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~institution:"Federal Reserve Bank of Kansas City"
~person:"Acharya, Viral V."
~person:"Issing, Otmar"
~person:"Schreft, Stacey L."
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Acharya, Viral V.
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Akademische Feierstunde zu Ehren von Prof. Dr. Otmar Issing aus Anlass der Verleihung der Ehrendoktorwürde am 9. Februar 1996 <Bayreuth>
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Central bank perspectives on stabilization policy : articles from the bank's 2002 Economic Policy Symposium "Rethinking Stabilization Policy"
Greenspan, Alan
(
contributor
);
Issing, Otmar
(
contributor
); …
-
2002
Persistent link: https://www.econbiz.de/10001748689
Saved in:
2
The conduct of monetary policy with a shrinking stock of government debt
Schreft, Stacey L.
;
Smith, Bruce D.
-
Federal Reserve Bank of Kansas City
-
2001
In many countries, government-budget surpluses have led to a decline in the amount of federal government debt outstanding. This paper considers the consequences of this development for a central bank that conducts monetary policy through open market operations in treasury debt. A model is...
Persistent link: https://www.econbiz.de/10005410715
Saved in:
3
The social value of risk-free government debt
Schreft, Stacey L.
;
Smith, Bruce D.
-
Federal Reserve Bank of Kansas City
-
2003
economy with three assets—currency, government bonds, and storage, a transactions role for money, and a demand for
liquidity
…
Persistent link: https://www.econbiz.de/10005410789
Saved in:
4
Phillips curves, monetary policy, and a labor market transmission mechanism
Reed, Robert R.
;
Schreft, Stacey L.
-
Federal Reserve Bank of Kansas City
-
2007
This paper develops a general equilibrium monetary model with performance incentives to study the inflation-unemployment relationship. A long-run downward-sloping Phillips curve can exist with perfectly anticipated inflation because workers’ incentive to exert effort depend on financial market...
Persistent link: https://www.econbiz.de/10005515020
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