Evaluation of the Fulfilment of the CNB's Inflation Targets 1998-2007

Juraj Antal, Zuzana Antonicova, Jan Babecký, Michal Hlaváček, Tomas Holub, Roman Horvath, Jaromir Hurnik, Ondra Kamenik, Karel Musil, Jiri Podpiera, Luboš Růžička, Michal Skořepa (), Katerina Smidkova and Jan Vlcek

in Occasional Publications - Edited Volumes from Czech National Bank, Research and Statistics Department

Abstract: Original versions of the included papers were written by an extensive team of authors for the meeting of the Bank Board with experts. The aim of this meeting was to assess the ten-year experience with inflation targeting and to contribute to its improvements in the forthcoming years. Following the above mentioned internal discussion, the papers were redrafted and then reviewed by three renowned experts in the Czech monetary policy. Publication of the volume represents part of the Czech National Bank's efforts to achieve the maximum transparency of the monetary policy.

Date: 2008
ISBN: 978-80-87225-11-0
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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https://www.cnb.cz/export/sites/cnb/en/economic-re ... argets_1998-2007.pdf (application/pdf)
https://www.cnb.cz/en/economic-research/research-p ... n-inflation-targets/ (text/html)

Chapters in this book:

Ch 1 Evaluation of the Fulfilment of the CNB's Inflation Targets , pp 10-17

Katerina Smidkova

Ch 2 Basic Characteristics of Inflation Targeting in the Czech Republic , pp 18-34

Juraj Antal, Michal Hlaváček and Tomas Holub

Ch 3 A Simple, Model-Independent Analysis of Reasons for Non-Fulfillment of the Declared Inflation Target , pp 35-46

Michal Skořepa

Ch 4 Causes of Deviations of Inflation from CNB Targets: An Empirical Analysis , pp 47-56

Tomas Holub

Ch 5 Prediction Bias and Undershooting of the Inflation Target , pp 57-76

Juraj Antal, Michal Hlaváček and Roman Horvath

Ch 6 Inflation Forecasts Errors in the Czech Republic: Evidence from a Panel of Institutions , pp 77-85

Jan Babecký and Jiri Podpiera

Ch 7 Evaluation of the Quality and Success Rate of Forecasts: A Historic Overview , pp 86-101

Zuzana Antonicova, Karel Musil, Luboš Růžička and Jan Vlcek

Ch 8 The History of Inflation Targeting in the Czech Republic through Optic of a Dynamic General Equilibrium Model , pp 102-116

Jaromir Hurnik, Ondra Kamenik and Jan Vlcek

Ch 9 Asymmetric Monetary Policy in the Czech Republic? , pp 117-130

Roman Horvath

Ch 10 Reasons of Undershooting the Inflation Target in the Czech Republic: The Role of Inflation Expectations , pp 131-142

Roman Horvath

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Persistent link: https://EconPapers.repec.org/RePEc:cnb:ocpubv:01

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