 | Designing a Simple Loss Function for Central Banks : Does a Dual Mandate Make Sense? Author/Editor: Davide Debortoli, Jinill Kim, Jesper Lindé, Ricardo C Nunes. Release Date:July, 2017 Yes, it makes a lot of sense. This paper studies how to design simple loss functions for central
banks, as parsimonious approximations to social welfare. We show, both analytically and
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| Impact of Demographic Changes on Inflation and the Macroeconomy Author/Editor: Jong-Won Yoon, Jinill Kim, Jungjin Lee. Release Date:November, 2014 The ongoing demographic changes will bring about a substantial shift in the size and theage composition of the population, which will have significant impact on the global economy. Despite more...
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