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Money and banking in a cash-in-advance economy
Englund, Peter - In: International economic review 29 (1988) 4, pp. 681-705
Persistent link: https://www.econbiz.de/10001056050
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Money and banking in a cash-in-advance economy
Englund, Peter; Svensson, Lars E. O. - 1985
Persistent link: https://www.econbiz.de/10013359528
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Monetary policy with model uncertainty: distribution forecast targeting
Svensson, Lars E. O.; Williams, Noah - 2005
-looking models; time-varying central-bank judgment about the state of model uncertainty; and so forth. We provide an algorithm for …
Persistent link: https://www.econbiz.de/10010295780
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Opting out of the great inflation: German monetary policy after the breakdown of Bretton Woods
Beyer, Andreas; Gaspar, Vítor; Gerberding, Christina; … - 2009
international financial system. Eventually the Bundesbank provided the role model for the European Central Bank. Hence, we examine … policy over the period 1975-1998. We compare the Bundesbank's monetary policy rule with those of the FED and of the Bank of …
Persistent link: https://www.econbiz.de/10010298759
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Opting out of the great inflation: German monetary policy after the break down of Bretton Woods
Beyer, Andreas; Gaspar, Vítor; Gerberding, Christina; … - 2008
international financial system. Eventually the Bundesbank provided the role model for the European Central Bank. Hence, we examine … policy over the period 1975-1998. We compare the Bundesbank's monetary policy rule with those of the FED and of the Bank of …
Persistent link: https://www.econbiz.de/10010303730
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Monetary policy with judgment: forecast targeting
Svensson, Lars E. O. - 2005
“Forecast targeting,” forward-looking monetary policy that uses central-bank judgment to construct optimal policy …, including the central bank’s judgment. It cannot be summarized as a simple reaction function such as a Taylor rule. Fortunately …
Persistent link: https://www.econbiz.de/10011604522
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Opting out of the Great Inflation: German monetary policy after the break down of Bretton Woods
Beyer, Andreas; Gaspar, Vítor; Gerberding, Christina; … - 2009
international financial system. Eventually the Bundesbank provided the role model for the European Central Bank. Hence, we examine … policy over the period 1975-1998. We compare the Bundesbank's monetary policy rule with those of the FED and of the Bank of …
Persistent link: https://www.econbiz.de/10011605066
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The monetary policy of the European Central Bank : strategy and implementation ; the European Monetary Union
Issing, Otmar - In: CESifo Forum 01 (2000) 2, pp. 3-9
Persistent link: https://www.econbiz.de/10011695617
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Lessons for monetary policy: What should the consensus be?
Issing, Otmar - 2011
This paper outlines important lessons for monetary policy. In particular, the role of inflation targeting, which was much acclaimed prior to the financial crisis and since then has not lost much of its endorsement, is critically reviewed. Ignoring the relation between monetary policy and asset...
Persistent link: https://www.econbiz.de/10010308567
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Central banks: Paradise lost
Issing, Otmar - 2012
Persistent link: https://www.econbiz.de/10010311802