Essays on Monetary Policy

Inflation targeting is a monetary policy framework in which central banks set an explicit inflation rate and announce it publicly. This has advantages and disadvantages, which will be described in the paper. The ability to reconcile predictability and expectations is one of the key benefits of inflation targeting. This means that...

Policymakers are always confronted with the difficulty of responding to disruptions in the economy's aggregate demand. They have a number of challenges in attempting to stabilize the applicable policies in the event of a disruption. One of these issues is the issue of delays or lags. Lags caused by monetary...

Debate over the Penny in the United States There is a debate over whether the penny should be eliminated in the United States. The debate is over many issues, including the cost of producing pennies, its value, and its impact on charitable donations. The following are some of the most important...

It is possible to describe the price of a good as the monetary value added by the company to a good or a service and also the money which a customer is prepared to pay to be served. The consumer may be either a goods buyer (B2B) or a finished...

True, in this pluralistic world we can't fully redefine the economy, but we can establish economic policies. Nevertheless, to ensure justice prevails, there needs to be a striking balance for all citizens. How else are the wealthy going to be taxed in this respect? More than a quarter of all government...