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The U.K.'s rocky road to stability
Batini, Nicoletta (contributor); Nelson, Edward (contributor) - 2005
"This paper provides an overview, using extensive documentary material, of developments in U.K. macroeconomic policy in the last half-century. Rather than focusing on well-known recent changes in policy arrangements (such as the introduction of inflation targeting in 1992 or central bank...
Persistent link: https://www.econbiz.de/10003053139
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Do productivity growth, budget deficits, and monetary policy actions affect real interest rates? : Evidence from macroeconomic announcement data
Kliesen, Kevin L. (contributor);  … - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002496991
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Trade policy opinions at the state level
Coughlin, Cletus Charles (contributor) - 2001 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001941392
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Economy of Vietnam
McCarty, Adam - EconWPA - 2001
economy was thoroughly undermined. The collapse of trading relations with the Council for Mutual Economic Assistance (CMEA … the urban household services economy, which offset the increase in the numbers of unemployed. The shift to markets was … Western markets without difficulty. During the 1990s the economy of Viet Nam underwent a transformation. Structural changes …
Persistent link: https://www.econbiz.de/10005118775
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Central Bank Purchases of Private Assets
Williamson, Stephen D. - Federal Reserve Bank of St. Louis - 2014
A model is constructed in which consumers and banks have incentives to fake the quality of collateral. Conventional monetary easing can exacerbate these problems, in that the mispresentation of collateral becomes more profitable, thus increasing haircuts and interest rate differentials. Central...
Persistent link: https://www.econbiz.de/10010938568
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Monetary and fiscal theories of the price level: the irreconcilable differences
McCallum, Bennett T.; Nelson, Edward - Federal Reserve Bank of St. Louis - 2006
The fiscal theory of the price level (FTPL) has attracted much attention but disagreement remains concerning its defining characteristics. Some writers have emphasized implications regarding interest-rate pegging and determinacy of RE solutions, whereas others have stressed its capacity to...
Persistent link: https://www.econbiz.de/10005360634
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Optimal monetary and fiscal policy: a linear-quadratic approach
Benigno, Pierpaolo; Woodford, Michael - Federal Reserve Board (Board of Governors of the … - 2004
We propose an integrated treatment of the problems of optimal monetary and fiscal policy, for an economy in which …
Persistent link: https://www.econbiz.de/10005368129
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Domestic and cross-border consequences of U.S. macroeconomic policies
Bryant, Ralph C.; Helliwell, John; Hooper, Peter - Federal Reserve Board (Board of Governors of the … - 1989
This paper reviews empirical evidence about the effects of changes in U.S. monetary policy and fiscal policy that has been accumulated during recent years in a series of collaborative research projects involving a variety of global macroeconometric models. The paper also considers, in...
Persistent link: https://www.econbiz.de/10005372596
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An empirical analysis of policy coordination in the United States, Japan and Europe
Edison, Hali J.; Tryon, Ralph - Federal Reserve Board (Board of Governors of the … - 1986
Coordination of macroeconomic policy has been a major topic at recent summit meetings, and has been the subject of a number of theoretical studies. However, relatively little empirical research exists on policy coordination. This paper is an attempt to help fill this gap. The paper considers the...
Persistent link: https://www.econbiz.de/10005372624
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CLAVES DE LA INFLACION DE 2005
Marongiu, Federico - EconWPA - 2005
El tema de la inflación ha sido uno de los más debatidos en los últimos meses. Los incrementos de precios registrados en el primer trimestre de 2005 han avivado la discusión. Este trabajo muestra que el problema está lejos de estar fuera de control y que determinadas medidas de política...
Persistent link: https://www.econbiz.de/10005076625