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Inflation dynamics : expectations, structural breaks and global factors

Siklos, Pierre L. - 2020

Persistent link: https://www.econbiz.de/10012225237

Inflation dynamics : expectations, structural breaks and global factors

Siklos, Pierre L. - In: Review of Economic Analysis : REA 12 (2020) 2, pp. 203-233

There is no consensus over the importance of "global forces" on inflation. This study explores the role of structural breaks in the inflation process, and their timing, whether it is common across countries, and the extent to which "global forces" are relevant. Three conclusions stand out....

Persistent link: https://www.econbiz.de/10012269197

The macroeconomic response to real and financial factors, commodity prices, and monetary policy : International evidence

Siklos, Pierre L. - In: Economic systems 45 (2021) 1, pp. 1-11

Persistent link: https://www.econbiz.de/10012798128

Natural and Neutral Real Interest Rates : Past and Future

Obstfeld, Maurice - National Bureau of Economic Research - 2023

This paper surveys the decline in real interest rates in advanced and emerging economies over the past several decades, linking that process to a range of global factors that have operated with different force in different periods. The paper argues that estimates of long-run equilibrium real...

Persistent link: https://www.econbiz.de/10014447270

Trading behavior during stock market downturns : the dow, 1915 - 2004

Bohl, Martin T.; Siklos, Pierre L. - 2005

Persistent link: https://www.econbiz.de/10003182791

Trading behavior during stock market downturns : the Dow, 1915 - 2004

Bohl, Martin T. (contributor); Siklos, Pierre L. (contributor) - 2005

Stock markets periodically experience sharp falls with some referred to as outright crashes. The extant literature has generally resorted to survey type evidence to determine the behavior of investors during such episodes. These kind of studies come to the conclusion that fundamentals play...

Persistent link: https://www.econbiz.de/10003074630

Did the Bundesbank react to stock price movements?

Bohl, Martin T.; Siklos, Pierre L.; Werner, Thomas - 2003

In this paper, we investigate the relationship between stock returns and short-term interest rates. Identification of the stock return-interest rate relation is solved by using a new technique that relies on the heteroskedasticity of shocks to stock market returns. We suggest some improvements...

Persistent link: https://www.econbiz.de/10011432162

Monetary policy transparency, public commentary, and market perceptions about monetary policy in Canada

Siklos, Pierre L. - 2000

Die Einführung von Inflationszielen in Kanada im Jahr 1991 verdeutlichte angeblich das Ziel der Geldpolitik, nämlich … Preisstabilität. Mit der neuen Politik sollte unter anderem die Öffentlichkeit fortan den Erfolg der Geldpolitik leichter daran messen … in der öffentlichen Kommentierung der Geldpolitik seit 1991 fairer beurteilt werden." Anhand von Kommentaren in den …

Persistent link: https://www.econbiz.de/10011418878

Central bank credibility : an historical and quantitative exploration

Bordo, Michael D.; Siklos, Pierre L. - In: Central banks at a crossroads : what can we learn from …, (pp. 62-144). 2016

Persistent link: https://www.econbiz.de/10011487253

Monetary policy transmission in systemically important economies and China's impact

Lombardi, Domenico; Siklos, Pierre L.; Xie, Xiangyou - In: Journal of Asian economics 59 (2018), pp. 61-79

Persistent link: https://www.econbiz.de/10012102898