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Money and Production: A Pluralist Analysis
Weir, Diarmid J. G. - 2008
monetary theory of production that integrates the insights of Post-Keynesian monetary theory and the triangular contracts of …
Persistent link: https://www.econbiz.de/10009465939
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Langfristige Neutralität der Geldpolitik?
Schmid, Kai Daniel - 2010
realwirtschaftlich wirksamen, langfristig jedoch neutralen Geldpolitik inzwischen nahezu selbstverständlich akzeptiert zu sein …Macroeconomic theory often strictly separates cyclical analysis from trend analysis. Whereas the former is identified …
Persistent link: https://www.econbiz.de/10009451189
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The sensitivity of south African inflation expectations to surprises
Reid M. - 2009
Price stability is widely recognised as the primary goal of modern monetary policy, and the management of private sector inflation expectations has become an essential channel through which this goal is achieved. This evaluation aims to improve the understanding of how the sensitivity of private...
Persistent link: https://www.econbiz.de/10009480481
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Essays on macroeconomic theory as a guide to economic policy
Ried, Stefan - 2009
Die vorliegende Dissertation zu makroökonomischen Themen beinhaltet einen einleitenden Literaturüberblick, drei eigenständige und voneinander unabhängige Kapitel sowie einen technischen Anhang. In Kapitel zwei wird ein Zwei-Länder Modell einer Währungsunion betrachtet, in dem die...
Persistent link: https://www.econbiz.de/10009467184
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AGENT–BASED KEYNESIAN MACROECONOMICS - An Evolutionary Model Embedded in an Agent–Based Computer Simulation
Oeffner, Marc - 2008
model, which belongs to thefield of monetary theory. Agent-based modeling is an innovative tool thatmade much progress in … other scientific fields like medicine or logistics.In economics this tool is quite new, and in monetary theory to this … Computersimulation, welche im Gebiet der Geldtheorie anzusiedeln ist. Agentenbasierte Computersimulationen sind innovative Werkzeuge, die …
Persistent link: https://www.econbiz.de/10009433699
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Essays on financial markets and the macroeconomy
Mönch, Emanuel - 2006
Charakterisierung der Geldpolitik wird dann die Zinsstruktur unter der Annahme fehlender Arbitragemöglichkeiten hergeleitet. Das …
Persistent link: https://www.econbiz.de/10009467089
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14.452 Macroeconomic Theory II, Spring 2005
Blanchard, Olivier - 2005
The basic machines of macroeconomics. Ramsey, Solow, Samuelson-Diamond, RBCs, ISLM, Mundell-Fleming, Fischer-Taylor. How they work, what shortcuts they take, and how they can be used. Half-term subject. From the course home page: Course Description This is the second course in the four-quarter...
Persistent link: https://www.econbiz.de/10009433264
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Aggregate Information and the Role of Monetary Policy in an Open Economy
Kimbrough, K. P. - 1984
A model of a small open economy in which agents trade in local goods markets and an economy-wide asset market is developed. Purchasing-power parity is assumed to hold at the aggregate level. However, because of local deviations from purchasing-power parity, agents possess differential...
Persistent link: https://www.econbiz.de/10009475597
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Information, Central Bank Communication, and Aggregate Fluctuations
Mendes, Rhys R. - 2008
This thesis examines two closely related issues: (1) the ability of imperfect information models to explain some aspects of business cycle dynamics, and (2) the interaction between central bank communications and monetary policy. These issues are related because central bank communications can...
Persistent link: https://www.econbiz.de/10009455364
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Fiscal policy with endogenous money and interest rate targeting
Hart, Neil - University of Western Sydney; University of Western Sydney; … - 2006
This paper presents a critique of the traditional textbook representation of fiscal policy, and highlights the misleading policy implications perpetuated by this analysis. In particular, the conclusion that fiscal deficits are likely to be associated with higher interest rates is disputed, as is...
Persistent link: https://www.econbiz.de/10009481936