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Inflation and Monetary Policy in Russia in November 2012
Luksha, Natalia - 2013
In November 2012, RF Minister of Defense Anatoly Serdiukov, accused of abetting corruption in his ministry, was sacked from office; former Deputy Minister of Regional Development was arrested; criminal proceedings against the managers of Rostelekom and the former top officials of the RF Ministry of...
Persistent link: https://www.econbiz.de/10013089278
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International interest rate linkages and monetary police : a Canadian perspective
Murray, John D.; Khemani, Ritha - 1989
Persistent link: https://www.econbiz.de/10000137616
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Did Fire, Police, and EMS Departments Take Advantage of the 9/11 Attacks to Get More Money?
Brasington, David M. - 2018
, police, and EMS departments sense an opportunity to increase their funding after the highly-publicized rescue efforts? We … find no evidence of more frequently proposed tax levies as a result of 9/11. However, we find that fire and police … departments asked for 25% and 39% larger tax levies. Support for police levies was essentially unchanged, and voters decreased …
Persistent link: https://www.econbiz.de/10012924943
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Sudden surges and macroprudential policies
Bandaogo, Mahama Samir; Lartey, Emmanuel - In: Applied economics letters 28 (2021) 1, pp. 43-48
Persistent link: https://www.econbiz.de/10012415053
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Chapter 17. The Interaction Between Monetary and Fiscal Policy
Canzoneri, Matthew; Cumby, Robert; Diba, Behzad - In: Handbook of monetary economics : volume 3, (pp. 935-999). 2010
Our chapter reviews positive and normative issues in the interaction between monetary and fiscal policy, with an emphasis on how views on policy coordination have changed over the last 25 five years. On the positive side, noncooperative games between a government and its central bank have given...
Persistent link: https://www.econbiz.de/10014025625
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Monetary persistence and the labor market : a new perspective
Lechthaler, Wolfgang (contributor);  … - 2008
introduction of labor turnover costs (such as hiring and firing costs). Assuming that it is costly to hire and fire workers implies … and firing costs …
Persistent link: https://www.econbiz.de/10003719627
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The bank, the bank-run, and the central bank : the impact of early deposit withdrawals in a new Keynesian framework
Totzek, Alexander (contributor) - 2008
Currently, private trust in commercial banks declines as a consequence of today’s financial crisis. As past crises, e.g. the Asian crisis, show, the loss of confidence in the financial sector typically causes private agents to withdraw their capital from financial institutions. Thus, the...
Persistent link: https://www.econbiz.de/10003794089
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On the non-optimality of information : an Analysis of the welfare effects of anticipated shocks in the New Keynesian model
Wohltmann, Hans-Werner (contributor);  … - 2008
This paper compares the welfare effects of anticipated and unanticipated cost-push shocks in the canonical New Keynesian model with optimal monetary policy. We find that, for empirically plausible degrees of nominal rigidity, the anticipation of a future cost-push shock leads to a higher welfare...
Persistent link: https://www.econbiz.de/10003794092
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Labor turnover costs, workers' heterogeneity and optimal monetary policy
Faia, Ester; Lechthaler, Wolfgang; Merkl, Christian - 2009
We study the design of optimal monetary policy in a New Keynesian model with labor turnover costs in which wages are … zero and the optimal volatility of inflation is an increasing function of firing costs. The optimal rule should react to … employment alongside inflation. -- Optimal monetary policy ; hiring and firing costs ; labor market frictions ; policy trade-off …
Persistent link: https://www.econbiz.de/10003864487
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Labor turnover costs, workers' heterogeneity, and optimal monetary policy
Faia, Ester; Lechthaler, Wolfgang; Merkl, Christian - 2009
We study the design of optimal monetary policy in a New Keynesian model with labor turnover costs in which wages are … zero and the optimal volatility of inflation is an increasing function of firing costs. The optimal rule should react to … employment alongside inflation. -- Optimal monetary policy ; hiring and firing costs ; labor market frictions ; policy trade-off …
Persistent link: https://www.econbiz.de/10003879356