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the Euro-zone. Moreover, the EMU creates conditions for economic and monetary stability all over Europe which allows for …
Persistent link: https://www.econbiz.de/10009478178
einer Dominanz der Geldpolitik als Angebotsschock erklärt werden. Zu einem großen Teil bleibt die identifizierte … subsectors, at least not given the used identification strategy. This could be due to the fact that this theory regards the …
Persistent link: https://www.econbiz.de/10009433722
The Central Bank of Turkey (TCMB) has a significant power on aggregate demand and inflation expectation via monetary policy tools. While deciding monetary policies it’s a crucial question and a discussion topic for TCMB (Turkish Republic Central Bank) if the policy makers should take into...
Persistent link: https://www.econbiz.de/10011529234
Information asymmetries seem to play an important role in monetary economics. We consider three forms of information transmission which can be used to alleviate these information asymmetries. First, if information is verifiable or the publication of information is in the central bank's interest,...
Persistent link: https://www.econbiz.de/10009476206
realwirtschaftlich wirksamen, langfristig jedoch neutralen Geldpolitik inzwischen nahezu selbstverständlich akzeptiert zu sein … Dilemma der Europäischen Zentralbank hin. Kapitel 10 vergleicht die Veränderung der nationalen Produktionsfaktoren vor dem …Macroeconomic theory often strictly separates cyclical analysis from trend analysis. Whereas the former is identified …
Persistent link: https://www.econbiz.de/10009451189
Šiame darbe nagrinėjama, kokią reikšmę turi Lietuvos banko (LB) vykdoma pinigų politika šalies ekonomikai ir kaip priimti sprendimai veikia ekonomikos augimą, nedarbo lygį bei kainų stabilumą. Ekonomikos augimas čia matuojamas bendrojo vidaus produkto augimu, o kainų stabilumas -...
Persistent link: https://www.econbiz.de/10009478676
Durante los meses de marzo y abril de 2020, el Banco Central Europeo (BCE) tomó una serie de medidas de política monetaria destinadas a proporcionar apoyo de liquidez al sistema financiero y facilitar el acceso a la financiación a la economía real para mitigar los efectos económicos...
Persistent link: https://www.econbiz.de/10012666473
Durante los meses de marzo y abril de 2020, el Banco Central Europeo (BCE) tomó una serie de medidas de política monetaria destinadas a proporcionar apoyo de liquidez al sistema financiero y facilitar el acceso a la financiación a la economía real para mitigar los efectos económicos...
Persistent link: https://www.econbiz.de/10012666479
This paper argues that when EU member states joined EMU, this resulted in domestic institutional changes in the areas of fiscal policy-making and wage-setting. The paper argues that these changes were triggered by two facts: (i) in EMU, the monetary policy can no longer be used as an instrument...
Persistent link: https://www.econbiz.de/10009463689
’s weakness in front of eurozone politicians claiming a more accommodative policy to offset the euro’s trend appreciation. In …
Persistent link: https://www.econbiz.de/10009463707