A Dynamic Approach to Inflation Targeting in Transition Economies

Monetary Models and Inflation Targeting in Emerging Market Economies

Inflation Targeting, Learning and Q Volatility in Small Open Economies

This paper examines the welfare implications of managing asset-price with consumer-price inflation targeting by monetary authorities who have to learn the laws of motion for both inflation rates. The central bank can reduce the volatility of consumption as well as improve welfare more effectively if it adopts state-contingent Taylor rules aimed at inflation and Qgrowth targets in this learning ...

Asymmetric Behavior of Inflation in Iran: New Evidence on Inflation Persistence Using a Smooth Transition Model

T his paper investigates the asymmetric behavior of inflation. We use logistic smooth transition autoregressive (LSTAR) model to characterize the regime-switching behavior of Iran’s monthly inflation during the period May 1990 to December 2013. We find that there is a triple relationship between the inflation level, its fluctuations and persistence. The findings imply that the behavi...

a frame semantic approach to the study of translating cultural scripts in salingers franny and zooey

the frame semantic theory is a nascent approach in the area of translation studies which goes beyond the linguistic barriers and helps us to incorporate cognitive and cultural factors to the study of translation. based on rojos analytical model (2002b), which centered in the frames or knowledge structures activated in the text, the present research explores the various translation problems that...

A dynamic approach to forest regimes in developing economies

In the developing economies, optimal forest regimes should incorporate the socio-economic characteristics of the user groups. And, since socio-economic factors will change with time, optimal forest regimes will also follow a dynamic path. The two most important socio-economic factors are the heterogeneity of the user group with respect to forest management and the direct dependence of the user ...