Showing 1 - 10 of 17,715
In this paper we estimate a simple New-Keynesian DSGE model withIn diesem Diskussionspapier schätzen wir ein einfaches Neukeynesianisches dynamisches Gleichgewichtsmodel für deutsche Daten und den Zeitraum zwischen dem ersten Quartal 1970 und dem letzten Quartal 1998. Im Unterschied zu einer Reihe
Persistent link: https://www.econbiz.de/10012991229
. Contrary to a number of recent similar papers estimated with US and euro-area data, we find that real money balances contribute …
Persistent link: https://www.econbiz.de/10001814482
. Contrary to a number of recent similar papers estimated with US and euro-area data, we find that real money balances contribute … Geldmenge einen signifikanten Beitrag zur Erklärung der Inflation und der Dynamik des Bruttoinlandsprodukts leistet. Das Model …
Persistent link: https://www.econbiz.de/10011432232
Persistent link: https://www.econbiz.de/10003879003
model the dynamics of money supply in Germany. Additional analysis with regard to the influence of financial innovations on …This paper investigates the stability of the German money supply focusing on the period 1991 - 1998. It is shown that … the control of money supply yields evidence that the influence of financial innovations on the multiplier has increased …
Persistent link: https://www.econbiz.de/10010503733
Persistent link: https://www.econbiz.de/10011487253
Persistent link: https://www.econbiz.de/10010483130
This paper examines the historical evolution of central bank credibility using both historical narrative and empirics for a group of 16 countries, both advanced and emerging. It shows how the evolution of credibility has gone through a pendulum where credibility was high under the classical gold...
Persistent link: https://www.econbiz.de/10013043621
Persistent link: https://www.econbiz.de/10010442389