This book studies unemployment and inflation in economic crises, first considering the scenario of a demand shock in … European inflation. And what is more, there would be equally far-reaching fluctuations in the European money supply and … unemployment or European inflation; there would also be an explosion of European government purchases and an implosion of the …

Lukas Heim evaluates the performance of a price-level targeting rule compared to that of a standard inflation targeting …, and several additional structural disturbances. The results show that - exactly as expected - the volatility of inflation …-side shocks. Since inflation and output are targeted simultaneously, none of the two policies is strictly dominant. Contents …

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 … inflation and unemployment? Is monetary and fiscal cooperation superior to the sequential process of monetary and fiscal …

approach is used to study the effects of an inflation rate change on inequality. These effects are found to be temporary and to … policy rule of all agents due to individual skill and capital endowments. This implies a transitory effect of inflation rate …

Historical Origins of Uncertainty in Economic Theory -- Theoretical Foundations of Monetary Policy under Uncertainty … from a market perspective or from a central bank perspective. Contents Historical Origins of Uncertainty in Economic Theory …

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 … Zentralbank Theoretische Bedeutung von Wohnimmobilienpreisen für die Geldpolitik Empirische Überprüfung der …

This book presents a theoretical framework to explain chronic inflation and hyperinflation. The roots of these two … phenomenon are a fiscal monetary regime in which money issues finance the public deficit. Chronic inflation is modeled by using … policy rule states that money is issued to finance the public deficit. The chronic inflation models take into account the …