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Monetary Policies and Nigerian Economy:Simulations from Dynamic Stochastic General Equilibrium(DSGE)Model
Nwaobi, Godwin - Volkswirtschaftliche Fakultät, … - 2012
Traditionally, the task of monetary management is usually performed by the monetary authority on behalf of government. However, a key challenge in monetary management is how to deal with uncertainty. Thus, the relevant policy questions must include how best the available instruments of monetary...
Persistent link: https://www.econbiz.de/10011108535
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Measuring Annual Real Exchange Rates: Series for Turkey
Erlat, Güzin; Arslaner, Ferhat - Volkswirtschaftliche Fakultät, … - 1997
This study deals with the problem of measuring the real exchange rate (RER). We consider four aspects of this measurement problem: (a) Using end- of- period or period averages of the nominal exchange rate. (b) Choosing price indexes. (c) In obtaining the real effective exchange rates (REER),...
Persistent link: https://www.econbiz.de/10011107619
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Measuring the Real Exchange Rate: Annual Series for Turkey
Erlat, Güzin; Arslaner, Ferhat - Volkswirtschaftliche Fakultät, … - 1997
This study deals with the problem of measuring the real exchange rate (RER). We consider four aspects of this measurement problem: (a) Using end- of- period or period averages of the nominal exchange rate. (b) Choosing price indexes. (c) In obtaining the real effective exchange rates (REER),...
Persistent link: https://www.econbiz.de/10011107737
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Measuring Annual Real Exchange Rate Series for Turkey
Erlat, Güzin; Arslaner, Ferhat - Volkswirtschaftliche Fakultät, … - 1997
This study deals with the problem of measuring the real exchange rate (RER). We consider four aspects of this measurement problem: (a) Using end-of-period or period averages of the nominal exchange rate. (b) Choosing price indexes. (c) In obtaining the real effective exchange rates (REER),...
Persistent link: https://www.econbiz.de/10011110185
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Country Heterogeneity and Long-Run Determinants of Inflation in the Gulf Arab States
Basher, Syed Abul; Elsamadisy, Elsayed Mousa - Volkswirtschaftliche Fakultät, … - 2010
inflation in the Gulf Cooperation Council (GCC) countries over the 1980-2008 period. We argue that, in GCC countries, money is … supply stands out as a significant determinant of inflation both in short- and long-run. Both foreign prices and the nominal … effective exchange rate are shown to be more successful in explaining inflation in the long-run than the short-run. The half …
Persistent link: https://www.econbiz.de/10008765622
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Implementing inflation targeting in Brazil: an institutional analysis
Strachman, Eduardo - Volkswirtschaftliche Fakultät, … - 2009
The paper shows the advantages and handicaps of implementing an inflation target (IT) regime, from a Post-Keynesian and …
Persistent link: https://www.econbiz.de/10005014711
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Overview of the Evolution of China's Central Bank and Monetary Policy: Correlation to the European Union
Skold, Alida S. - Volkswirtschaftliche Fakultät, … - 2011
held responsible for devastating inflation and was abandoned during the Ming Dynasty. Going forward in time, uprisings and … discontent have emphasized the importance of controlling inflation. The central bank is pivotal in issuing monetary policy to … control inflation and to maintain financial stability as the government transforms itself from a planned economy to a mixed …
Persistent link: https://www.econbiz.de/10009323474
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Welfare Effects of Price Targeting on Fixed Income Earners in Nigeria: A Framework for Analysis
ibrahim, waheed - Volkswirtschaftliche Fakultät, … - 2013
The paper examines the welfare implications of price targeting from the perspective of when central bank has credibility of persistently achieving the target rates and when people have lost confidence on such credibility. In the former, it was observed that the principle of Pareto optimality...
Persistent link: https://www.econbiz.de/10011110787
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DAS MONETÄRE SYSTEM DER REPUBLIK KROATIEN IN DER TRANSITION UND SEIN EINFLUSS AUF DAS SYSTEM DES ÖFFENTLICHEN FINANZEN
Srb, Vladimir; Matić, Branko; Marković, Branimir - Volkswirtschaftliche Fakultät, … - 1999
The paper delineates the properties and specificities of modern Croatian money-market transactions and their transition as well as the Solutions applied in this segment by the Republic of Croatia from the moment of declaration ofits in dependence up to nowadays. Such a contemporary monetary...
Persistent link: https://www.econbiz.de/10005836396
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New estimates of overseas U.S. currency holdings, the Underground economy and the "Tax Gap"
Feige, Edgar L. - Volkswirtschaftliche Fakultät, … - 2009
This paper examines the ‘currency enigma” which arises because despite financial innovation that has created important new substitutes for cash usage, U.S. per capita currency holdings now amount to $2700. American households and businesses admit to holding only 15 percent of the stock of...
Persistent link: https://www.econbiz.de/10008497643