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~isPartOf:"Economics & Management Discussion Papers"
~isPartOf:"Economics Series / Department of Economics and Finance Research and Teaching, Institut für Höhere Studien (IHS)"
~isPartOf:"University of Regensburg Working Papers in Business, Economics and Management Information Systems"
~language:"eng"
~language:"hrv"
~source:"repec"
~subject:"Monetary Policy"
~subject:"Monetary transmission"
~subject:"inequality"
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1
Interest Rate Policy and the Price Puzzle in a Quantitative
Business
Cycle Model
Schabert, Andreas
-
Department of Economics and Finance Research and …
-
2001
interest rate. In contrast, the majority of monetary
business
cycle models treats a broad monetary aggregate as the central … bank's policy measure. We try overcome this disparity and present a
business
cycle model which allows to examine the …
Persistent link: https://www.econbiz.de/10005704192
Saved in:
2
Testing for Parameter Stability in DSGE Models. The Cases of France, Germany and Spain
Jerger, Jürgen
;
Röhe, Oke
-
Wirtschaftswissenschaftliche Fakultät, Universität …
-
2011
We estimate a New Keynesian DSGE model on French, German and Spanish data. The main aim of this paper is to check for the respective sets of parameters that are stable over time, making use of the ESS procedure ( ”Estimate of Set of Stable parameters“) developed by Inoue and Rossi (2011)....
Persistent link: https://www.econbiz.de/10008862923
Saved in:
3
Testing for Parameter Stability in DSGE Models. The Cases of France, Germany and Spain
Jerger, Jürgen
;
Röhe, Oke
-
Wirtschaftswissenschaftliche Fakultät, Universität …
-
2009
We estimate a New Keynesian DSGE model on French, German and Spanish data. The main aim of this paper is to check for the respective sets of parameters that are stable over time, making use of the ESS procedure ( ”Estimate of Set of Stable parameters“) developed by Inoue and Rossi (2011)....
Persistent link: https://www.econbiz.de/10009145849
Saved in:
4
Capital Adequacy Requirements and the Bank Lending Channel of Monetary Policy
Gontermann, Andreas
-
Wirtschaftswissenschaftliche Fakultät, Universität …
-
2003
In this paper a modified version of Bernanke and Blinder�s (1988) model of the bank lending channel of monetary policy under asymmetric information is presented. If, aside from reserve requirements, banks have to meet capital adequacy requirements as well, then the results suggested by...
Persistent link: https://www.econbiz.de/10005063024
Saved in:
5
The Grand Experiment of Communism: Discovering the Trade-off between Equality and Efficiency
Farvaque, Etienne
;
Mihailov, Alexander
;
Naghavi, Alireza
-
Henley Business School, University of Reading
-
2011
This paper aims to explain the rise and fall of communism by exploring the interplay between economic incentives and social preferences in different economic systems. We introduce inequality-averse and inefficiency-averse agents responding to economic incentives and transmitting their ideology...
Persistent link: https://www.econbiz.de/10009204964
Saved in:
6
Unanticipated Money
Cooley, Thomas F.
;
Hansen, Gary D.
-
Department of Economics and Finance Research and …
-
1997
quantitative equilibrium
business
cycle theory. A stochastic growth model with money is constructed that has the feature, following …
Persistent link: https://www.econbiz.de/10005704174
Saved in:
7
Investment and Interest Rate Policy in the Open Economy
McKnight, Stephen
-
Henley Business School, University of Reading
-
2007
This paper presents a two-country sticky-price model that allows for capital and investment spending. It analyzes the conditions for equilibrium determinacy under alternative interest-rate rules that react to either domestic or consumer price inflation. It is shown that in the presence of...
Persistent link: https://www.econbiz.de/10005146634
Saved in:
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