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Zero Lower Bound and Monetary Policy in the Euro Area : Optimal Monetary Policy in a Low Inflation Environment
Protze, Lars - 2008 - 1st ed.
Central banks around the world try to influence economic activity by altering nominal interest rates which will have an effect on the real rate. However, this is only possible as long as interest rates are above zero. The case of Japan showed that monetary policy was helpless as nominal rates...
Persistent link: https://www.econbiz.de/10012689033
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New Chicago views on inflation control : the Neo-Fisherian approach and the fiscal theory of the price level
Spahn, Peter - In: Credit and capital markets : Kredit und Kapital 52 (2018) 1, pp. 69-87
Persistent link: https://www.econbiz.de/10012111382
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Changes in the inflation target and the comovement between inflation and the nominal interest rate
Eo, Yunjong; Lie, Denny - 2020
Persistent link: https://www.econbiz.de/10013362821
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Interest rate rules, forward guidance rules and the zero lower bound on nominal interest rates in a cost channel economy
Pathberiya, Lasitha R. C. - 2018
Persistent link: https://www.econbiz.de/10011884404
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Inflation and social welfare in a new Keynesian model : the case of Japan and the U.S.
Mineyama, Tomohide; Hirata, Wataru; Nishizaki, Kenji - 2019
Persistent link: https://www.econbiz.de/10012181762
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Inflation tolerance ranges in the New Keynesian model
Le Bihan, Hervé; Marx, Magali; Matheron, Julien - In: European economic review : EER 153 (2023), pp. 1-19
Persistent link: https://www.econbiz.de/10014430890
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A monetary-fiscal theory of sudden inflations and currency crises
Miller, David S. - 2021
Persistent link: https://www.econbiz.de/10012609643
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QE in the fiscal theory : a risk-based view
Corhay, Alexandre; Kung, Howard; Morales, Gonzalo - 2017
liabilities differ, rebalancing the maturity structure changes the government cost of capital. In the fiscal theory, changes in …
Persistent link: https://www.econbiz.de/10011721588
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Dissecting fiscal multipliers under the fiscal theory of the price level
Beck-Friis, Peder; Willems, Tim - In: European economic review : EER 95 (2017), pp. 62-83
Persistent link: https://www.econbiz.de/10011812008
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A fiscal theory of monetary policy with partially-repaid long-term debt
Cochrane, John H. - In: Review of economic dynamics 45 (2022), pp. 1-21
Persistent link: https://www.econbiz.de/10013346983