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Relative price changes as supply shocks : evidence from U.S. cities
Nath, Hiranya K. - In: Quarterly journal of business and economics : QJBE 41 (2002) 3/4, pp. 3-20
Persistent link: https://www.econbiz.de/10002073283
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Relative Price Changes as Supply Shocks : Evidence from U.S. Cities
Nath, Hiranya K. - 2014
-side theory of inflation that takes the distribution of relative price changes as an aggregate supply shock. The results indicate … that the positive correlation between inflation and relative price variability is a robust empirical regularity that gives … some credibility to the supplyside theory of inflation. During the early 1980s this relationship, though positive, weakens …
Persistent link: https://www.econbiz.de/10012751317
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Monetary policy and the relative price of durable goods
Cantelmo, Alessandro; Melina, Giovanni - 2015
In a VAR model of the US, the response of the relative price of durables to a monetary contraction is either flat or mildly positive. It significantly falls only if narrowly defined as the ratio between new house and nondurables prices. These findings survive three identification strategies and...
Persistent link: https://www.econbiz.de/10010515460
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COVID-19 and monetary policy with zero bounds : a cross-country investigation
Yilmazkuday, Hakan - 2021
Persistent link: https://www.econbiz.de/10012603182
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Essays in international macroeconomics
Scholl, Almuth - 2006
Persistent link: https://www.econbiz.de/10003315521
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The importance of global shocks for national policymakers : rising challenges for central banks
Belke, Ansgar; Rees, Andreas - 2010 - This version: February 12, 2010
Persistent link: https://www.econbiz.de/10008907407
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Policy choices and resilience to international monetary shocks
Han, Xuehui; Wei, Shang-jin - In: Global economic review 43 (2014) 4, pp. 319-337
Persistent link: https://www.econbiz.de/10010511625
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The Importance of Global Shocks for National Policy Makers - Rising Challenges for Central Banks
Belke, Ansgar Hubertus - 2009
We analyze the importance of global shocks for the global economy and national policy makers. More specifically, we investigate whether monetary policy has become less effective in the wake of financial globalization. We also examine whether there is increasing uncertainty for central banks due...
Persistent link: https://www.econbiz.de/10013155344
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COVID-19 and Monetary Policy with Zero Bounds : A Cross-Country Investigation
Yilmazkuday, Hakan - 2020
monetary policy reaction function of central banks during the Coronavirus Disease 2019 (COVID-19). Since inflation is mostly …
Persistent link: https://www.econbiz.de/10012834400
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Monetary Policy in a Data-Rich Environment
Bernanke, Ben; Boivin, Jean - 2021
actions are explained solely by its forecasts of inflation and real activity. Finally, we explore the possibility of …
Persistent link: https://www.econbiz.de/10013226548