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economy. While about half of all studies for the United States find a significant effect of unemployment and inflation on … choice of the sample period is of crucial importance. While in the very long run we find unemployment and inflation to have a …
Persistent link: https://www.econbiz.de/10011056301
Im Jahr 2012 stiegen die Verbraucherpreise in Deutschland um 2,1%. Insgesamt sind die Preise seit der Wiedervereinigung … Verhältnis der Deutschen zur Inflation wider. Die Medien sprechen von der „German Angst“. Sowohl die Erfahrungen der frühen 20er …
Persistent link: https://www.econbiz.de/10010877512
In command economies, inflation is either absent or at least unrelated to supply and demand. However, when the … economies in Eastern Europe started transforming into market economies, they suddenly experienced high and volatile inflation … rates. Transformation countries are therefore interesting laboratories for studying individual inflation aversion. In this …
Persistent link: https://www.econbiz.de/10010930599
Persistent link: https://www.econbiz.de/10009225833
According to the game-theoretic model of monetary policy, inflation is the consequence of time-inconsistent behavior of … the monetary authority. The inflation bias can be eased by handing over the responsibility for monetary policy to an …
Persistent link: https://www.econbiz.de/10005091365
Most central banks around the globe have the primary task to fight inflation. In the light of the fact that at least … moderate inflation turns out to have little effect on the economy this is somewhat surprising. In order to understand why many … countries have installed central banks which (almost exclusively) focus on fighting inflation it is necessary to understand why …
Persistent link: https://www.econbiz.de/10010583835