What are some alternative policy frameworks that have been proposed as replacements for or supplements to inflation targeting with contractionary monetary policy?

... policy. Impulse response of unemployment rates for high and low-skill workers show low-skill workers bear a greater burden of contractionary monetary policy ... Fiscal policy that increases aggregate demand directly through an increase in government spending is typically called expansionary or “loose.” By contrast, ... And what is the policy stance of the world as a whole? The tracker highlights significant global trends in monetary policy. For example, central banks around ... Jun 17, 2020 ... If the BSP perceives the inflation forecast to exceed the target, then it implements contractionary monetary policy to bring down inflation to ... In conclusion, contractionary monetary policy causes interest rates to rise because it decreases the money supply, making loans more expensive and leading ... Nov 27, 2023 ... this year at 2.7% of GDP, so European fiscal policy is not offsetting the contractionary impacts of fiscal policy. Second, the euro area is ... Jul 2, 2020 ... A direct benefit of contractionary monetary policy is that it strengthens government budgets. For example, when the Fed's discount rate ... ... contractionary policy in the recovery that has followed. If matters continue that way, fiscal policy may lose its utility as a means of sparking economic growth ... Aug 17, 2022 ... “Contractionary monetary policy runs the risk of quietly worsening racial and gender gaps with or without a widespread recession.” Inflation on ... Jan 16, 2015 ... Working Paper No. 521. By Benjamin Nelson, Gabor Pinter and Konstantinos Theodoridis ... To explain this 'waterbed' effect, we propose a standard ...