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Stabilizing Inflation in Iceland

Stabilizing Inflation in Iceland »

Source: Stabilizing Inflation in Iceland

Volume/Issue: 2006/262

Series: IMF Working Papers

Author(s): Keiko Honjo , and Benjamin Hunt

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2006

ISBN: 9781451865226

Keywords: Efficient policy frontier, monetary policy rules, inflation-output variability tradeoff, policy coordination, central bank, aggregate demand, inflation targeting,

This paper provides some empirical estimates on how tightly is it feasible to control inflation in a very small open economy such as Iceland. Estimated macroeconomic models of Canada, Iceland, New Zealand, the Unit...

Flattening of the Phillips Curve

Flattening of the Phillips Curve »

Source: Flattening of the Phillips Curve : Implications for Monetary Policy

Volume/Issue: 2007/76

Series: IMF Working Papers

Author(s): Dora Iakova

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2007

ISBN: 9781451866407

Keywords: Phillips curve, efficient monetary policy rules, real interest rate, monetary policy rules, inflation targeting, Prices, Business Fluctuations, and Cycles: Forecasting and Simulation, Money and Interest Rates: Forecasting and Simulation,

Over the past decade, inflation has become less responsive to domestic demand pressures in many industrial countries. This development has been attributed, in part, to globalization forces. A small macroeconomic mo...

Stabilizing Inflation in Iceland

Stabilizing Inflation in Iceland »

Volume/Issue: 2006/262

Series: IMF Working Papers

Author(s): Keiko Honjo , and Benjamin Hunt

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2006

DOI: http://dx.doi.org/10.5089/9781451865226.001

ISBN: 9781451865226

Keywords: Efficient policy frontier, monetary policy rules, inflation-output variability tradeoff, policy coordination, central bank, aggregate demand, inflation targeting,

This paper provides some empirical estimates on how tightly is it feasible to control inflation in a very small open economy such as Iceland. Estimated macroeconomic models of Canada, Iceland, New Zealand, the Unit...

Flattening of the Phillips Curve
			: Implications for Monetary Policy

Flattening of the Phillips Curve : Implications for Monetary Policy »

Volume/Issue: 2007/76

Series: IMF Working Papers

Author(s): Dora Iakova

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2007

DOI: http://dx.doi.org/10.5089/9781451866407.001

ISBN: 9781451866407

Keywords: Phillips curve, efficient monetary policy rules, real interest rate, monetary policy rules, inflation targeting, Prices, Business Fluctuations, and Cycles: Forecasting and Simulation, Money and Interest Rates: Forecasting and Simulation,

Over the past decade, inflation has become less responsive to domestic demand pressures in many industrial countries. This development has been attributed, in part, to globalization forces. A small macroeconomic mo...