Showing 1 - 10 of 4,670
Persistent link: https://www.econbiz.de/10012129289
Persistent link: https://www.econbiz.de/10014535767
Persistent link: https://www.econbiz.de/10010401723
We examine the relationship between prices and interest rates for seven advanced economies in the period up to 1913 …, emphasizing the UK. There is a significant long-run positive relationship between prices and interest rates for the core commodity …
Persistent link: https://www.econbiz.de/10010402305
Persistent link: https://www.econbiz.de/10010483892
Persistent link: https://www.econbiz.de/10012170567
premises. To wit, he maintains that pure market processes such as a gold discovery can "distort" prices and interest rates, and …
Persistent link: https://www.econbiz.de/10012316849
Persistent link: https://www.econbiz.de/10011959372
Persistent link: https://www.econbiz.de/10004766318
Galí (2014) showed that a monetary policy rule that raises interest rates in response to bubbles can paradoxically lead to larger bubbles. This comment shows that a central bank that wants to dampen bubbles can always do so by raising interest rates aggressively enough. This result is different...
Persistent link: https://www.econbiz.de/10014316806