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Vermögenspreise und Konsum: Neue Erkenntnisse, amerikanische Erfahrungen und europäische Herausforderungen

Illing, Gerhard; Klüh, Ulrich - 2004

provides a deeper understanding of the link between asset prices and consumption. It shows that this approach gives only a … partial explanation for recent trends in US consumption. Comparing wealth effects in Anglo Saxon countries with continental … consumption. …

Persistent link: https://www.econbiz.de/10010427415

Vermögenspreise und Konsum : neue Erkenntnisse, amerikanische Erfahrungen und europäische Herausforderungen

Illing, Gerhard; Klüh, Ulrich - 2004

Persistent link: https://www.econbiz.de/10002099831

Vermögenspreise und Konsum

Illing, Gerhard; Klüh, Ulrich - Volkswirtschaftliche Fakultät, … - 2004

Persistent link: https://www.econbiz.de/10005649821

Monetary and fiscal policy interactions in a new Keynesian model with capital accumulation and non-Ricardian consumers

Leith, Campbell; Thadden, Leopold von - 2006

This paper develops a small New Keynesian model with capital accumulation and government debt dynamics. The paper discusses the design of simple monetary and fiscal policy rules consistent with determinate equilibrium dynamics in the absence of Ricardian equivalence. Under this assumption,...