Die folgenden Links führen aus den jeweiligen lokalen Bibliotheken zum Volltext:
Alternativ können Sie versuchen, selbst über Ihren lokalen Bibliothekskatalog auf das gewünschte Dokument zuzugreifen.
Bei Zugriffsproblemen kontaktieren Sie uns gern.
SSRN
By the end of the Great Moderation, over two dozen central banks were formal inflation targeters, and others, such as the Federal Reserve, the European Central Bank, and the Swiss National Bank behaved essentially as inflation targeters even though they were resistant to identifying themselves as such. However, the past three years have seen central banks faced with new challenges, and these have raised questions about the future of inflation targeting as a framework for the conduct of monetary policy. I consider three suggested modifications to this policy framework: incorporating additional goals among a central bank's objectives; raising the average target for inflation; and switching to price level targeting.
BASE
The use of data to inform and run political campaigning has become an inescapable trend in recent years. In attempting to persuade an electorate, micro-targeted campaigns (MTCs) have been employed to great effect through the use of tailored messaging and selective targeting. Here we investigate the capacity of MTCs to deal with the diversity of political preferences across an electorate. More precisely, via an Agent-Based Model we simulate various diverse electorates that encompass single issue, multiple issue, swing, and disengaged voters (among others, including combinations thereof) and determine the relative persuasive efficacy of MTCs when pitted against more traditional, population-targeting campaigns. Taking into account the perceived credibility of these campaigns, we find MTCs highly capable of handling greater voter complexity than shown in previous work, and yielding further advantages beyond traditional campaigns in their capacity to avoid inefficient (or even backfiring) interactions – even when fielding a low credibility candidate.
BASE
Various papers have suggested that Price-Level targeting is a welfare improving policy relative to Inflation targeting. From a practical standpoint, this raises an important yet unanswered question: What is the optimal price index to target? This paper derives the optimal price level targeting index defined over the eight main components of the Consumer Price Index. It finds that such an index places a heavier weight, relative to the expenditure weight, on sectors with slow price adjustments. However, using the expenditure weights instead of the optimal ones results in very small welfare cost.
BASE
In: https://www.bankofalbania.org/Publications/Research/Conference_books_series/Preconditions_for_Inflation_Targeting_in_Albania.html
SSRN
SSRN
There is a large empirical literature on policy measures targeted at children but surprisingly very little theoretical foundation to ground the debate on the optimality of the different instruments. In the present paper, we examine the merit of targeting children through two general policies, namely selective commodity taxation and cash transfer to family with children. We consider a household that comprises an adult and a child. The household behavior is described by the maximization of the adult's utility function, which depends on the child's welfare, subject to a budget constraint. The relative effects of a price subsidy and of a cash benefit on child welfare are then derived. In particular, it is shown that 'favorable' distortions from the price subsidies may allow to redistribute toward the child. The framework is extended to account for possible paternalistic preferences of the State. Finally, it is shown that, in contrast to the traditional view, well-chosen subsidies can be more cost effective than cash transfers in alleviating child poverty.
BASE
In: Social science quarterly, Band 68, Heft Sep 87
ISSN: 0038-4941
Notes that state and local governments in the US are heavily dependent on intergovernmental aid. Introduces a series of papers addressing problems of targetting and intergovernmental relations. (PAS)
In: Comparative strategy, Band 2, Heft 3, S. 223-237
ISSN: 0149-5933
World Affairs Online
SSRN
In: IMF Working Papers v.Working Paper No. 09/236
In: IMF working paper WP/09/236
This paper provides an overview of inflation targeting frameworks and macroeconomic performance under inflation targeting. Inflation targeting frameworks are generally quite similar across countries, and a broad consensus has developed in favor of ""flexible"" inflation targeting. The evidence shows that, although inflation target ranges are missed frequently in most countries, the inflation and growth performance under inflation targeting compares very favorably with performance under alternative frameworks. Inflation targeters also tentatively appear to be coping better with the commodity pr
In: Aerospace power journal: apj ; the professional journal of the United States Air Force, Band 13, Heft 4, S. 33-47
ISSN: 1535-4245
In: IZA Discussion Paper No. 10968
SSRN
SSRN
In: Journal of development economics, Band 161, S. 1-9
ISSN: 0304-3878
World Affairs Online