Showing 1 - 10 of 116
The Eurosystem and the U.S. Federal Reserve System follow quite different approaches to the execution of monetary policy. The former institution adopts a "hands-off" approach that largely delegates to depository institutions the task of stabilizing their own liquidity at high frequency. The...
Persistent link: https://www.econbiz.de/10001752004
The acceleration of productivity since 1995 has prompted a debate over whether the economy's underlying growth rate … identify variables other than productivity - namely consumption and labor compensation - to help estimate trend productivity … direction. In addition, we find that productivity data alone provide insufficient evidence of regime changes; corroborating …
Persistent link: https://www.econbiz.de/10001751984
Persistent link: https://www.econbiz.de/10001589561
Persistent link: https://www.econbiz.de/10001589618
Persistent link: https://www.econbiz.de/10001589696
Persistent link: https://www.econbiz.de/10001589687
Persistent link: https://www.econbiz.de/10001656406
Persistent link: https://www.econbiz.de/10000860759
Persistent link: https://www.econbiz.de/10000838778