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This paper discusses the velocities of escaped savings and financial liquidity, as well as the minimum mixed savings. This means that examined the behavior of the money cycle under normal conditions, due to the velocity of mixed savings at their lower level and the velocity of financial...
Persistent link: https://www.econbiz.de/10014344246
replicate many important stylized facts of the business cycle. The reactions to monetary and real shocks become much more …
Persistent link: https://www.econbiz.de/10010278017
replicate many important stylized facts of the business cycle. The reactions to monetary and real shocks become much more …
Persistent link: https://www.econbiz.de/10003937114
Emissions trading mechanisms have been proposed, and in some cases implemented, as a tool to reduce pollution. We explore the similarities between emission-trading mechanisms and monetary mechanisms. Both attempt to implement desirable allocations under various frictions, including risk and...
Persistent link: https://www.econbiz.de/10010246055
This article considers the empirical record of the 1942-1951 period of Federal Reserve history when the Fed was more politically accountable and more independent of private financial interests. During the 1940s, federal spending was nearly twice as high as today, and federal borrowing was more...
Persistent link: https://www.econbiz.de/10013128342
The main focus of the present paper is to analyze the impacts of financial policy on inflation rates. The analysis depended on time series data and was divided into theoretical and applied analytical framework. An econometric model was utilized to reflect the relations between financial policy...
Persistent link: https://www.econbiz.de/10013107752
The present paper aims to analyze impacts of financial policy on the foreign currencies exchange rates. The study utilizes time series data analyses in order to reach better econometric model that may reflect the relationship between financial policy and foreign exchange rates in Sudan between...
Persistent link: https://www.econbiz.de/10013107990
This Article focuses on the U.S. Federal Reserve's controversial practice of loaning U.S. dollars to foreign central banks, which the foreign central banks then turn around and loan to institutions in their jurisdictions. The Federal Reserve does not know the identity of these recipient...
Persistent link: https://www.econbiz.de/10013085933
Persistent link: https://www.econbiz.de/10013089349
Persistent link: https://www.econbiz.de/10013089439