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Development of an explicit rule of monetary policy for the economy of Ukraine

Kozmenko, Serhiy; Savchenko, Taras - In: Investment management and financial innovations 10 (2013) 1, pp. 8-19

Persistent link: https://www.econbiz.de/10010147445

The New Keynesian Phillips Curve in an inflation targeting country : the case of Turkey

Gozgor, Giray - In: International journal of economic sciences and applied … 6 (2013) 1, pp. 7-18

The possible short-run trade-off between the inflation (gap) and the output (gap) remains a critical policy issue for any emerging economy; particularly when an implicit or an explicit inflation targeting monetary policy is considered. The New Keynesian Phillips Curve (NKPC) has recently set up...

Persistent link: https://www.econbiz.de/10010160677

Net worth ratio and financial instability

Watanabe, Toshio - In: Journal of economic structures : JES; the official … 2 (2013), pp. 1-18

formulate a model of financing. New Keynesian theory emphasizes that a firm’s net worth influences investment decisions and … bank’s lending reaction to the net worth ratio is more elastic than investment reaction. When the steady state is the …

Persistent link: https://www.econbiz.de/10010186054