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Time: 5.00pm - 6.00pm
Venue: Room 5007, John Galsworthy building, Penrhyn Road campus, Penrhyn Road, Kingston upon Thames, Surrey KT1 2EE
All are welcome to the Economics department's Research Seminar Series 2018. This week we are joined by Eduardo F. Bastian, Institute of Economics, Federal University of Rio de Janeiro (IE-UFRJ).
'This paper develops a model of inflation in an open economy. The model permits analysis of the susceptibility of open economies to permanent inflationary consequences arising from transitory foreign exchange shocks. Sources of structural vulnerability to such events are identified, and means of addressing these structural vulnerabilities are discussed. Ultimately, the paper arrives at a "structuralist inflation targeting agenda". Based on a proper conception of inflation dynamics, this involves "getting inflation targeting right" rather than either accepting mainstream inflation targeting prescriptions or simply neglecting inflation altogether.'
For further information about this event:
Contact: Dr Shaikh Eskander
Directions to Room 5007, John Galsworthy building, Penrhyn Road campus, Penrhyn Road, Kingston upon Thames, Surrey KT1 2EE:
Dr Shaikh Eskander