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A careful basic theoretical and econometric analysis of the factors determining the real exchange rates of Canada, the …
Persistent link: https://www.econbiz.de/10013521314
approach is used to study the effects of an inflation rate change on inequality. These effects are found to be temporary and to … between (possibly) non-neutral money and wealth and income inequality. In this work, a dynamic general equilibrium model … policy rule of all agents due to individual skill and capital endowments. This implies a transitory effect of inflation rate …
Persistent link: https://www.econbiz.de/10012396988
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 …
Persistent link: https://www.econbiz.de/10012819094
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 …
Persistent link: https://www.econbiz.de/10013522949
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 …
Persistent link: https://www.econbiz.de/10013520991
Introduction: Measuring Tax Progression -- Theories: Local Measures -- Global Measures -- Uniform Measures -- Applications: Data and Fiscal Institutions of the Surveyed Countries -- Numerical Results -- Statistical Tests -- Progression Intensity
Persistent link: https://www.econbiz.de/10014016106
positioned to relate explicitly to theory, and to look ahead to and preempt global macro situations and polices in the years to … and systematically examine and understand the effects of macro policies on variables such as inflation, output, employment …
Persistent link: https://www.econbiz.de/10012398057
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
Persistent link: https://www.econbiz.de/10013522752
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 …
Persistent link: https://www.econbiz.de/10014019756