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Inflation Dynamics in South Africa : The Role of Thresholds, Exchange Rate Pass-through and Inflation Expectations on Policy Trade-offs

Ndou, Eliphas - 2017

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...

Persistent link: https://www.econbiz.de/10012397495

Aspects of Modern Monetary and Macroeconomic Policies

Arestis, Philip (ed.); Hein, Eckhard (ed.); … - 2007

Within the New Consensus Macroeconomics, monetary policy is upgraded while fiscal policy is downgraded. This new monetary policy has been the main instrument of policy under the guise of inflation targeting, an approach pursued by a number of central banks worldwide. This book raises problems...

Persistent link: https://www.econbiz.de/10012054254

Advances in Monetary Policy and Macroeconomics

Arestis, Philip (ed.); Zezza, Gennaro (ed.) - 2007

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

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

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

Macroeconomic Policy : Demystifying Monetary and Fiscal Policy

Langdana, Farrokh K. - 2016 - 3rd ed. 2016

positioned to relate explicitly to theory, and to look ahead to and preempt global macro situations and polices in the years to …

Persistent link: https://www.econbiz.de/10012398057

Heterogeneity in Macroeconomics and its Implications for Monetary Policy

Schnell, Fabian - 2015

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 under Uncertainty : Historical Origins, Theoretical Foundations, and Empirical Evidence

Sauter, Oliver - 2014

Historical Origins of Uncertainty in Economic Theory -- Theoretical Foundations of Monetary Policy under Uncertainty … from a market perspective or from a central bank perspective. Contents Historical Origins of Uncertainty in Economic Theory …

Persistent link: https://www.econbiz.de/10014017452

Von der Entstehung des Geldes zur Sicherung der Währung : Die Theorien von Bernhard Laum und Wilhelm Gerloff zur Genese des Geldes

Brandl, Felix - 2015

-- Bernhard Laums Theorie der Geldentstehung -- Teil II: Wilhelm Gerloﬀ – Zur Entstehung und Entwicklung des Geldes -- Wilhelm … Laums, Gerloﬀs und Knapps zueinander -- Teil III: Die „Kaufmacht“ des Geldes in Geldpolitik und Geldtheorie -- Die … „Kaufmacht“ des Geldes – Grundlagen -- Die Kaufmacht als normativer Begriﬀ -- Die Verortung von Werturteilen in der Geldpolitik …

Persistent link: https://www.econbiz.de/10014017663

Wirtschaftliche Krisen bewältigen : Neue Erkenntnisse aus den jüngsten Krisen

Horn, Gustav A. - 2016 - 1. Aufl. 2016

. Im Ergebnis zeigt sich, wie wichtig die Geldpolitik ist, um Panik und Unsicherheit rasch bekämpfen zu können. Sie kommt …

Persistent link: https://www.econbiz.de/10014017736

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