Economia
- Ler Os Outros: China’s Approach To Economic Development - Eswar Prasad
Um excelente texto sobre plano quinquenal da China em que destaco a passagem relacionada com o desafio de contenção da inflação: "The major short-term policy challenge is to bring inflation under control. Chinese policymakers are understandably...
- Regra De Taylor
Explicado por Janet Yellen “For example, the Taylor rule is Rt = RR* + πt + 0.5(πt -2) + 0.5Yt, where R denotes the federal funds rate, RR* is the estimated value of the equilibrium real rate, π is the current inflation rate (usually...
- Metas Da Inflação
Inflation Targeting Hits the WallMises Daily:Wednesday, February 01, 2012 by Antony P. MuellerThe financial-market crisis is not over but has grown into a vicious sovereign-debt crisis. Nevertheless, monetary policy makers of the major economies go on...
- Regras Da Política Monetária
Instrument rules, target rules, NGDP, complexity and learningAt one extreme you have pure discretion. The central bank does whatever it thinks is best. At the other extreme you have an instrument rule. The rule specifies exactly how the central bank...
- Óbvio E Nem Tão Óbvio Assim
Charles Plosser, Presidente do Federal Reserve Bank of Philadelphia explica o que Bernake (provavelmente) irá fazer: “If the growth rates of employment and output begin to accelerate or if inflation or inflation expectations begin to rise, then it...
Economia
Política monetária dos EU
THE ECONOMIST Monetary policy -General Ben's marching orders
Nov 10th 2011, 20:30 by G.I. | WASHINGTON
CHARLIE EVANS of the Chicago Fed has been pressing his colleagues to give employment more weight in monetary policy, arguing for example that even assigning higher weight to inflation, in a classic Taylor Rule, would permit a more aggressively easy policy now. Does Ben Bernanke agree? Judging from his remarks to troops today in Texas, it looks like he’s even more hawkish on employment than Mr Evans:
Mais
Supporting job creation is half of our marching orders, so to speak; the other half is controlling inflation," he said, adding that while high unemployment remains a challenge, he at least expects inflation to remain low for the "foreseeable future.So I make the coefficient on employment in Mr Bernanke’s Taylor Rule to be equal to that of inflation. That's interesting; Mr Evans’ argued that even if it was just a quarter of that of inflation, more QE was justified.
Mais
loading...
- Ler Os Outros: China’s Approach To Economic Development - Eswar Prasad
Um excelente texto sobre plano quinquenal da China em que destaco a passagem relacionada com o desafio de contenção da inflação: "The major short-term policy challenge is to bring inflation under control. Chinese policymakers are understandably...
- Regra De Taylor
Explicado por Janet Yellen “For example, the Taylor rule is Rt = RR* + πt + 0.5(πt -2) + 0.5Yt, where R denotes the federal funds rate, RR* is the estimated value of the equilibrium real rate, π is the current inflation rate (usually...
- Metas Da Inflação
Inflation Targeting Hits the WallMises Daily:Wednesday, February 01, 2012 by Antony P. MuellerThe financial-market crisis is not over but has grown into a vicious sovereign-debt crisis. Nevertheless, monetary policy makers of the major economies go on...
- Regras Da Política Monetária
Instrument rules, target rules, NGDP, complexity and learningAt one extreme you have pure discretion. The central bank does whatever it thinks is best. At the other extreme you have an instrument rule. The rule specifies exactly how the central bank...
- Óbvio E Nem Tão Óbvio Assim
Charles Plosser, Presidente do Federal Reserve Bank of Philadelphia explica o que Bernake (provavelmente) irá fazer: “If the growth rates of employment and output begin to accelerate or if inflation or inflation expectations begin to rise, then it...