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Unemployment Revisited
Nickell, Stephen - In: Journal of Economic Studies 20 (1993) January, pp. 136-140
Discusses a number of issues put forward by the other authors in this volume. In particular considers the potential role of real interest rates in unemployment models, the importance of the trade balance and related constraints in open economy models and the uniqueness and stability of...
Persistent link: https://www.econbiz.de/10004987094
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Unemployment Revisited
Nickell, Stephen - In: Journal of Economic Studies 20 (1993) 1/2
Discusses a number of issues put forward by the other authors in this volume. In particular considers the potential role of real interest rates in unemployment models, the importance of the trade balance and related constraints in open economy models and the uniqueness and stability of...
Persistent link: https://www.econbiz.de/10014863425
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Effects of reputation and credibility on monetary policy: theory and evidence for Brazil Abstract Purpose-The purpose of this paper is to demonstrate that both the reputation of th...
Montes, Gabriel Caldas; Bastos, Julio Cesar Albuquerque - In: Journal of Economic Studies 3 (2014), pp. 387-387
Persistent link: https://www.econbiz.de/10010933488
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Economic policies, macroeconomic environment and entrepreneurs' expectations: Evidence from Brazil
Montes, Gabriel Caldas; Cesar, Júlio; Bastos, Albuquerque - In: Journal of Economic Studies 40 (2013) 3, pp. 334-354
inflation targeting in Brazil, emphasizing the effect of inflation targeting credibility on the business confidence of … credibility and macroeconomic policies on expectations and confidence of entrepreneurs and, as a consequence, on industrial … credibility of the monetary regime affect economic activity by their impact on expectations of entrepreneurs. Research limitations …
Persistent link: https://www.econbiz.de/10010814553
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Credibility and the credit channel transmission of monetary policy theoretical model and econometric analysis for Brazil
Montes, Gabriel Caldas; Machado, Caroline Cabral - In: Journal of Economic Studies 40 (2013) 4, pp. 469-492
of the literature concerning inflation targeting credibility and the transmission mechanism of monetary policy through … authority reduces the interest rate and when the credibility increases. The evidence also indicate that the supply of credit is … policy to price stability which increases the credibility of the regime of inflation targeting and promoting macroeconomic …
Persistent link: https://www.econbiz.de/10010688400
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Economic policies, macroeconomic environment and entrepreneurs' expectations
Caldas Montes, Gabriel; Cesar Albuquerque Bastos, Júlio - In: Journal of Economic Studies 40 (2013) 3, pp. 334-354
inflation targeting in Brazil, emphasizing the effect of inflation targeting credibility on the business confidence of … credibility and macroeconomic policies on expectations and confidence of entrepreneurs and, as a consequence, on industrial … credibility of the monetary regime affect economic activity by their impact on expectations of entrepreneurs. Research limitations …
Persistent link: https://www.econbiz.de/10014863368
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Credibility and the credit channel transmission of monetary policy theoretical model and econometric analysis for Brazil
Caldas Montes, Gabriel; Cabral Machado, Caroline - In: Journal of Economic Studies 40 (2013) 4, pp. 469-492
of the literature concerning inflation targeting credibility and the transmission mechanism of monetary policy through … authority reduces the interest rate and when the credibility increases. The evidence also indicate that the supply of credit is … policy to price stability which increases the credibility of the regime of inflation targeting and promoting macroeconomic …
Persistent link: https://www.econbiz.de/10014864360
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Effects of reputation and credibility on monetary policy: theory and evidence for Brazil
Caldas Montes, Gabriel; Cesar Albuquerque Bastos, Julio - In: Journal of Economic Studies 41 (2014) 3, pp. 387-404
credibility of the regime of inflation targeting are important to reduce the inflation bias and the effort of the monetary … credibility reduces the effort of the monetary authority in the conduct of monetary policy. The paper presents an econometric … credibility, and the gains of credibility reduce the effort of the monetary authority in the conduct of monetary policy, reducing …
Persistent link: https://www.econbiz.de/10014864629
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An Error-correction Approach to Demand for Money in Five African Developing Countries
Simmons, Robert - In: Journal of Economic Studies 19 (1992) January, pp. 29-47
Applies an error-correction model to demand for money in five African economies: Congo, Côte d'Ivoire, Mauritius, Morocco and Tunisia. Attention is given to a set of opportunity cost variables including expected inflation, domestic interest rate, foreign interest rate and expected exchange-rate...
Persistent link: https://www.econbiz.de/10008481975
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Entropy estimation and interpretation of the inter-sectoral linkages of Turkish economy based on Leontief input/output model
Özçam, Ahmet - In: Journal of Economic Studies 36 (2009) October, pp. 490-507
Purpose – The purpose of this paper is to address an econometric procedure which revises and updates the technical production coefficients of latest Turkish input/output (I/O) table, as new information about sectoral productions become available. Design/methodology/approach – Both maximum...
Persistent link: https://www.econbiz.de/10008481976