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question "Does money matter in monetary policy" is on the table again. This paper focuses on the discussion of these issues …
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There are three crises at the same time which severely threaten the national worldwide: The financial crises, a severe crisis of the automobile industry and as a consequence a global recession. The national governments analyzed very fast the causes and worldwide initiated programs to reduce its...
Persistent link: https://www.econbiz.de/10009398936
Our study contains application of Latent Semantic Indexing on financial crises prediction. Hypothesis to test was that equity markets are able to predict even sharp changes in monetary policy during a quarter ahead of such a change (which was searched during two quarters that followed). This...
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The article provides a general description of the world money development in both developed and developing countries … aggregates (broad and narrow money), foreign exchange reserves, inflation and interest rates. We found that after relatively … of neutrality and superneutrality of money in the light of GDP dynamics during monitored period and practical aspects of …
Persistent link: https://www.econbiz.de/10005036615