Showing 1 - 7 of 7
In recent years, a number of central banks have announced numerical inflation targets as the basis for their monetary strategies. After outlining the reasons why such strategies might be adopted in the pursuit of price stability, this study examines the adoption, operational design, and...
Persistent link: https://www.econbiz.de/10012472420
Interventions by the Federal Reserve during the financial crisis of 2007-2009 were generally viewed as unprecedented and in violation of the rules--notably Bagehot's rule--that a central bank should follow to avoid the time-inconsistency problem and moral hazard. Reviewing the evidence for...
Persistent link: https://www.econbiz.de/10012457929
The average height of a population has become a familiar measure of that population's nutritional status. This paper extends the use of anthropometric data in the study of history by exploring published evidence on the weight, as well as the height, of British populations in the nineteenth and...
Persistent link: https://www.econbiz.de/10012472038
This paper reviews the evidence regarding the main trends in the height of the British population since the early eighteenth century. We argue that the average heights of successive birth cohorts of British males increased slowly between the middle of the eighteenth century and the first quarter...
Persistent link: https://www.econbiz.de/10012473296
Using a simple case study approach. this paper compares the conduct and performance of monetary policy in six Industrialized countries since the breakup of the Bretton Woods system. Our purpose is to develop fruitful hypotheses that might usefully be explored in subsequent, more formal research....
Persistent link: https://www.econbiz.de/10012474897
It is easier to discover why people died in the past than how healthy they were during their lives. However, in both Europe and North America, much evidence survives about the health of young males from the medical examination of recruits to the armed forces. The paper discusses the possibility...
Persistent link: https://www.econbiz.de/10012477419
This paper is a progress report on the usefulness of data on physical height for the analysis of long-ten changes in the level of nutrition and health on economic, social, and demographic behavior. It is based on a set of samples covering the U.S. and several other nations over the years from...
Persistent link: https://www.econbiz.de/10012478218