Showing 1 - 10 of 3,572
Persistent link: https://www.econbiz.de/10010423323
Persistent link: https://www.econbiz.de/10012627650
During the turbulent 1970s and 1980s the Bundesbank established an outstanding reputation in the world of central banking. Germany achieved a high degree of domestic stability and provided safe haven for investors in times of turmoil in the international financial system. Eventually the...
Persistent link: https://www.econbiz.de/10010298759
During the turbulent 1970s and 1980s the Bundesbank established an outstanding reputation in the world of central banking. Germany achieved a high degree of domestic stability and provided safe haven for investors in times of turmoil in the international financial system. Eventually the...
Persistent link: https://www.econbiz.de/10010303730
Persistent link: https://www.econbiz.de/10010364624
This paper introduces adaptive learning and endogenous indexation in the New-Keynesian Phillips curve and studies disinflation under inflation targeting policies. The analysis is motivated by the disinflation performance of many inflation-targeting countries, in particular the gradual Chilean...
Persistent link: https://www.econbiz.de/10010298400
This works covers peculiarities of formation of Georgian monetary system in XI-XII centuries and their effect on the international financial and economic relations. In this works we have researched the matters of formation of monetary policy of feudal age and their effect on development of...
Persistent link: https://www.econbiz.de/10011782740
Persistent link: https://www.econbiz.de/10010894234
Galí (2014) showed that a monetary policy rule that raises interest rates in response to bubbles can paradoxically lead to larger bubbles. This comment shows that a central bank that wants to dampen bubbles can always do so by raising interest rates aggressively enough. This result is different...
Persistent link: https://www.econbiz.de/10014316806
Some analysts rank Chile as the only Latin American economy that qualifies as a 'take-off economy,' or development … economy. In a sense, Chile's enduring success and proved insulation from the 'Tequila effect' are due to its high national … savings. What has made Chile's savings so high? What were some key policies implemented? Did the structural and liberalizing …
Persistent link: https://www.econbiz.de/10010944299