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Issues related to central banks feature regularly in economic news coverage, and in times of economic or financial crisis, especially when a commercial bank is bailed out, they become the focus of the policy debate. But what role do central banks play in a modern economy? How do central banks...
Persistent link: https://www.econbiz.de/10012397081
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
Ölpreiskanäle in DSGE-Modellen -- Ölpreis, Arbeitslosigkeit und optimale Geldpolitik.-Ölpreisschocks und optimale … Geldpolitik in kleinen Volkswirtschaften -- Endogener Ölpreis und Zentralbankkooperation in großen Volkswirtschaften. . … Ölpreisveränderungen untersucht. Der Inhalt Ölpreiskanäle in DSGE-Modellen Ölpreis, Arbeitslosigkeit und optimale Geldpolitik …
Persistent link: https://www.econbiz.de/10014019489
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 …
Persistent link: https://www.econbiz.de/10014017761
The world economy is on the brink of a profound crisis. The threat of global deflation and the emergence of chronic …
Persistent link: https://www.econbiz.de/10012054067
contributions of cliometrics to a particular topic. The Handbook sets a new standard of quality in the field by offering a world …
Persistent link: https://www.econbiz.de/10014020377
: Static Portfolio Theory: CAPM and Extentsions -- Consumption Based Asset Pricing Models -- Asset Pricing Models with … theory, multi-agent and evolutionary approaches, capital asset pricing beyond consumption-based models, and dynamic portfolio …
Persistent link: https://www.econbiz.de/10013522915
Persistent link: https://www.econbiz.de/10013520458
decades, the field of industrial organization lived in the world of microeconomics, separately from the macroeconomic world of …
Persistent link: https://www.econbiz.de/10013521194
Introductory Lecture -- Housing in DSGE Models: Findings and New Directions -- Housing and the Business Cycles -- Housing and the Macroeconomy: The Italian Case -- Cyclical Relationships Between GDP and Housing Market in France: Facts and Factors at Play -- Does Housing Really Lead the Business...
Persistent link: https://www.econbiz.de/10013522873