Showing 1 - 10 of 448
inflation target and the degree of real wage rigidity. It turns out that using core inflation rather than headline inflation is … the superior strategy. Targeting expected headline inflation, as practised by most central banks, is a viable practical … alternative to the core inflation target. …
Persistent link: https://www.econbiz.de/10009626629
Persistent link: https://www.econbiz.de/10003866018
Persistent link: https://www.econbiz.de/10001842265
Persistent link: https://www.econbiz.de/10008822474
Persistent link: https://www.econbiz.de/10009490521
Persistent link: https://www.econbiz.de/10010404010
Persistent link: https://www.econbiz.de/10009236888
A monetary union among autonomous countries cannot simultaneously maintain an independent monetary policy, national fiscal sovereignty and a no-bailout clause. These three features make up an impossible trinity, and attempts to preserve all three concurrently will ultimately end in failure. In...
Persistent link: https://www.econbiz.de/10009686816
Persistent link: https://www.econbiz.de/10003761021
Persistent link: https://www.econbiz.de/10001717100