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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

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

Regional Disparities in Small Countries

Felsenstein, Daniel (contributor); … - 2005

This book challenges the common perception that significant regional disparities do not exist in small countries. As small developed countries become increasingly competitive and their economic structures resemble those of the large, a re-assessment of the regional consequences of these changes...

Persistent link: https://www.econbiz.de/10013473831

Global Economic Uncertainties and Exchange Rate Shocks : Transmission Channels to the South African Economy

Ndou, Eliphas; Gumata, Nombulelo; Ncube, Mthuli - 2017

: Selected channels of transmission -- Chapter 3. UK policy uncertainty shock and South African economy: Inferences from the … exchange rate, exports and inflation channels.- Chapter 4. Foreign GDP growth uncertainties shock and South African economy …, foreign demand and domestic policy uncertainty shock effects on economic sectors.- Chapter 8. The transmission channels of the …

Persistent link: https://www.econbiz.de/10012398308

The Economics of the Monetary Union and the Eurozone Crisis

Sanchís i Marco, Manuel - 2014

The Economics of Monetary Union: the Theory of Optimum Currency Areas (OCAs) -- The Economic Rationale of Fiscal Rules …A regulatory idea conducted this work: the need to connect the economic rationale of the theory of currency areas with …

Persistent link: https://www.econbiz.de/10014016996

Forecasting High-Frequency Volatility Shocks : An Analytical Real-Time Monitoring System

Kömm, Holger - 2016 - 1st ed. 2016

information embedded in unexpected, but public observable text data in shock and nonshock information. The monitor is trained …

Persistent link: https://www.econbiz.de/10014018810

Persistent Stochastic Shocks in a New Keynesian Model with Uncertainty

Kranz, Tobias - 2017

The book introduces the New Keynesian framework, historically through a literature overview and through a step-by-step derivation of a New Keynesian Phillips curve, an intertemporal IS curve, and a targeting rule for the central bank. This basic version is then expanded by introducing cost and...

Persistent link: https://www.econbiz.de/10014020852

Exchange Rates and Macroeconomic Dynamics

Karadeloglou, Pavlos V. (ed.); Terraza, Virginie (ed.) - 2008

This book looks at the PPP persistence puzzle, and econometric aspects of exchange rate dynamics and their implications. It also explores the importance of exchange rate dynamics in the pass-through effects (PTE) and the econometric aspects of the exchange rates dynamics linked to structural...

Persistent link: https://www.econbiz.de/10012054166

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

Macroeconomic Policy : Demystifying Monetary and Fiscal Policy

Langdana, Farrokh K. - 2016 - 3rd ed. 2016

positioned to relate explicitly to theory, and to look ahead to and preempt global macro situations and polices in the years to …

Persistent link: https://www.econbiz.de/10012398057

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