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Core inflation
Hogan, Seamus D.; Johnson, Marianne F.; Laflèche, Thérèse - 2001
Persistent link: https://www.econbiz.de/10001555173
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Beyond inflation targeting : assessing the impacts and policy alternatives
Yeldan, Erinç (contributor); Epstein, Gerald A. (contributor) - 2009
This book, written by an international team of economists, develops concrete, country specific alternatives to inflation targeting, the dominant policy framework of central bank policy that focuses on keeping inflation in the low single digits to the virtual exclusion of other key goals such as...
Persistent link: https://www.econbiz.de/10011851035
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Heterogeneous beliefs and housing-market boom-bust cycles in a small open economy
Tomura, Hajime - 2009
This paper introduces heterogeneous beliefs among households in a small open economy model for the Canadian economy. The model suggests that simultaneous boom-bust cycles in house prices, output, investment, consumption and hours worked emerge when credit-constrained mortgage borrowers expect...
Persistent link: https://www.econbiz.de/10003852849
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Monetary policy frameworks for emerging markets
Prasad, Eswar (contributor); Hammond, Gill (contributor);  … - 2009
Financial globalization has made monetary policy formulation in emerging market economies increasingly complicated. This timely set of studies looks at the turmoil in global financial markets, which coupled with volatile inflation poses serious challenges for central banks in these countries....
Persistent link: https://www.econbiz.de/10011851216
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The new monetary policy : implications and relevance
McCombie, J. S. L. (contributor);  … - 2005
Beginning with an assessment of new thinking in macroeconomics and monetary theory, this book suggests that many countries have adopted the New Consensus Monetary Policy since the early 1990s in an attempt to reduce inflation to low levels. It goes on to illustrate that the explicit control of...
Persistent link: https://www.econbiz.de/10011851789
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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
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The future of central banking
Kappes, Sylvio (ed.); Rochon, Louis-Philippe (ed.);  … - 2022
"Part of the Elgar Series on Central Banking and Monetary Policy, this book explores challenges surrounding central banking today. It goes beyond the immediate concerns with monetary policy and focuses instead on the concept of central banking more generally. Chapter authors explore emerging...
Persistent link: https://www.econbiz.de/10013400370
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Bond liquidity premia
Fontaine, Jean-Sébastien; Garcia, René - 2009
. We measure the value of funding liquidity from the cross-section of on-the-run premia by adding a liquidity factor to an … arbitrage-free term structure model. As predicted, we find that funding liquidity explains the cross-section of risk premia. An … increase in the value of liquidity predicts lower risk premia for on-the-run and off-the-run bonds but higher risk premia on …
Persistent link: https://www.econbiz.de/10003933337
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The Kennedy-Johnson tax cut : a revisionist history
Prachowny, Martin F. J. - 2000
The 1964 Kennedy-Johnson tax cut is often cited as the single most successful application of Keynesian stabilization policy. The author challenges this orthodox historical view by exposing the haphazard planning, simplistic economic theorizing, irreconcilable numerical projections, and partisan...
Persistent link: https://www.econbiz.de/10014473869