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The role of household debt and balance sheets in the monetary transmission mechanism
Benito, Andrew; Waldron, Matt; Young, Gary; Zampolli, … - In: Quarterly bulletin / Bank of England 47 (2007) 1, pp. 70-78
Persistent link: https://www.econbiz.de/10003457827
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Household debt, house prices and consumption in the United Kingdom : a quantitative theoretical analysis
Waldron, Matt; Zampolli, Fabrizio - 2010
Household debt and house prices in the United Kingdom rose substantially between 1987 and 2006. In this paper we use a calibrated overlapping generations model of the household sector to examine the extent to which changes in demographics, lower inflation, and a lower long-run real interest rate...
Persistent link: https://www.econbiz.de/10003940274
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Household Debt, House Prices and Consumption in the United Kingdom : A Quantitative Theoretical Analysis
Waldron, Matt - 2010
Household debt and house prices in the United Kingdom rose substantially between 1987 and 2006. In this paper we use a calibrated overlapping generations model of the household sector to examine the extent to which changes in demographics, lower inflation, and a lower long-run real interest rate...
Persistent link: https://www.econbiz.de/10013146979
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The conduct of global monetary policy and domestic stability
Blake, Andrew P. (contributor); Markovic, Bojan (contributor) - 2008
The purpose of this paper is to examine how important an improvement in global monetary policy might be for the macroeconomic performance of a small open economy such as the United Kingdom. Our paper contributes to the literature by proposing a new methodology to treat indeterminate solutions...
Persistent link: https://www.econbiz.de/10003883915
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The dynamics of aggregate UK consumers' non-durable expenditure
Fernandez-Corugedo, Emilio; Price, Simon; Blake, Andrew P. - In: Economic modelling 24 (2007) 3, pp. 453-469
Persistent link: https://www.econbiz.de/10003429033
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The dynamics of consumers' expenditure : the UK consumption ECM redux
Fernandez-Corugedo, Emilio; Price, Simon; Blake, Andrew P. - 2003
Persistent link: https://www.econbiz.de/10001847077
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An analysis of the impact of finite horizons on macroeconomic control
Blake, Andrew P. - In: Oxford economic papers 47 (1995) 1, pp. 98-116
Persistent link: https://www.econbiz.de/10001177815
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Credibility and the effectiveness of inflation targeting regimes
Blake, Andrew P. - In: The Manchester School of Economic and Social Studies 64 (1996), pp. 28-50
Persistent link: https://www.econbiz.de/10001201963
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Should the Bank of England be independent?
Blake, Andrew P. - In: National Institute economic review (1993), pp. 72-80
Persistent link: https://www.econbiz.de/10001136300
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The Conduct of Global Monetary Policy and Domestic Stability
Blake, Andrew P.; Markovic, Bojan - 2009
The purpose of this paper is to examine how important an improvement in global monetary policy might be for the macroeconomic performance of a small open economy such as the United Kingdom. Our paper contributes to the literature by proposing a new methodology to treat indeterminate solutions...
Persistent link: https://www.econbiz.de/10014214070