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Long-run links among money, prices, and output : world-wide evidence
Herwartz, Helmut; Reimers, Hans-Eggert - 2001
Regarding inflation as being a monetary phenomenon in the long-run is a widely-held view in modern macro economics. We analyse this topic by means of a P-star model. Based on the quantity theory of money, this approach explains inflation via a supposed equilibrium price level (P-star), which...
Persistent link: https://www.econbiz.de/10011419407
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Long-run links among money, prices, and output : world-wide evidence
Herwartz, Helmut; Reimers, Hans-Eggert - 2001
Regarding inflation as being a monetary phenomenon in the long-run is a widely-held view in modern macro economics. We analyse this topic by means of a P-star model. Based on the quantity theory of money, this approach explains inflation via a supposed equilibrium price level (P-star), which...
Persistent link: https://www.econbiz.de/10001619025
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Monetary policy and the German unemployment problem in macroeconomic models : theory and evidence
Gottschalk, Jan - 2005
Persistent link: https://www.econbiz.de/10002678278
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Monetary Policy and the German Unemployment Problem in Macroeconomic Models : Theory and Evidence
Gottschalk, Jan (contributor) - 2005
Having the high unemployment in Germany in mind, this book discusses how macroeconomic theory has evolved over the past forty years. It shows that in recent years a convergence has taken place, with modern models embodying a Keynesian transmission mechanism, monetarist policy implication, and...
Persistent link: https://www.econbiz.de/10014014221
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Gesamtwirtschaftliche Folgen von Vermögensblasen im internationalen Vergleich
Bandholz, Harm - 2006
Aktienkurs- und Immobilienpreisänderungen auf das Bruttoinlandsprodukt und seine Komponenten, die Inflationsrate, die Geldpolitik … und das Kreditvolumen in Deutschland, Großbritannien, Japan und den Vereinigten Staaten gesucht. Zusätzlich werden … Aktienkurs- und Immobilienpreisänderungen auf das Bruttoinlandsprodukt und seine Komponenten, die Inflationsrate, die Geldpolitik …
Persistent link: https://www.econbiz.de/10003301732
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Essays on macroeconomic theory as a guide to economic policy
Ried, Stefan - 2009
Persistent link: https://www.econbiz.de/10003947976
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Der Zusammenhang zwischen Inflation und Output in Deutschland unter besonderer Berücksichtigung der Inflationserwartungen
Reckwerth, Jürgen - 1997
Persistent link: https://www.econbiz.de/10000640664
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Inflation and output in Germany : the role of inflation expectations
Reckwerth, Jürgen - 1997
The observation, analysis and forecasting of inflationary trends is of particular interest to all economic agents -not just to institutions with monetary policy tasks. Almost all central banks have specified a price target as the final goal of monetary policy, for example, and some central banks...
Persistent link: https://www.econbiz.de/10010470306
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Der Zusammenhang zwischen Inflation und Output in Deutschland unter besonderer Berücksichtigung der Inflationserwartungen
Reckwerth, Jürgen - 1997
Endziel der Geldpolitik vorgegeben und einige Zentralbanken verwenden darüber hinaus Inflationsprognosen als Zwischenziele …
Persistent link: https://www.econbiz.de/10010470307