Targeting inflation by forecast feedback rules in small open economies

DOI10.1016/J.JEDC.2004.03.007MaRDI QIDQ956509zbMATH OpenOpenAlexFDO

Authors Kai Leitemo

Publication date 25 November 2008

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL http://repec.org/sce2004/up.7796.1075469843.pdf

zbMATH Keywords

monetary policyinflation targetingsmall open economyfeedback rules

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Macroeconomic theory (monetary models, models of taxation) (91B64) Statistical methods; economic indices and measures (91B82)

Recommendations

• Targeting rules for an open economy
• Monetary policy rules for an open economy
• What to aim for? The choice of an inflation objective when openness matters
• Optimal horizons for inflation targeting
• Monetary Policy and Exchange Rate Volatility in a Small Open Economy

Cites work

• Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*
• Monetary Policy and Exchange Rate Volatility in a Small Open Economy
• Optimal Interest-Rate Smoothing
• Optimal horizons for inflation targeting
• Targeting inflation by forecast feedback rules in small open economies
• The Solution of Linear Difference Models under Rational Expectations
• Using the generalized Schur form to solve a multivariate linear rational expectations model

Cited in

(10)

• Monetary policy rules for an open economy
• Targeting inflation by forecast feedback rules in small open economies
• Econometric inflation targeting
• Inflation Dynamics in a Small Open Economy
• Robust inflation-forecast-based rules to shield against indeterminacy
• What to aim for? The choice of an inflation objective when openness matters
• Forecast uncertainty and the Bank of England’s interest rate decisions
• Monetary policy in a small open economy with high unemployment
• Optimal horizons for inflation targeting
• Economic Stability and the Choice of the Target Inflation Index

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