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Britain in the international economy : [1870 - 1939]
Broadberry, Stephen N. (contributor) - 2009 - This digitally printed version
Persistent link: https://www.econbiz.de/10003872734
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Price-making and last-resort market-making in gilts
Allen, William A. - 2024
Persistent link: https://www.econbiz.de/10014547088
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Fiscal policy in the macroeconomic policy mix : a critique of the new consensus model and a comparison of macroeconomic policies in France, Germany, the UK and Sweden from a post-K...
Hein, Eckhard; Truger, Achim - 2008
development, albeit the whole macroeconomic policy-mix of monetary, fiscal and wage policies as well as open economy conditions … are not the whole story, monetary policies, wage policies and open economy conditions matter as well. … ausschließlichen Konzentration auf die Geldpolitik als Stabilisierungsinstrument, wegen seiner mangelhaften Berücksichtigung der Rolle …
Persistent link: https://www.econbiz.de/10003744540
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The political economy under monetary union: has the euro made a difference?
Fratzscher, Marcel; Stracca, Livio - 2008
Economic and Monetary Union (EMU) has transformed Europe and has created an integrated pan-European economy. Much … political economy channel of EMU as the monetary union implies that member states had to transfer or at least curtail their … impact of political shocks on the domestic economy of member states but magnified the transmission of political shocks within …
Persistent link: https://www.econbiz.de/10003794175
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Rethinking potential output : embedding information about the financial cycle
Borio, Claudio E. V.; Disyatat, Piti; Juselius, Mikael - 2013
This paper argues that incorporating information about the financial cycle is important to improve measures of potential output and output gaps. Conceptually, identifying potential output with non-inflationary output is too restrictive. Potential output is seen as sustainable; yet experience...
Persistent link: https://www.econbiz.de/10009735518
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Spillovers from tax shocks to the euro area
Mierzwa, Sascha - 2021 - This version: 07 September 2021
I study the spill-over effects of legislated discretionary tax changes in the United States, Germany, and the United Kingdom to 11 Eurozone countries for the period 1980Q1-2018Q4 employing Local Projections (Jordà, 2005). In general, I find spillovers from US tax legislation to have the...
Persistent link: https://www.econbiz.de/10012649097
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Where next for monetary policy? : lessons from the financial crisis and the pandemic
Minford, Patrick - 2023
Monetary developments of recent decades began with much promise with inflation targeting by independent central banks; the financial crisis of 2007 ushered in a period of great monetary instability. There are lessons for a return to more stability. Central banks need to stabilize money supply...
Persistent link: https://www.econbiz.de/10014433376
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Finland and its Northern peers in the great recession
Suni, Paavo; Vihriälä, Vesa - 2016
Persistent link: https://www.econbiz.de/10011428219
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The lessons from QE and other "unconventional" monetary policies : evidence from the Bank of England
Lyonnet, Victor; Werner, Richard A. - 2011 - This Version: June 29, 2011
indicates that QE as defined and announced in March 2009 had no apparent effect on the UK economy. Meanwhile, it is found that a …
Persistent link: https://www.econbiz.de/10009356677