Narrow search
Showing 1 - 10 of 460
Cover Image
Disinflation and the NAIRU in a New-Keynesian New-Growth Model
Rannenberg, Ansgar - Volkswirtschaftliche Fakultät, … - 2008
NAIRU and the size of the disinflation during that period across advanced OECD economies. There is also mounting evidence … by central banks at the end of the 1970s. Monetary policy implements a disinflation by following a standard interest … state). Thus the model generates an increase in unemployment following a disinflation without relying on a change to labour …
Persistent link: https://www.econbiz.de/10005790337
Cover Image
Nonlinear inflation expectations and endogenous fluctuations
Gomes, Orlando - Volkswirtschaftliche Fakultät, … - 2006
The standard new Keynesian monetary policy problem is, in its original presentation, a linear model. As a result, only three possibilities are admissible in terms of long term dynamics: the equilibrium may be a stable node, an unstable node or a saddle point. Fixed point stability (a stable...
Persistent link: https://www.econbiz.de/10005837344
Cover Image
Inflation and Policy Response - The Israeli Case: 1970-1989
Gottlieb, Daniel - Volkswirtschaftliche Fakultät, … - 1990
The Israeli Economy has served as a laboratory for the study of inflation and government policy reponse. In periods crucial for Israel's experience of inflation, finance ministers were replaced frequently, often changing their predecessors' policies, much to the detriment of inflation. Inflation...
Persistent link: https://www.econbiz.de/10005622172
Cover Image
Essays on the Measurement of Economic Expectations
Stangl, Anna - Volkswirtschaftliche Fakultät, … - 2009
Persistent link: https://www.econbiz.de/10008520749
Cover Image
Loss avoidance in nominal frames and fairness in downward nominal wage rigidity and disinflation
Lunardelli, André - Volkswirtschaftliche Fakultät, … - 2009
downward nominal wage rigidity (DNWR) and disinflation costs even with common knowledge of credible policies. This suggests …
Persistent link: https://www.econbiz.de/10008615623
Cover Image
Hyperinflation, disinflation, deflation, etc.: A unified and micro-founded explanation for inflation
Harashima, Taiji - Volkswirtschaftliche Fakultät, … - 2007
In this paper, I present a unified and micro-founded explanation for various types of inflation without assuming ad hoc frictions or irrationality. The explanation is similar to the conventional inflation theory in the sense that an independent central bank can control inflation and also similar...
Persistent link: https://www.econbiz.de/10005617055
Cover Image
Testing Globalization-Disinflation Hypothesis
Calani, Mauricio - Volkswirtschaftliche Fakultät, … - 2007
This paper addresses the globalization - disinflation hypothesis from the perspective of a open economy neo keynesian … disinflation. If true, it makes us wonder about the merit of central banks in this phenomenon. Even more, challenges our knowledge …
Persistent link: https://www.econbiz.de/10005617191
Cover Image
Vermögenspreise und Konsum
Illing, Gerhard; Klüh, Ulrich - Volkswirtschaftliche Fakultät, … - 2004
europäische Geldpolitik in der näheren Zukunft ergeben. …
Persistent link: https://www.econbiz.de/10005649821
Cover Image
Perspective ale ţintirii inflaţiei
Dumitriu, Ramona; Stefanescu, Razvan - Volkswirtschaftliche Fakultät, … - 2014
This paper explores some recent challenges for the inflation targeting. The circumstances are different for the emerging market countries and for the industrialized ones. In many emerging market countries the central banks adopted more or less formally the inflation targeting, in order to gain...
Persistent link: https://www.econbiz.de/10011259701
Cover Image
Interest Rates Determination and Crisis Puzzle (Empirical Evidence from the European Transition Economies)
Mirdala, Rajmund - Volkswirtschaftliche Fakultät, … - 2012
Economic theory provides clear suggestions in fixed versus flexible exchange rates dilemma in fighting high inflation pressures. However, relative diversity in exchange rate regimes in the European transition economies revealed uncertain and spurious conclusions about the exchange rate regime...
Persistent link: https://www.econbiz.de/10011107768