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Optimal central bank design : benchmarks for the ECB
Berger, Helge (contributor) - 2006
The paper discusses key elements of optimal central bank design and applies its findings to the Eurosystem. A …
Persistent link: https://www.econbiz.de/10003301388
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What rule for the Federal Reserve? : forecast targeting
Svensson, Lars E. O. - 2017
Persistent link: https://www.econbiz.de/10011772112
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Optimal monetary policy in an operational medium-sized DSGE model
Adolfson, Malin; Laséen, Stefan; Lindé, Jesper; … - 2008
Persistent link: https://www.econbiz.de/10003726839
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Evaluating monetary policy
Svensson, Lars E. O. - 2009
Persistent link: https://www.econbiz.de/10003890837
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Optimal monetary policy under uncertainty in DSGE models : a Markov jump-linear-quadratic approach
Svensson, Lars E. O.; Williams, Noah - 2008
"We study the design of optimal monetary policy under uncertainty in a dynamic stochastic general equilibrium models. We use a Markov jump-linear-quadratic (MJLQ) approach to study policy design, approximating the uncertainty by different discrete modes in a Markov chain, and by taking...
Persistent link: https://www.econbiz.de/10003689859
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Optimal central bank conservatism and monopoly trade unions
Berger, Helge; Hefeker, Carsten; Schöb, Ronnie - 2001
welfare gain associated with making the central bank less conservative than society, however if the outside option is in real … of central bank conservatism. …
Persistent link: https://www.econbiz.de/10011397779
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Restructuring the ECB
Berger, Helge; Haan, Jakob de; Inklaar, Robert - 2003
size and voting power. One way to implement this principle is a rotation scheme for national central bank governors that …
Persistent link: https://www.econbiz.de/10011511101
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One country, one vote? : labor market structure and voting rights in the ECB
Berger, Helge; Hefeker, Carsten - 2004
distribution in the European Central Bank (ECB) council. We show that, in a model where labor unions internalize the inflationary …
Persistent link: https://www.econbiz.de/10011402520
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Generalizing the Taylor principle
Davig, Troy; Leeper, Eric M. - 2005
Persistent link: https://www.econbiz.de/10003259890
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How should large and small countries be represented in a currency union?
Berger, Helge (contributor); Mueller, Till (contributor) - 2004
representation in a federal central bank addressing this question. Optimal voting weights reflect two opposing forces: the wish to …
Persistent link: https://www.econbiz.de/10002521678