Browsing ECO Working Papers by Author "DEMERTZIS, Maria"
Now showing items 1-3 of 3
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Title:Anchors for Inflation Expectations Author(s):DEMERTZIS, Maria; MARCELLINO, Massimiliano; VIEGI, NicolaDate:2010Type:Working PaperSeries/Number:EUI ECO; 2010/10Abstract:We identify credible monetary policy with first, a disconnect between inflation and inflation expectations and second, the anchoring of the latter at the inflation target announced by the monetary authorities. We test ...
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Title:A Measure for Credibility: Tracking US Monetary Developments Author(s):DEMERTZIS, Maria; MARCELLINO, Massimiliano; VIEGI, NicolaDate:2008Type:Working PaperSeries/Number:EUI ECO; 2008/38Abstract:Our objective is to identify a way of checking empirically the extent to which expectations are de-coupled from inflation, how well they might be anchored in the long run, and at what level. This methodology allows us then ...
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Title:A Measure for Credibility: Tracking US Monetary Developments Author(s):DEMERTZIS, Maria; MARCELLINO, Massimiliano; VIEGI, NicolaDate:2008Type:Working PaperSeries/Number:CEPR Discussion Paper; 2008/7036Abstract:Our objective is to identify a way of checking empirically the extent to which expectations are de-coupled from inflation, how well they might be anchored in the long run, and at what level. This methodology allows us then ...