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 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 …

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 …

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 …