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Lukas Heim evaluates the performance of a price-level targeting rule compared to that of a standard inflation targeting rule. The comparison is based on a medium-scale DSGE model which has been estimated based on state-of-the-art Bayesian methods. The model for the Swiss economy is an expanded...
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Kanäle beeinflusst die Geldpolitik relevante Wirtschaftsgrößen wie die Inflation oder die Konjunkturlage? Warum ist es … der Wirtschaft Geldpolitische Instrumente Lang- und kurzfristige Effekte der Geldpolitik Die Unabhängigkeit der …
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