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This paper outlines important lessons for monetary policy. In particular, the role of inflation targeting, which was … financial stability. Finally, this paper makes a case against increasing the central banks' inflation target. -- Inflation …
Persistent link: https://www.econbiz.de/10009127161
Persistent link: https://www.econbiz.de/10009486309
This paper outlines important lessons for monetary policy. In particular, the role of inflation targeting, which was … financial stability. Finally, this paper makes a case against increasing the central banks’ inflation target …
Persistent link: https://www.econbiz.de/10014401288
Persistent link: https://www.econbiz.de/10014460047
Persistent link: https://www.econbiz.de/10003847601
rate parity and the quantity theory were all present. The economics of Imperial China witnessed boom and bust, inflation …"We discuss monetary thought in ancient China from the perspective of Western monetary theory. It sets out the … structure of economic activity in the various dynasties of ancient China and emphasizes the differences in monetary structure …
Persistent link: https://www.econbiz.de/10003981889
Persistent link: https://www.econbiz.de/10001585163
relative merits of ownership and use taxes. The proposed model is used to evaluate traffic control policies in Singapore and …
Persistent link: https://www.econbiz.de/10001762506
it was a period in which inflation had come down from rather high levels. Growth and employment were at least satisfying …
Persistent link: https://www.econbiz.de/10011540869
In the wake of the Global Financial Crisis that started in 2007, policymakers were forced to respond quickly and forcefully to a recession caused not by short-term factors, but rather by an over-accumulation of debt by sovereigns, banks, and households: a so-called "balance sheet recession."...
Persistent link: https://www.econbiz.de/10010362902