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We assess the transmission of monetary policy shocks on oil prices using a VAR model. We identify monetary policy and financial activity shocks disentangled from demand and oil supply shocks using sign restrictions. We obtain the following main findings. (i) Monetary policy and financial...
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world, the book describes how we can reverse these incentives, using the power of finance to tackle the climate and … ecological crises. The world of finance is moving beyond the era of ethical investment and into a future where all financial …
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world, the book describes how we can reverse these incentives, using the power of finance to tackle the climate and … ecological crises. The world of finance is moving beyond the era of ethical investment and into a future where all financial …
Persistent link: https://www.econbiz.de/10012671430
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Am Beispiel der zweiten Weltwirtschaftskrise des 20. Jahrhunderts lassen sich die Gegensätze neoklassischer Ressourcenökonomie und keynesianischer Geldwirtschaft gut erkennen. Die allokative Wirkung veränderter Ressourcenknappheiten wird an der Rohölpreisentwicklung untersucht, um zu zeigen,...
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