Similar Search Results

Core inflation: a review of some conceptual issues

Wynne, Mark A. - Federal Reserve Bank of Dallas - 1999

This paper reviews various approaches to the measurement of core inflation that have been proposed in recent years. The objective is to determine whether the European Central Bank (ECB) should pay special attention to one or other of these measures in assessing inflation developments in the euro...

Persistent link: https://www.econbiz.de/10005490301

Selective sovereign defaults

Erce, Aitor - Federal Reserve Bank of Dallas - 2012

debt and in so doing restricting private access to international capital markets or to default on domestic debt, thereby … depth of the banking system and the extent of the corporate sector's reliance on foreign capital markets vis-a-vis domestic … credit markets have the potential to explain the patterns of discrimination observed in the data. …

Persistent link: https://www.econbiz.de/10010583480

The rise of goods-market competition and the fall of nominal wage contracting: endogenous wage contracting in a multisector economy

Duca, John V.; VanHoose, David D. - Federal Reserve Bank of Dallas - 1998

This paper shows how heterogeneity wage-setting and a link between nominal wage flexibility andg goods-market competition rise in a multisector economy that is affected by aggregate and sector-specific shocks. Aggregate volatility increases the variance of real contract wages, whereas sectoral...

Persistent link: https://www.econbiz.de/10005346084