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The Effects of Transmission Uncertainty on the Flexibility-Credibility Tradeoff in Monetary Policy

Sénégas, Marc-Alexandre; Vilmunen, Jouko - Suomen Pankki - 1999

credibility–flexibility tradeoff in monetary policymaking. We show that if the flexibility problem dominates, an increase in … conservatism. This happens when the central bank has a sufficiently large credibility problem. This is particularly clear in the … contain useful information about the relative size of the credibility problem and, hence, about how incipient uncertainty can …

Persistent link: https://www.econbiz.de/10005648864

The Political Economy of Monetary Policy and Wage Bargaining : Theory and Econometric Evidence

Kilponen, Juha - Suomen Pankki - 2000

In this study, the determination of optimal monetary policy in unionised economies is considered from the new political economy point of view. In the empirical part of the study it is shown that, in addition to the institutional position of the central bank, labour market institutions also...

Persistent link: https://www.econbiz.de/10008774219

Bank of Finland annual report

Suomen Pankki - Helsinki - 1996(1997) -

Persistent link: https://www.econbiz.de/10000640486

Bulletin / Bank of Finland

Suomen Pankki - Helsinki - 62.1988 -

Persistent link: https://www.econbiz.de/10000429490

Bank of Finland annual report

Suomen Pankki - Helsinki : [Verlag nicht ermittelbar] - 1996-

Persistent link: https://www.econbiz.de/10009762226

Liquidity and market efficiency : alive and well?

Liikanen, Erkki; Jylhä, Petri; Pennacchi, George G.; … - Joint Conference with the Bank of Finland in Helsinki …; … - 2015

On 3 July 2015, SUERF organized its sixth joint conference with the Bank of Finland in Helsinki on the subject of liquidity and market efficiency. The one-day program consisted of an opening speech, six presentations, including three keynotes, and a lunchtime address. The present SUERF Study...