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Monetary policy and underlying inflation pressures: the essence of monetary policy design

In: Measurement of inflation and the Philippine monetary policy framework

Author

Listed:
  • Atchana Waiquamdee

    (Bank of Thailand)

  • Pranee Sutthasri

    (Bank of Thailand)

  • Surach Tanboon

    (Bank of Thailand)

Abstract

No abstract is available for this item.

Suggested Citation

  • Atchana Waiquamdee & Pranee Sutthasri & Surach Tanboon, 2010. "Monetary policy and underlying inflation pressures: the essence of monetary policy design," BIS Papers chapters, in: Bank for International Settlements (ed.), Measurement of inflation and the Philippine monetary policy framework, volume 49, pages 347-367, Bank for International Settlements.
    • Handle: RePEc:bis:bisbpc:49-20
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    File URL: http://www.bis.org/publ/bppdf/bispap49u.pdf
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    References listed on IDEAS

    as
    1. Aoki, Kosuke, 2001. "Optimal monetary policy responses to relative-price changes," Journal of Monetary Economics, Elsevier, vol. 48(1), pages 55-80, August.
    2. Quah, Danny & Vahey, Shaun P, 1995. "Measuring Core Inflation?," Economic Journal, Royal Economic Society, vol. 105(432), pages 1130-1144, September.
    3. Michael Woodford, 2001. "The Taylor Rule and Optimal Monetary Policy," American Economic Review, American Economic Association, vol. 91(2), pages 232-237, May.
    4. Michael F. Bryan & Stephen G. Cecchetti & Roisin O'Sullivan, 2002. "Asset Prices in the Measurement of Inflation," NBER Working Papers 8700, National Bureau of Economic Research, Inc.
    5. Sbordone, Argia M., 2002. "Prices and unit labor costs: a new test of price stickiness," Journal of Monetary Economics, Elsevier, vol. 49(2), pages 265-292, March.
    6. Ivan Roberts, 2005. "Underlying Inflation: Concepts, Measurement and Performance," RBA Research Discussion Papers rdp2005-05, Reserve Bank of Australia.
    7. Erceg, Christopher J. & Henderson, Dale W. & Levin, Andrew T., 2000. "Optimal monetary policy with staggered wage and price contracts," Journal of Monetary Economics, Elsevier, vol. 46(2), pages 281-313, October.
    8. Benigno, Pierpaolo, 2004. "Optimal monetary policy in a currency area," Journal of International Economics, Elsevier, vol. 63(2), pages 293-320, July.
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