Tag Archives: monetary policy

Forecasting Inflation. 2022 Best

Forecasting Inflation.

This assignment focuses on forecasting Inflation. Each paper involves data collection, interpretation, and additional analysis. Both papers are illustrated in the YouTube lectures.

Forecasting Inflation.

Paper details Paper – Students may choose one of two paper assignments. Both involve data collection, analysis, and write-up. Both paper topics are reviewed in the YouTube lectures. The topic for the first paper (forecasting inflation) is covered in Module 2, chapter 3. The other paper topic on current monetary policy is covered in Module 7, chapter 10. Rubrics and data sources are provided for each paper. This assignment will be graded by rubric. Paper Assignment: Forecasting Inflation or Recommended Monetary Policy.

Forecasting Inflation.

You have a choice of completing a short paper assignment on forecasting inflation or on recommended monetary policy. Each paper involves data collection, interpretation, and additional analysis. Both papers are illustrated in the YouTube lectures. The inflation forecast paper is illustrated in the lecture for chapter 3 (Module 2). The paper on what the Federal Reserve System should do is discussed in chapter 10 (Module 7). Rely on the material presented in the lectures when writing the paper. Add supplemental, background information if you wish. At the beginning of the class, I will email all students current web sites for the data used in either paper.

Forecasting Inflation.

Use APA format when listing your data sources. Keep in mind that the grade for the paper is based on the content described below, not length. It is possible to present this content in about three or four pages. Detailed instructions for each paper are provided below. 1. Paper on forecasting inflation: Collect data on two indicators of inflation (unemployment and capacity utilization) as well as year-to-date inflation. The calculation of year-to-date inflation is illustrated in Module 2 (chapter 2, PDF slide #3). You can examine inflation based on all items, or ‘core’ inflation (all items less food and energy). Collect all data for the last three months for your short-term forecast.

Forecasting Inflation.

Present the data in a table such as the following: Table 1 Data Series Oct. 2019 Nov. 2019 Dec. 2019 12-month percent change in core CPI (year-to-date) inflation 2.3 2.3 2.3 Capacity Utilization 76.9 77.4 77.0 Unemployment Rate 3.6 3.5 3.5 Describe and define inflation and explain why it is important to know something about expected inflation. Describe and define each of the indicators of inflation and explain how each is related to inflation. Use the data to explain what each indicator tells us about the inflationary outlook. Finally, explain how your information can be used by practitioners. For example, how would financial markets, or exchange rates to respond to your prediction?

Forecasting Inflation.

2. Paper on what the Federal Reserve System should do? This is not a paper on the Federal Reserve System, but on what is appropriate monetary policy, given the current state of the economy. The introduction of the paper should briefly describe the function of the Federal Reserve System and how monetary policy influences economic activity. Provide an assessment of the current state of the economy. To do this, you will need at least one indicator of current economic growth and at least one indicator of inflation. It would be best to examine the trend in these data over the last three months. https://youtu.be/j22tLUQQDh4

Forecasting Inflation.

The data may be organized in a table (see Table 1 above). Provide an interpretation of these data in terms of macroeconomics. Based on this information what do you think the Federal Reserve System should do with respect to the federal funds rate target, or other policy levers. Close with an explanation of how financial markets would respond to your policy recommendation.

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Relation between unemployment and inflation. 2022 Best

Relation between unemployment and inflation.

For this assignment we will evaluate the historical relation between unemployment and inflation. Distinguish between the short-run and the long-run in a macroeconomic analysis. Why is the relationship between unemployment and inflation different in the short-run and the long-run?

Relation between unemployment and inflation.

Unemployment and inflation are an economy’s two most important macroeconomic issues. The federal government’s fiscal policy and the Federal Reserve’s monetary policy try to maintain both a low unemployment rate around a natural rate and a low inflation rate around 2%. In your Final Paper, Evaluate the historical relationship between unemployment and inflation. (hint: You may start from A.W. Phillips’s finding of the relationship between unemployment and inflation.) Distinguish between the short-run and the long-run in a macroeconomic analysis. Why is the relationship between unemployment and inflation different in the short-run and the long-run? Assess the recent 20-year U.S. unemployment and inflation data.

Relation between unemployment and inflation.

Do the current U.S. unemployment and inflation data confirm the short-run Phillips curve? Analyze why the recent 20-year U.S. unemployment and inflation data approves or disproves the short-run Phillips curve. Evaluate whether the Phillips curve can still validly resolve today’s issue of unemployment and inflation and forecast unemployment and inflation. Why or why not? Recommend any policy, method, or opinions for the current U.S. unemployment and inflation as a policy maker for either fiscal policy or monetary policy (or both). The Short-Run and Long-Run Relationship Between Unemployment and Inflation Final Paper Must be eight to 10 double-spaced pages in length

Relation between unemployment and inflation.

Must include a separate title page with the following: Title of paper Student’s name Course name and number Instructor’s name Date submitted For further assistance with the formatting and the title page, refer to APA Formatting for Microsoft Word (Links to an external site.). Must utilize academic voice. See the Academic Voice (Links to an external site.) resource for additional guidance. Must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper. For assistance on writing Introductions & Conclusions (Links to an external site.) as well as Writing a Thesis Statement (Links to an external site.), refer to the Writing Center resources.

Relation between unemployment and inflation.

Must use at least five scholarly, peer-reviewed, and other credible sources in addition to the course text. The Scholarly, Peer-Reviewed, and Other Credible Sources (Links to an external site.) table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source for a particular assignment. Must document any information used from sources in APA style as outlined in the Writing Center’s Citing Within Your Paper (Links to an external site.) guide.   https://youtu.be/GitxEGsEkCU

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