 and 2017. However, during the time period of these interventions, CNB policy did not lead to achievement of the inflation target. Following the completion of foreign exchange interventions, CNB returned to conventional monetary policy through interest rates.

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