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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

International Economic Policy Coordination

Carlberg, Michael (contributor) - 2005

Persistent link: https://www.econbiz.de/10013520482

Strategic Policy Interactions in a Monetary Union

Carlberg, Michael (contributor) - 2009

This book studies the strategic policy interactions in a monetary union. The leading protagonists are the European Central Bank and national governments. The target of the ECB is low inflation in Europe. The targets of a national government are low unemployment and a low structural deficit....

Persistent link: https://www.econbiz.de/10013521136

Monetary and Fiscal Strategies in the World Economy

Carlberg, Michael - 2010

The Closed Economy: Absence of a Deficit Target. -- Monetary Policy -- Fiscal Policy -- Monetary and Fiscal Interaction -- Monetary and Fiscal Cooperation -- The Closed Economy: Presence of a Deficit Target -- Fiscal Policy -- Monetary and Fiscal Interaction -- Monetary and Fiscal Cooperation --...

Persistent link: https://www.econbiz.de/10013522783

Unemployment and Inflation in Economic Crises

Carlberg, Michael - 2012

Monetary Interaction between Europe and America -- Monetary Cooperation between Europe and America -- Fiscal Interaction between Europe and America -- Fiscal Coopearation between Europe and America -- Monetary and Fiscal Interaction between Europe and America: Cold-Turkey Policies -- Monetary...

Persistent link: https://www.econbiz.de/10013522949

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

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

Ölpreise und makroökonomische Stabilisierung in offenen Volkswirtschaften

Clemens, Marius - 2015

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

Macroeconomic Theory : Fluctuations, Inflation and Growth in Closed and Open Economies

Barbosa, Fernando de Holanda - 2018

Macroeconomics is the application of economic theory to the study of the economy’s growth, cycle and price … -- Chapter 11: Monetary Theory and Policy -- Part IV: Mathematical Appendix -- Appendix A: Differential Equations -- Appendix B …: Optimal Control Theory -- Appendix C: Finite Difference Equations …

Persistent link: https://www.econbiz.de/10012396898

Inflation Targeting and Financial Stability : Monetary Policy Challenges for the Future

Heise, Michael - 2019

Since the financial crisis of 2008/09, the world’s major central banks have been struggling to return their economies to higher growth and to reach their inflation targets. This concise book analyzes the importance of central bank policies for the economy, and specifically investigates the...

Persistent link: https://www.econbiz.de/10012397080

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