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Some inflationary aspects of distributive conflict : reassessing Canadian inflation, part I
Aquanno, Scott; Brennan, Jordan - In: Journal of economic issues : jei 50 (2016) 1, pp. 217-244
Persistent link: https://www.econbiz.de/10011614185
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Monetary Policy and Income Inequality in the United States: The Role of Labor Unions
Kilman, Josefin - 2020
coefficient by 1.7 % when union density is 15 %. I find evidence that both wages and employment are two channels explaining how …
Persistent link: https://www.econbiz.de/10013208873
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Monetary policy and income inequality in the United States : the role of labor unions
Kilman, Josefin - 2020
Persistent link: https://www.econbiz.de/10012510797
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Regional price adjustment in a monetary union
Berk, Jan Marc; Swank, Job - 2002
Using a New-Keynesian framework, we investigate how far the inflationary processes in member states of EMU cause …
Persistent link: https://www.econbiz.de/10011327545
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Why EMU is irrelevant for the German economy
Posen, Adam Simon - 1998
No one seems to be neutral about the effects of EMU on the German economy. Roughly speaking, there are two camps: those … stability. From a broader macroeconomic perspective, however, it is clear that EMU is unlikely to cause directly any meaningful …
Persistent link: https://www.econbiz.de/10009768851
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Changes in the Response of Fiscal Policy to Monetary Policy in the EMU
Arora, Sanchit; Boeing-Reicher, Claire - 2014
We study the evolution of the response of fiscal policy to monetary policy shocks in the EMU in the light of two … important events: the signing of the Maastricht treaty in 1992 and the introduction of the EMU in 1999. Based on impulse … policy acted as complements after the introduction of the EMU. These results holds for a set of 11 non-EMU countries as well …
Persistent link: https://www.econbiz.de/10010362160
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Monetary and macroprudential policy in an estimated DSGE model of the euro area
Quint, Dominic; Rabanal, Pau - 2014
In this paper, we study the optimal mix of monetary and macroprudential policies in an estimated two-country model of the euro area. The model includes real, nominal and financial frictions, and hence both monetary and macroprudential policy can play a role. We find that the introduction of a...
Persistent link: https://www.econbiz.de/10010258716
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Fiscal indiscipline and monetary policy in EMU : is there any need for a fiscal policy concerned ECB?
Foresti, Pasquale; Marani, Ugo - In: International journal of monetary economics and finance 6 (2013) 1, pp. 81-95
Persistent link: https://www.econbiz.de/10010250291
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Transatlantic monetary and fiscal policy interaction
Aarle, Bas van; Garretsen, Harry; Huart, Florence - 2003
This paper studies the design, effects and interactions of monetary and fiscal policies in the euro-area and between the euro-area and the non euro-area. To do so, a stylized three-country model of monetary and fiscal policy rules is constructed. It is analyzed how monetary and fiscal rules...
Persistent link: https://www.econbiz.de/10011509484
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A monetary union requires a banking union
Geeroms, Hans; Karbownik, Pawel - 2014
Persistent link: https://www.econbiz.de/10010422223