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Ahmad, Ehtisham - 2011

?, Chapter 2, Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing Ltd, 23-72 -- Gabriella Montinola, Yingyi Qian and … Northampton, MA, USA: Edward Elgar Publishing Ltd, 306-38 -- Wallace E. Oates (1999), 'Local Property Taxation: An Assessment …, Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing Ltd, 76-99 -- Richard A. Musgrave (1961), 'Approaches to a …

Persistent link: https://www.econbiz.de/10011852299

Greening the budget : budgetary policies for environmental improvement

Clinch, J. Peter (contributor) - 2002

-- pt. 4. European financial transfers -- pt. 5. Public purchasing and administration …

Persistent link: https://www.econbiz.de/10011850982

Measures of aggregate credit conditions and their potential use by central banks

García, Alejandro; Prokopiw, Andrei - 2009

Understanding the nature of credit risk has important implications for financial stability. Since authorities notably, central banks focus on risks that have systemic implications, it is crucial to develop ways to measure these risks. The difficulty lies in finding reliable measures of aggregate...

Persistent link: https://www.econbiz.de/10003933233

Resurrecting the role of real money balance effects

Dorich, José - 2009

I present a structural econometric analysis supporting the hypothesis that money is still relevant for shaping inflation and output dynamics in the United States. In particular, I find that real money balance effects are quantitatively important, although smaller than they used to be in the...

Persistent link: https://www.econbiz.de/10003933293

Risk premium shocks and the zero bound on nominal interest rates

Amano, Robert A.; Shukayev, Malik - 2009

There appears to be a disconnect between the importance of the zero bound on nominal interest rates in the real-world and predictions from quantitative DSGE models. Recent economic events have reinforced the relevance of the zero bound for monetary policy whereas quantitative models suggest that...

Persistent link: https://www.econbiz.de/10003933335

World finance and economic stability : selected essays of James Tobin

Tobin, James - 2003

Nobel Prize winner James Tobin has made outstanding contributions to modern macroeconomics. In this final collection of his work he examines the economic policies of the United States and its relations with other major economies after 1990. In James Tobin's view, the welfare of populations...

Persistent link: https://www.econbiz.de/10011851797

Long-run growth and short-run stabilization : essays in memory of Albert Ando

Ando, Albert (contributor); … - 2006

There is much confusion in the economics literature on wage determination and the employment-inflation trade-off. Few model builders pay as much careful attention to the definition and meaning of long-run concepts as did Albert Ando. Expanding on years of painstaking work by Ando, the...

Persistent link: https://www.econbiz.de/10011851839

A comparative history of central bank behavior : consistency in monetary policy in the US and UK

Wood, John H. - 2022

"It is widely believed that central banks have grown (the Bank of England) or were established (the Federal Reserve) to pursue the twin objectives of monetary and price stability. But why should they? Central bankers are people, too, whose behavior is presumably determined, like the rest of us,...

Persistent link: https://www.econbiz.de/10013537820

Monetary policy and the great inflation in the United States : the Federal Reserve and the failure of macroeconomic policy, 1965-1979

Mayer, Thomas - 1999

This unique book deals with the most serious macroeconomic failure experienced in the US in the post-war period and the great inflation of the late 1960s and 1970s. It is the first detailed analysis, using Federal Reserve documents, of the thinking behind the inflationary monetary policy during...

Persistent link: https://www.econbiz.de/10014473850

Monetary policy and Taiwan's economy

Dwyer, Gerald P. (ed.); Lin, Jin-Lung (ed.); Xu, Jiadong (ed.) - International Conference on the Conduct of Monetary … - 2002

Monetary Policy and Taiwan's Economy questions whether the Asian crisis could have been avoided through the application of recommendations highlighted by the contributors. The conclusion reached is that in an abstract world, perhaps; but in the world in which we live; no. It is argued that the...

Persistent link: https://www.econbiz.de/10014474165