Optimal Interest Rate Rules in Inflation Targeting Frameworks

2001 ◽  
Author(s):  
José A. Rodrigues Neto ◽  
Fabio Araujo ◽  
Marta B.J. Moreira
Keyword(s):  
Interest Rate ◽  
Inflation Targeting ◽  
Interest Rate Rules

scholarly journals Monetary Policy in the Post Keynesian Theoretical Framework

2017 ◽  
Vol 37 (1) ◽  
pp. 45-64
Author(s):  
FÁBIO HENRIQUE BITTES TERRA ◽  
PHILIP ARESTIS
Keyword(s):  
Monetary Policy ◽  
Interest Rate ◽  
Inflation Targeting ◽  
Debt Management ◽  
Policy Framework ◽  
Original Writings ◽  
Policy Model ◽  
Original Contribution ◽  
The Interest Rate ◽  
Monetary Policy Framework

ABSTRACT The purpose of this contribution is to develop a Post Keynesian monetary policy model, presenting its goals, tools, and channels. The original contribution this paper develops, following (Keynes’s 1936, 1945) proposals, is the use of debt management as an instrument of monetary policy, along with the interest rate and regulation. Moreover, this paper draws its monetary policy model by broadly and strongly relying on Keynes’s original writings. A monetary policy model erected upon this basis relates itself directly to the Post Keynesian efforts to offer a monetary policy framework substantially different from the Inflation Targeting Regime of the New Macroeconomic Consensus.

The interest rate–inflation relationship under an inflation targeting regime: The case of Turkey

2012 ◽  
Vol 23 (4) ◽  
pp. 476-485 ◽  
Author(s):  
Nezir Kose ◽  
Furkan Emirmahmutoglu ◽  
Sezgin Aksoy
Keyword(s):  
Interest Rate ◽  
Inflation Targeting ◽  
The Interest Rate
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