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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
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Essays in international macroeconomics
Scholl, Almuth - 2006
Persistent link: https://www.econbiz.de/10003315521
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Modelling state dependence in cross-country panel data
Georgiadis, Georgios - 2012 - 1. Aufl.
Persistent link: https://www.econbiz.de/10009503901
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Inflation targeting regimes, institutional flexibility and growth performance : a Keynesian-Kaldorian perspective in a dynamic panel analysis
Oreiro, José Luís; Rocha, Marcos - In: Análise econômica : revista da Faculdade de Ciências … 29 (2011), pp. 61-93
Persistent link: https://www.econbiz.de/10010411807
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Essays in financial and monetary economics
Bluhm, Marcel - 2011
Persistent link: https://www.econbiz.de/10009269994
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Zooming in on monetary policy : the labor share and production dynamics of two million firms
Fritsche, Jan Philipp; Steininger, Lea - 2021 - This version: August 18, 2021
Conditional on a contractionary monetary policy shock, the labor share of value added is expected to decrease in the basic New Keynesian model. By providing firm-level evidence, we are first to validate this proposition. Using local projections and high dimensional fixed effects, we show that a...
Persistent link: https://www.econbiz.de/10012607460
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Chapter 28 The macroeconomics of agriculture
Ardeni, Pier Giorgio; Freebairn, John - In: Handbook of agricultural economics : volume 2, part A, …, (pp. 1455-1485). 2002
sector and justifies why we can conceive of a macroeconomics of agriculture . The primary sector is characterized by product … — from agriculture to the rest of the economy — forward linkages — from the macroeconomy and the international economy to … agriculture — and second-round feed-back interdependent linkages. Models and studies attempting to quantify the linkages are then …
Persistent link: https://www.econbiz.de/10014024103
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The relationship between central bank independence, financial freedom, and economic growth : a panel ARDL bounds testing approach
Akıncı, Merter; Akıncı, Gönül Yüce; Yılmaz, Ömer - In: Central Bank review / The Central Bank of the Republic … 15 (2015) 3, pp. 1-14
Persistent link: https://www.econbiz.de/10011376206
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Monetary and fiscal management, finance, and growth
Thorvaldur Gylfason - 2004
This lecture addresses three related aspects of monetary and fiscal management in Europe and elsewhere. First, I discuss the implications of economic integration for monetary and fiscal policy, especially the narrow focus on low inflation as the main objective of monetary policy. I argue that...
Persistent link: https://www.econbiz.de/10011404264