Similar Search Results

Zhai, Xiaozhong - EconWPA - 2005

This book focuses on general theory of price. Price, wage, interest rate, GNP and exchange rate, five factors, are very … political life directly, a functional value, price and wage described by a relatively abstract mathematic sum in place of amount … in their country or region and to analyze the relationship of growth and decline among price, wage, interest rate and GNP …

Persistent link: https://www.econbiz.de/10005126369

Application of Four-Rate Formula and Exchange Rate Formula to demonstration of single currency with different value and interest rate

Zhai, Xiaozhong - EconWPA - 2004

Putting the theory of price system on the relationship among price, wage, labor time, interest rate and GNP (or GDP … value and interest rate in different conditions and regions, can not certainly benefit price stability, sound public …

Persistent link: https://www.econbiz.de/10005561153

An Estimated, New Keynesian Policy Model for Australia

Melecky, Martin; Buncic, Daniel - EconWPA - 2005

A two-block open economy model is estimated in this paper using Australian and U.S. data. Evaluation of the estimated model is carried out in relation to a simple closed economy alternative. Namely, we inspect the implied transmission mechanisms, and examine the relative out-of-sample...

Persistent link: https://www.econbiz.de/10005125001

WOULD ADOPTING THE US DOLLAR HAVE LED TO IMPROVED INFLATION, OUTPUT AND TRADE BALANCES FOR NEW ZEALAND IN THE 1990s?

Hall, Viv; Huang, Angela - EconWPA - 2004

Deterministic simulations with the Reserve Bank of New Zealand’s core FPS model show how New Zealand’s broad macroeconomic environment might have evolved over the 1990s, if a US nominal yield curve and US TWI exchange rate movements under a common currency arrangement had been...

Persistent link: https://www.econbiz.de/10005412749