Narrow search
Showing 1 - 10 of 82
Cover Image
Fiscal Policy in an Era of Surpluses : Economic and Financial Implications : proceedings of a conference sponsored by the Federal Reserve Bank of New York, December 3, 1999
Conference Fiscal Policy in an Era of Surpluses : … - 2000
Persistent link: https://www.econbiz.de/10001495358
Cover Image
An investigation of the gains from commitment in monetary policy
Schaumburg, Ernst (contributor);  … - 2003 - [Elektronische Ressource]
degrees of credibility, in which commitment and discretion become special cases of what we call quasi commitment. The monetary … measure of the (lack of) credibility of the monetary policy authority, we investigate the welfare effect of a marginal … increase in credibility. Our main finding is that, in a simple model of the monetary transmission mechanism, most of the gains …
Persistent link: https://www.econbiz.de/10001783067
Cover Image
Why use debit instead of credit? : consumer choice in a trillion-dollar market
Zinman, Jonathan (contributor) - 2004 - [Elektronische Ressource]
Debit cards are overtaking credit cards as the most prevalent form of electronic payment at the point of sale, yet the determinants of a ubiquitous consumer choice - "debit or credit?" - have received relatively little scrutiny. Several stylized facts suggest that debit-card use is driven by...
Persistent link: https://www.econbiz.de/10002521756
Cover Image
Home bias in trade : location or foreign-ness?
Evans, Carolyn L. (contributor) - 2001 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001591423
Cover Image
Economic policy review
Federal Reserve Bank of New York - New York, NY - 1.1995 - 18.2012,3
Persistent link: https://www.econbiz.de/10000540679
Cover Image
Monetary aggregates and monetary policy
1974
Persistent link: https://www.econbiz.de/10000662963
Cover Image
Globalization and the gains from variety
Broda, Christian M. (contributor);  … - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002101463
Cover Image
Benefits and spillovers of greater competition in Europe : a macroeconomic assessment
Bayoumi, Tamim A. (contributor); Laxton, Douglas (contributor) - 2004 - [Elektronische Ressource]
We estimate the macroeconomic benefits and international spillovers of an increase in competition using a general-equilibrium simulation model with nominal rigidities and monopolistic competition in product and labor markets. We draw three conclusions after calibrating the model to the euro area...
Persistent link: https://www.econbiz.de/10002101549
Cover Image
Learning about beta : a new look at CAPM tests
Adrian, Tobias (contributor);  … - 2004 - [Elektronische Ressource]
"When risk-factor loadings are time-varying and unobservable, investors are forced to form beliefs about the levels of their loadings. The learning process involved in forming these beliefs has normative implications for asset-pricing tests. This paper develops an equilibrium model of learning...
Persistent link: https://www.econbiz.de/10002521758