Browsing Economic and Management Sciences by Author "Eijffinger, Sylvester"

Browsing Economic and Management Sciences by Author "Eijffinger, Sylvester"

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  • Eijffinger, Sylvester; Schaling, Eric; Verhagen, Willem (University of Johannesburg, 2007-04)
    A stylised fact of monetary policymaking is that central banks do not immediately respond to new information but seem instead to prefer to wait until sufficient ‘evidence’ to warrant a change has accumulated. However, ...
  • Schaling, Eric; Verhagen, Willem; Eijffinger, Sylvester (Juta, 2009-06)
    This paper examines the implications of the expectations theory of the term structure of interest rates for the implementation of inflation targeting. We show that the responsiveness of the central bank's instrument to the ...