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Browsing ECO Working Papers by Author "DEMERTZIS, Maria"
Now showing items 1-3 of 3
Title:Anchors for Inflation Expectations
Author(s):DEMERTZIS, Maria; MARCELLINO, Massimiliano; VIEGI, NicolaDate:2010Type of Publication:Working PaperSeries/Report no.: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 ...
Title:A Measure for Credibility: Tracking US Monetary Developments
Author(s):DEMERTZIS, Maria; MARCELLINO, Massimiliano; VIEGI, NicolaDate:2008Type of Publication:Working PaperSeries/Report no.:CEPR Discussion Papers; 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 ...
