Similar Search Results

Does low inflation pose a risk to economic growth and central banks reputation?

Dąbrowski, Marek - 2020

Inflation in advanced economies is low by historical standards but there is no threat of deflation. Slower economic growth is caused by supply-side constraints rather than low inflation. Below-the-target inflation does not damage the reputation of central banks. Thus, central banks should not...

Persistent link: https://www.econbiz.de/10012230450

Assessing the sources of changes in the volatility of real growth

Cecchetti, Stephen G.; Flores-Lagunes, Alfonso; Krause, … - 2006

Persistent link: https://www.econbiz.de/10003281772

Assessing the sources of changes in the volatility of real growth

Cecchetti, Stephen G.; Flores-Lagunes, Alfonso; Krause, … - In: The changing nature of the business cycle : proceedings …, (pp. 115-138). 2005

Persistent link: https://www.econbiz.de/10003308869

Assessing the Sources of Changes in the Volatility of Real Growth

Cecchetti, Stephen G.; Flores-Lagunes, Alfonso; Krause, … - 2021

In much of the world, growth is more stable than it once was. Looking at a sample of twentyfive countries, we find that …

Persistent link: https://www.econbiz.de/10013215364

Assessing the Sources of Changes in the Volatility of Real Growth

Cecchetti, Stephen G. - 2006

In much of the world, growth is more stable than it once was. Looking at a sample of twentyfive countries, we find that …

Persistent link: https://www.econbiz.de/10012466725

Can the Great Moderation Explain the Lower Output Volatility across the World?

Coric, Bruno - 2011

in the United States is not likely to be the main source of low output volatility across the world in this period …

Persistent link: https://www.econbiz.de/10013133375

Booms, Crises, and Recoveries : A New Paradigm of the Business Cycle and its Policy Implications

Cerra, Valerie - 2018

All types of recessions, on average, not just those associated with financial and political crises (as in Cerra and Saxena, AER 2008), lead to permanent output losses. These findings have far-reaching conceptual and policy implications. A new paradigm of the business cycle needs to account for...

Persistent link: https://www.econbiz.de/10012928622

Nicht zu früh bremsen! : der Einfluss der Geldpolitik auf die langfristige Wirtschaftsentwicklung in Deutschland und den USA

Schettkat, Ronald; Sun, Rongrong - 2009

Neutralität von Geldpolitik wurde diese bei der Suche nach den Ursachen europäischer Arbeitslosigkeit verschont. Tatsächlich … Arbeitsmarktinstitutionen. Wir argumentieren, dass das Zusammenwirken negativer Schocks und einer restriktiven Geldpolitik die wesentliche –wenn … Europa war. Die Bundesbank –Europas „Zentralbank“ vor Etablierung der EZB- hat eine asymmetrische Geldpolitik in dem Sinne …

Persistent link: https://www.econbiz.de/10003836155

Output Gap Uncertainty and Real-Time Monetary Policy

Grigoli, Francesco - 2015

Output gap estimates are subject to a wide range of uncertainty owing to data revisions and the difficulty in distinguishing between cycle and trend in real time. This is important given the central role in monetary policy of assessments of economic activity relative to capacity. We show that...

Persistent link: https://www.econbiz.de/10013027622

Central Bank Independence, Inflation and Growth in Transition Economics

Loungani, Prakash; Sheets, Nathan - 1997

This paper documents two empirical relationships that have emerged as the former communist countries have taken steps to transform their economies. First, data from a sample of twelve transition economies suggest that increased central bank independence (CBI) is correlated with lower inflation...

Persistent link: https://www.econbiz.de/10014088421

1
2
3
4
5
6
7
8
9
10
Next
Last