Narrow search
Showing 1 - 10 of 201
Cover Image
Causal effects of countercyclical interest rates : evidence from the classical gold standard
Mitchener, Kris; Pina, Gonçalo - 2022
stabilization was more effective for the price level than for output. …
Persistent link: https://www.econbiz.de/10013183777
Cover Image
Optimal public expenditure with inefficient unemployment
Michaillat, Pascal; Saez, Emmanuel - In: The review of economic studies : RES 86 (2019) 3, pp. 1301-1331
Persistent link: https://www.econbiz.de/10012111855
Cover Image
How big are fiscal multipliers in Latin America?
Restrepo L., Jorge Enrique - 2020
This paper uses the strategy and data of Blanchard and Perotti (BP) to identify fiscal shocks and estimate fiscal multipliers for the United States. With these results, it computes the cumulative multiplier of Ramey and Zubairy (2018), now common in the literature. It finds that, contrary to the...
Persistent link: https://www.econbiz.de/10012170143
Cover Image
Government size, trade openness, and intersectoral income fluctuation : an international panel analysis
Kim, Daehaeng; Lee, Chul-in - In: Public finance review : PFR 49 (2021) 2, pp. 294-332
Persistent link: https://www.econbiz.de/10012521209
Cover Image
Causal effects of countercyclical interest rates : evidence from the classical gold standard
Mitchener, Kris; Pina, Gonçalo - 2022
Persistent link: https://www.econbiz.de/10013186155
Cover Image
The credibility of monetary policy announcements : empirical evidence for OECD countries since the 1960s
Belke, Ansgar; Freytag, Andreas; Keil, Jonas; … - 2011
Monetary policy rules have been considered as fundamental protection against inflation. However, empirical evidence for a correlation between rules and inflation is relatively weak. In this paper, we first discuss likely causes for this weak link and present the argument that monetary commitment...
Persistent link: https://www.econbiz.de/10009569729
Cover Image
Quantification and characteristics of household inflation expectations in Switzerland
Rosenblatt-Wisch, Rina; Scheufele, Rolf - In: Applied economics 47 (2015) 25/27, pp. 2699-2716
Persistent link: https://www.econbiz.de/10010519624
Cover Image
Quantification and characteristics of household inflation expectations in Switzerland
Rosenblatt-Wisch, Rina; Scheufele, Rolf - 2014
Inflation expectations are a key variable in conducting monetary policy. However, these expectations are generally unobservable and only certain proxy variables exist, such as surveys on inflation expectations. This paper offers guidance on the appropriate quantification of household inflation...
Persistent link: https://www.econbiz.de/10010495242
Cover Image
Central bank credibility in CEE countries : measurement and determinants
Dráb, Ján; Dujava, Daniel - 2020
We use three different indicators based on inflation expectations to measure central bank credibility in 9 countries in … Central and Eastern Europe. We quantify credibility using differences between official inflation targets and inflation …. Determinants of central bank credibility are investigated using pooled OLS. According to our results, stable and low inflation and …
Persistent link: https://www.econbiz.de/10012391669
Cover Image
Central bank credibility : determinants and measurement : a cross-country study
Mackiewicz-Łyziak, Joanna - In: Acta oeconomica : periodical of the Hungarian Academy … 66 (2016) 1, pp. 125-151
Persistent link: https://www.econbiz.de/10011597999