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Persistent link: https://www.econbiz.de/10013269793
Households' and firms' subjective inflation expectations play a central role in macroeconomic and intertemporal microeconomic models. We discuss how subjective inflation expectations are measured, the patterns they display, their determinants, and how they shape households' and firms' economic...
Persistent link: https://www.econbiz.de/10013271201
integrated analysis of money, finance and macroeconomics and its application to changing institutional and historical …
Persistent link: https://www.econbiz.de/10011560674
consumption function and the demand for money, not to mention monetary history, which helped to undermine the post World War 2 … case for a money growth rule, and the expectations augmented Phillips curve are then taken up, followed by a discussion of …
Persistent link: https://www.econbiz.de/10010291906
Households' and firms' subjective inflation expectations play a central role in macroeconomic and intertemporal microeconomic models. We discuss how subjective inflation expectations are measured, the patterns they display, their determinants, and how they shape households' and firms' economic...
Persistent link: https://www.econbiz.de/10013351930
Persistent link: https://www.econbiz.de/10012498935
the current predicament. -- financial crisis ; investment ; monetary and fiscal policies …
Persistent link: https://www.econbiz.de/10009501890
Persistent link: https://www.econbiz.de/10000801447
Persistent link: https://www.econbiz.de/10010479415
In this paper, we conduct a theoretical analysis of personal taxes (defined to include consumption and income taxes … policy recommendations about how to reform personal taxes in Japan. We find that the structure of Japan's current consumption …
Persistent link: https://www.econbiz.de/10010332244