Showing 1 - 10 of 16,209
Persistent link: https://www.econbiz.de/10011691258
There is increasingly dissatisfaction with the traditional New Keynesian IS curve linking the interest rate to consumption. The central bank'™s interest rate target is found to differ significantly from the implied consumer Euler rate thus impairing the working of the (traditional) monetary...
Persistent link: https://www.econbiz.de/10010339980
savings glut hypothesis as well as the apparent success of monetary policy in combating inflation. Alternatively, they might …
Persistent link: https://www.econbiz.de/10010485968
Persistent link: https://www.econbiz.de/10012648465
Persistent link: https://www.econbiz.de/10011299336
Persistent link: https://www.econbiz.de/10001447738
This paper scrutinizes the role of prolonged, expansionary monetary policy on the savings behavior of Japanese … households, focusing on the dramatic change of the household savings behavior since 1998, from high to low savings. Existing …
Persistent link: https://www.econbiz.de/10011992802
Persistent link: https://www.econbiz.de/10011481938
Persistent link: https://www.econbiz.de/10011411180