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Customer Markets and the Real Effects of Monetary Policy Shocks
Hristov, Nikolay - 2008
In recent years the New Keynesian Model with price stickiness of the Calvo type has become the most widely used theoretical framework for addressing various normative issues such as how optimal monetary and fiscal policy should be conducted. However, the New Keynesian Model has been criticized...
Persistent link: https://www.econbiz.de/10009482289
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Corruption and Central Banks
Schinke, Michael - 2005
Diese Arbeit widmet sich der Analyse korrupter Strukturen in Zentralbanken und deren Auswirkungen auf die Geldpolitik …
Persistent link: https://www.econbiz.de/10009484798
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AN EMPIRICAL STUDY OF SIMPLE SUM AND DIVISIA MONETARY AGGREGATION: A COMPARISON OF THEIR PREDICTIVE POWER REGARDING PRICES AND OUTPUT IN TURKEY
Karaman, Dogan - 2009
information in predicting inflation and output in Turkey. Divisia aggregates have superior information content in predicting …
Persistent link: https://www.econbiz.de/10009430936
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Ratlose Regierungen?! : Sozial- und Wirtschaftspolitik unter dem Druck der Weltmärkte
Franke, Siegfried F. - 2007
Die Globalisierung ist ein uraltes Phänomen – wer will, kann sie sogar aus derSchöpfungsgeschichte des Alten Testaments herauslesen: Mose 1, Kap. 1, Vers. 28:„Und Gott segnete sie [Mann und Frau] und sprach zu ihnen: Seid fruchtbar undmehret euch und füllet die Erde und machet sie euch...
Persistent link: https://www.econbiz.de/10009467502
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Robust Control and Persistence in New Keynesian Monetary Policy Analysis
Paetz, Michael - 2007
von gestörten Modellen um das Referenzmodell und wählt die optimale Geldpolitik so, dass diese im ungünstigsten Modellfall … geldpolitisches Instrument beinhaltet. Wesentlich für die Herleitung der optimalen Geldpolitik ist die Persistenz in der Inflations … zwischen Geldpolitik und verschiedenen Arten von Unsicherheit verdeutlicht, bevor in Kapitel 3 die derzeitige state …
Persistent link: https://www.econbiz.de/10009449715
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Inflation targeting in emerging countries: the exchange rate issues
Auernheimer, Leonardo (contributor) - 2003
The current discussion of Inflation Targeting (IT) in emerging economies deals with the effects that nominal exchange rate movements have on the overall inflation rate. The literature has focused in the analysis of the advantages and disadvantages that IT has with respect to other monetary...
Persistent link: https://www.econbiz.de/10009465021
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Inflation and Economic Growth: A Cross-Country Non-linear Analysis
Pollin, Robert; Zhu, Andong - 2005
This paper presents new non-linear regression estimates of the relationship between inflation and economic growth for 80 countries over the period 1961 – 2000. We perform tests using the full sample of countries as well as sub-samples consisting of OECD countries, middle-income countries, and...
Persistent link: https://www.econbiz.de/10009467896
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Europos Centrinio banko veiklos teisinis reguliavimas
Narbutaitė, Gema - 2006
The replacement of a multi-currency system by a single currency on the basis of the European Economic and Monetary Unit is the stage in the same integration and convergence process; monetary policy that recently was the matter of each state was handed over to the European Central Bank. A...
Persistent link: https://www.econbiz.de/10009478178
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Infliacijos teisinė analizė
Seniut, Eva - 2007
A high inflation rate is the main obstacle prohibiting euro lead into the state, that‘s why the inflation theme is the urgent one. We analyzed the inflation not only from the economic perspective, but from the legal side too. The changes of property forms, legal tends, extent of inflation,...
Persistent link: https://www.econbiz.de/10009478992
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The transmission mechanism of monetary policy in Botswana
Kganetsano, Tshokologo A. - 2007
Macroeconomic stability is one of the most important national objectives in anycountry. However, economies are often subjected to a number of shocks(internal and external), which can be destabilising, produce volatility and make itdifficult to achieve and maintain economic stability....
Persistent link: https://www.econbiz.de/10009461171