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1.
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Since the work of Doepke and Schneider (2006a) and Meh and Terajima (2008), we know that inflation causes major redistribution of wealth – between households and the gove[...]
2008 | Text | Staff Working Paper - Document de travail du personnel |
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2.
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Inflation-targeting central banks around the world often state their inflation objectives with regard to the consumer price index (CPI). Yet the literature on optimal mon[...]
2010 | Text | Staff Working Paper - Document de travail du personnel |
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3.
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This paper reviews the existing theoretical and empirical literature addressing the benefits of low inflation. The ultimate goal is to arrive at a set of benefits in whic[...]
1998 | Text | Staff Working Paper - Document de travail du personnel |
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4.
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This paper surveys the empirical literature on the benefits of low inflation, emphasizing contributions since 1990. It follows the framework of a section in the Bank's 19[...]
1998 | Text | Technical Report - Rapport technique |
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5.
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Inflation distorts an economy through many channels. This paper highlights the interaction between inflation and capital gains tax and how they distort an economy through[...]
1999 | Text | Staff Working Paper - Document de travail du personnel |
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6.
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This paper studies the interdependence between fiscal and monetary policies, and their joint role in the determination of the price level. The government is characterized[...]
2007 | Text | Staff Working Paper - Document de travail du personnel |
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7.
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This paper surveys recent developments in the theoretical and empirical literature on the economic implications of uncertainty about the longer-term outlook for inflation[...]
2001 | Text | Staff Working Paper - Document de travail du personnel |
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8.
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The long-run relation between growth and inflation has not yet been studied in the context of nominal price and wage rigidities, despite the fact that these rigidities no[...]
2012 | Text | Staff Working Paper - Document de travail du personnel |
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9.
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There is currently a policy debate on potential refinements to monetary policy regimes in countries with low and stable inflation such as the U.S. and Canada. For example[...]
2008 | Text | Staff Working Paper - Document de travail du personnel |
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10.
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This paper empirically investigates the possibility that the effects of shocks to output depend on the level of inflation. The analysis extends Elwood's (1998) framework [...]
2001 | Text | Staff Working Paper - Document de travail du personnel |
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