Showing 1 - 10 of 1,173
repression in domestic interest rates→to avoid an avalanche of foreign capital inflows that would threaten inflation and asset …
Persistent link: https://www.econbiz.de/10010249643
order of Germany. It is argued that in post-war Europe the German social market economy as designed by Eucken (1952) and … Müller-Armack (1966) has been a core element of growth, welfare, social cohesion and political stability in Germany and …) growth and welfare in Germany and Europe. As the outcome is crumbling social cohesion and growing political instability, a …
Persistent link: https://www.econbiz.de/10011611212
extent this contention holds and to what extent Germany pragmatically responded to different crisis phenomena. A proper …
Persistent link: https://www.econbiz.de/10010528303
estate, as well as the costs of public goods to develop alternative inflation measures in Germany since the introduction of … the euro. Real economic growth as well as median wage developments are reexamined in light of the alternative inflation …
Persistent link: https://www.econbiz.de/10012291889
negatively correlated with inflation and inflation variance across countries. But the cross-country approach has been criticised … economy, higher output and somewhat lower inflation. We also investigate the interaction between the central bank and the …
Persistent link: https://www.econbiz.de/10009781685
integration process. We argue that the market orders shaped in postwar Germany and in Margret Thatcher's United Kingdom have long …
Persistent link: https://www.econbiz.de/10011809903
This paper reports the results of a survey among private sector economists about credibility and transparency of central banks. In line with the survey of Alan Blinder among central bankers, we asked participants in Ifo s World Economic Survey to answer questions on the importance and...
Persistent link: https://www.econbiz.de/10011399168
is constructed for the German monetary sector based on M3, GNP, an inflation rate, a long-term interest rate and a short …-term rate which represents the policy variable of the DBB. Moreover, import price inflation is included as an exogenous variable …
Persistent link: https://www.econbiz.de/10011400913
Using firm-level survey data from Germany, this paper asks how do supply constraints propagate monetary policy shocks …
Persistent link: https://www.econbiz.de/10013540705
Bank's inflation target alongside inflation in the euro area from 1999 to 2017 affects respondents' trust in the ECB. The … the inflation rate, and not information about the inflation target itself, appears to be the main driving force. …
Persistent link: https://www.econbiz.de/10014338856