Showing 51 - 60 of 201
Climate change poses significant challenges through rising temperatures, extreme weather events, and the exposure of economic (and societal) systems to these dangers. The irreversible and potentially non-linear nature of climate change, together with evolving technological and policy landscapes,...
Persistent link: https://www.econbiz.de/10014445896
Using three waves of a customised survey among Dutch households, this paper studies the variation in people's views on … inflation. Based on a range of panel regressions, we find that accurate perceptions of recent price changes are an important … determinant of the accuracy of next-year inflation expectations. The realism of inflation perceptions is, in turn, related to the …
Persistent link: https://www.econbiz.de/10012960926
Using three waves of a customised survey among Dutch households, this paper studies the variation in people's views on … inflation. Based on a range of panel regressions, we find that accurate perceptions of recent price changes are an important … determinant of the accuracy of next-year inflation expectations. The realism of inflation perceptions is, in turn, related to the …
Persistent link: https://www.econbiz.de/10012960973
Persistent link: https://www.econbiz.de/10011622311
In this paper, we test whether public preferences for price stability (obtained from the Eurobarometer survey) are … central banks raise rates when society's inflation aversion is above its long-run trend. Second, the reaction to inflation is … non-linearly increasing in the degree of inflation aversion. Third, this emphasis on fighting inflation does not have a …
Persistent link: https://www.econbiz.de/10010294385
We use MPC voting records to predict changes in the volume of asset purchases. We find, first, that minority voting favoring an increase in the volume of asset purchases raises the probability of an actual increase at the next meeting. Second, minority voting supporting a higher Bank Rate...
Persistent link: https://www.econbiz.de/10010294403
In this paper, we explore the determinants of media coverage of Federal Reserve (Fed) communications. Our sample covers all 344 forward-looking communications made in the period May 1999-May 2004. We find, first, that there is a higher likelihood of media coverage for monetary policy reports and...
Persistent link: https://www.econbiz.de/10010333490
of their specific occupational background. Third, party members react significantly less to inflation and more to output …
Persistent link: https://www.econbiz.de/10010333501
This paper retraces how financial stability considerations interacted with U.S. monetary policy before and during the Great Recession. Using text-mining techniques, we construct indicators for financial stability sentiment expressed during testimonies of four Federal Reserve Chairs at...
Persistent link: https://www.econbiz.de/10012052763
This paper retraces how financial stability considerations interacted with U.S. monetary policy before and during the Great Recession. Using text-mining techniques, we construct indicators for financial stability sentiment expressed during testimonies of four Federal Reserve Chairs at...
Persistent link: https://www.econbiz.de/10012140850