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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
Arbeitsstunden und Löhnen in dieser Zeit erklären. Abschließend wird die Rolle der Geldpolitik während Aktienmarktbooms diskutiert …
Persistent link: https://www.econbiz.de/10009467149
untersuchen wir die Rolle der Geldpolitik während der Weltwirtschaftskrise in den USA. Die besondere Rolle der Geldpolitik gilt … Effekte der systematischen Komponente der Geldpolitik an. Wir finden heraus, dass der Anteil der Geldpolitik insgesamt zwar …
Persistent link: https://www.econbiz.de/10009467170
-Board-Systeme das Zeitinkonsistenzproblem der Geldpolitik lösen, da aufgrund ihrer gesetzlichen Verankerung eine überraschende … Zeitinkonsistenz­problem der Geldpolitik dominant ist, und dies obwohl asymmetrische Schocks nicht stabilisiert werden können. Eine … strengthening the Stability and Growth Pact. Monetary leadership is likely to hold in the Euro area, as the European Central Bank …
Persistent link: https://www.econbiz.de/10009476166
of information is in the central bank's interest, it is possible for the central bank to alleviate information … publication of the voting records of the central bank council is socially beneficial, when central bankers differ either with …, we also examine the question of whether the transparency of the central bank's objectives is desirable from a social …
Persistent link: https://www.econbiz.de/10009476206
realwirtschaftlich wirksamen, langfristig jedoch neutralen Geldpolitik inzwischen nahezu selbstverständlich akzeptiert zu sein … affects aggregate demand and enables the central bank to target inflation - the system does not face a trade-off between real …
Persistent link: https://www.econbiz.de/10009451189
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
welfare through their decisions. Yet, cases of central bank corruption abound. The dissertation provides examples of ?pure … bank employees and governors, even though corruption in the central bank is obviously possible. By the very nature of their … exchange market, future interest rates, or the details of new tender offers the central bank intends to make is very valuable …
Persistent link: https://www.econbiz.de/10009484798
to vary over time.This thesis is designed to provide the reader with essential issues of central bank interventions, and …. The main objectives of this study are the analysis of central bank intervention motives, and the corresponding effects on … academic research of central bank interventions. Additionally, the outcomes are discussed against the background of underlying …
Persistent link: https://www.econbiz.de/10009433706
einer Dominanz der Geldpolitik als Angebotsschock erklärt werden. Zu einem großen Teil bleibt die identifizierte …
Persistent link: https://www.econbiz.de/10009433722