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~accessRights:"free"
~person:"Schnabl, Gunther"
~subject:"Central bank"
~subject:"Fiscal policy"
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Schnabl, Gunther
Leeper, Eric M.
76
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59
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31
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31
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ECONIS (ZBW)
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Asymmetic Macroeconomic Policies, Weak Rules and Muddy Growth Perspectives (Asymmetrische Makropolitiken, Schwache Regelmechanismen Und Eingetrübte Wachstumsperspektiven) (German)
Schnabl, Gunther
-
2009
The macroeconomic policy response to the global financial and economic crisis has brought interest rates (close to) zero and the public debt to record levels despite institutionalized monetary and fiscal polity rules. The paper discusses the long-term implications of asymmetric fiscal and...
Persistent link: https://www.econbiz.de/10014202495
Saved in:
2
Fiscal Divergence, Current Account and TARGET2 Imbalances in the EMU
Abad, José M.
-
2012
deposit
flight from the crisis economies is substituted by central
bank
credit. Given that this process has brought Deutsche …
Persistent link: https://www.econbiz.de/10013108357
Saved in:
3
Limits of Monetary Policy Autonomy by East Asian Debtor Central Banks
Löffler, Axel
-
2013
-Gordon-type central
bank
loss function that in both cases surplus liquidity limits monetary policy autonomy. In case of fixed exchange …
Persistent link: https://www.econbiz.de/10013091528
Saved in:
4
Japan's low inflation conundrum
Mayer, Thomas
;
Schnabl, Gunther
-
2022
factors directly or indirectly influenced by the
Bank
of Japan: increased money holding of households and corporations …, central
bank
-backed debt-financed price controls and net capital outflows. …
Persistent link: https://www.econbiz.de/10013284915
Saved in:
5
Monetary Policy Reform in a World of Central Banks
Schnabl, Gunther
-
2012
The paper identifies based on the monetary over investment theories by Wicksell (1898), Mises (1912) and Hayek (1929) monetary policy mistakes in large industrial countries issuing international currencies. It its argued that a neglect towards monetary policy reform in a world dominated by...
Persistent link: https://www.econbiz.de/10013111361
Saved in:
6
Symmetrische Regeln und asymmetrisches Handeln in der Geld- und Finanzpolitik
Hoffmann, Andreas
;
Schnabl, Gunther
-
2011
die Rückkehr zu symmetrischen Regeln in der Geld- und Finanzpolitik gefordert. -- Regeln ;
Geldpolitik
; Finanzpolitik …
Persistent link: https://www.econbiz.de/10009233361
Saved in:
7
Limits of monetary policy autonomy by East Asian debtor central banks
Löffler, Axel
;
Schnabl, Gunther
;
Schobert, Franziska
-
2012
-Gordon-type central
bank
loss function that in both cases surplus liquidity limits monetary policy autonomy. In case of fixed exchange …
Persistent link: https://www.econbiz.de/10009500749
Saved in:
8
Limits of monetary policy autonomy and exchange rate flexibility by East Asian central banks
Löffler, Axel
;
Schnabl, Gunther
;
Schobert, Franziska
-
2013
Asian central banks into debtor positions versus the domestic banking systems. We show based on a central
bank
loss function … financial repression, or rising inflation or both. Assuming that a debtor central
bank
moved towards a freely floating exchange …
Persistent link: https://www.econbiz.de/10009775810
Saved in:
9
Macroeconomic policy making, exchange rate adjustment and current account imbalances in emerging markets
Duarte, Pablo
;
Schnabl, Gunther
-
2014
Since a series of crisis events after 2007, the discussion about the adjustment channels of current account imbalances has been revived. We discuss the effectiveness of exchange rates versus macroeconomic policies to rebalance current accounts for a set of 86 mainly emerging market economies. We...
Persistent link: https://www.econbiz.de/10010431297
Saved in:
10
Limits of monetary policy autonomy and exchange rate flexibility by East Asian Central Banks
Löffler, Axel
;
Schnabl, Gunther
;
Schobert, Franziska
-
2013
Asian central banks into debtor positions versus the domestic banking systems. We show based on a central
bank
loss function … financial repression, or rising inflation or both. Assuming that a debtor central
bank
moved towards a freely floating exchange …
Persistent link: https://www.econbiz.de/10010221431
Saved in:
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