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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
This is what we've all been waiting for - a book that demystifies the European community's monetary union. Unlike other books, this one provides readers with a practical yet sophisticated grasp of the macroeconomic principles necessary to understand a monetary union. The most important case in...
Persistent link: https://www.econbiz.de/10013520823
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 government is low unemployment in Germany. And the...
Persistent link: https://www.econbiz.de/10013520991
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
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
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
Persistent link: https://www.econbiz.de/10013520916
recent advances in the theory and modelling of international finance. It includes some discussion of the empirical testing of …
Persistent link: https://www.econbiz.de/10012397997
Introduction -- The Model: Description of the Model; A Macroeconomic Model for a Monetary Union; Characterization of the Shocks.-The Model for a Small Monetary Union: Shock Multipliers; Graphical Analysis -- The Model for a Large Monetary Union: Shock Multipliers; Graphical Analysis --...
Persistent link: https://www.econbiz.de/10014015332
Globalization, Specialization and Innovation Dynamics.- Savings, Investment and Growth: New Approaches for Macroeconomic Modeling -- Economic Integration, Technological Progress and Growth -- Impact of the Real Exchange Rate on Trade, Structural Change and Growth -- Macroeconomic Aspects of...
Persistent link: https://www.econbiz.de/10014015399