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Persistent link: https://www.econbiz.de/10003818686
In this paper, the monetary policy independence of European nations in the years before European Monetary Union (EMU) is investigated using cointegration techniques. Daily data is used to assess pairwise relationships between individual EMU nations and ‘lead' nation Germany, to assess the...
Persistent link: https://www.econbiz.de/10013118510
Dirty money is often a by-product or a symptom of political corruption in the jurisdictions in which it originates. It can also spread corruption and erode democracy on its journey to its final destination. This typically involves multiple jurisdictions and is the reason why it is so hard to...
Persistent link: https://www.econbiz.de/10012826627
und quantitativen Erleichterung der Liquiditätsversorgung eine unkonventionelle Geldpolitik. Vieles spricht dafür, dass …
Persistent link: https://www.econbiz.de/10009659586
maintaining price stability have experienced the lowest and most stable inflation rates in recent decades. The present paper … reviews and critically evaluates this political economy literature which relates inflation performances to the constitutional …
Persistent link: https://www.econbiz.de/10011615375
times of rising inflation. Taking these fears seriously, we show that the institutionalization of central banking has always …
Persistent link: https://www.econbiz.de/10013173725
increase, and such as effects are politically relevant, the risk of citizen hostility towards the central bank policy increases …
Persistent link: https://www.econbiz.de/10012224069
Persistent link: https://www.econbiz.de/10014303637
through which uncertainty influences inflation, wage cost, and unemployment is the markup firms charge to cover their cost of …
Persistent link: https://www.econbiz.de/10014636214
the Barro-Ricardo equivalence, the cause of inflation, and the role of monetary policy. FF, throwing a different light on …
Persistent link: https://www.econbiz.de/10011392820