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Die Bedeutung von Wohnimmobilienpreisen für die Geldpolitik : Bedingte Effekte auf die Wohnimmobilien- und private Konsumnachfrage

Schützenmeister, Marcel - 2015

Zentralbank Theoretische Bedeutung von Wohnimmobilienpreisen für die Geldpolitik Empirische Überprüfung der …Marcel Schützenmeister zeigt in dem Buch theoretisch auf, unter welchen Bedingungen die Geldpolitik einen unmittelbaren …, dass bei Erfüllung dieser Bedingungen die Geldpolitik Wohnimmobilienpreisentwicklungen zwar berücksichtigen, aber nicht …

Persistent link: https://www.econbiz.de/10014019756

Money, Stock Prices and Central Banks : A Cointegrated VAR Analysis

Wiedmann, Marcel - 2011

This contribution applies the cointegrated vector autoregressive (CVAR) model to analyze the long-run behavior and short-run dynamics of stock markets across five developed and three emerging economies. The main objective is to check whether liquidity conditions play an important role in stock...

Persistent link: https://www.econbiz.de/10014015328

Interest Rates, Exchange Rates and World Monetary Policy

Floyd, John E. - 2010

A Theoretical Framework -- Specifications and Assumptions -- Underlying Equilibrium Growth Paths -- Variations in Employment -- Some Important Implications -- Exchange Rate Overshooting -- Exchange Rate Determination -- Issues Regarding Exchange Rate Determination -- Time Series Properties of...

Persistent link: https://www.econbiz.de/10013521314

Inflation versus Price-Level Targeting : Bayesian Estimation of a Small Open DSGE Model for Switzerland

Heim, Lukas - 2015

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...

Persistent link: https://www.econbiz.de/10012819094

The Impact of Monetary Policy on Economic Inequality

Dörr, Patricia - 2018

The extensive monetary policy of central banks during the Great Recession has re-newed the interest in the relation between (possibly) non-neutral money and wealth and income inequality. In this work, a dynamic general equilibrium model approach is used to study the effects of an inflation rate...

Persistent link: https://www.econbiz.de/10012396988

Heterogeneity in Macroeconomics and its Implications for Monetary Policy

Schnell, Fabian - 2015

Fabian Schnell develops a model indicating that by keeping real interest rates too low, monetary policy can distort the allocation of resources across firms and potentially delay economic recovery after a recession. This is a new channel of monetary policy that is especially relevant in view of...

Persistent link: https://www.econbiz.de/10012402085

China’s Monetary Policy Regulation and Financial Risk Prevention : The Study of Effectiveness and Appropriateness

Zhou, Hui - 2015

Abstract -- Introduction -- Literature Review and Research Framework -- Effectiveness Study of Chinese Monetary Policy Regulation on Economic Growth and Inflation -- Appropriateness Study of Monetary Policy Regulation on Real Estate Price -- Appropriateness Study of Monetary Policy Regulation on...

Persistent link: https://www.econbiz.de/10014021002

Monetary Policy and the German Unemployment Problem in Macroeconomic Models : Theory and Evidence

Gottschalk, Jan (contributor) - 2005

Having the high unemployment in Germany in mind, this book discusses how macroeconomic theory has evolved over the past forty years. It shows that in recent years a convergence has taken place, with modern models embodying a Keynesian transmission mechanism, monetarist policy implication, and...

Persistent link: https://www.econbiz.de/10014014221

Monetary and Wage Policies in the Euro Area

Carlberg, Michael (contributor) - 2007

Studies the interactions between monetary and wage policies in the euro area. This book discusses the process of policy competition and the structure of policy cooperation. It also features numerical simulations of policy competition and numerical solutions to policy cooperation

Persistent link: https://www.econbiz.de/10013520641

Inflation and Unemployment in a Monetary Union

Carlberg, Michael (contributor) - 2008

This book studies the coexistence of inflation and unemployment in a monetary union. The focus is on how to reduce the associated loss. The primary target of the European central bank is low inflation in Europe. The primary target of the German government is low unemployment in Germany. And the...

Persistent link: https://www.econbiz.de/10013520991