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inflation, and provides a theoretical basis for and empirical demonstration of monetary policy implementation in China. Previous … Regulation on Economic Growth and Inflation -- Appropriateness Study of Monetary Policy Regulation on Real Estate Price … -- Study on Building China’s Financial Supervision System -- Reference -- Acknowledgement. …
Persistent link: https://www.econbiz.de/10014021002
Having the high unemployment in Germany in mind, this book discusses how macroeconomic theory has evolved over the past forty years. It shows that in recent years a convergence has taken place, with modern models embodying a Keynesian transmission mechanism, monetarist policy implication, and...
Persistent link: https://www.econbiz.de/10014014221
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
Monetary Policy in Switzerland Comparison of Inflation and Price-Level Targeting Bayesian Estimation of a Small Open DSGE Model …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 …
Persistent link: https://www.econbiz.de/10012819094
This book offers a comprehensive empirical analysis of South African inflation dynamics, using a variety of techniques … including counterfactual analysis. The authors elaborate the roles in inflation of thresholds, nonlinearities and asymmetries … introduced by economic conditions such as the size of exchange rate changes and volatility, GDP growth, inflation, output gap …
Persistent link: https://www.econbiz.de/10012397495
Iceland became one of the symbols of the global financial crisis. It provides an ideal test case for the perceptions of economists, in particular their ability to anticipate crises. The book contains papers and reports, written prior to the collapse of Iceland's financial system, about the...
Persistent link: https://www.econbiz.de/10012053929
This book deals with the key aspects of developments in monetary economics and macroeconomics, such as the New Consensus Macroeconomics, and further ones such as money, credit and the business cycle. Adding to the analysis are developments that focus on issues for open and spatial macroeconomics
Persistent link: https://www.econbiz.de/10012054267
This book is a non-technical introduction to the history of - and current measurement practice of - inflation for the … United Kingdom, with comparative international case studies. The authors describe the historical development of inflation … few specialist scholars. Although inflation is a widely used and quoted statistic, and despite the important role …
Persistent link: https://www.econbiz.de/10012397731
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