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Trend Growth and Learning About Monetary Policy Rules
Tesfaselassie, Mewael - Institut für Weltwirtschaft (IfW) - 2011
The paper examines the effect of trend productivity growth on the determinacy and learnability of equilibria under … a higher trend growth rate relaxes the conditions for determinacy and learnability. Results are mixed for other policy … learnability. Under the lagged-data-based rule rule trend growth reduces the scope for determinacy and learnability …
Persistent link: https://www.econbiz.de/10009365996
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Trend growth and learning about monetary policy rules
Tesfaselassie, Mewael F. - 2011
The paper examines the effect of trend productivity growth on the determinacy and learnability of equilibria under … a higher trend growth rate relaxes the conditions for determinacy and learnability. Results are mixed for other policy … learnability. Under the lagged-data-based rule rule trend growth reduces the scope for determinacy and learnability. …
Persistent link: https://www.econbiz.de/10010279379
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Currency Wars Yesterday and Today
Brahmbhatt, Milan; Canuto, Otaviano; Ghosh, Swati - In: World Bank - Economic Premise (2010) 43, pp. 1-6
An energetic debate on the danger of a global currency war has flared up in recent months, stoked by a renewed move to “quantitative easing” in the United States, resurgent capital flows to developing countries and strong upward pressure on emerging market currencies. This Economic Premise...
Persistent link: https://www.econbiz.de/10008837659
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Do we need central bank digital currency? Economics, technology and institutions
Gnan, Ernest (contributor); Masciandaro, Donato (contributor) - 2018
Persistent link: https://www.econbiz.de/10011985213
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The Quest for Stability: The Macro View
Buiter, Willem H.; Gerlach, Stefan; Kool, Clemens J.M.; … - 2010
On September 3-4, 2009 SUERF and Utrecht University School of Economicsorganized the Colloquium "The Quest for Stability" in Utrecht, the Netherlands. The papers included in this SUERF Study are based on contributions to the Colloquium.
Persistent link: https://www.econbiz.de/10011689943
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The Quest for Stability: the macro view
Buiter, Willem Hendrik; Gerlach, Stefan; Kool, Clemens J.M. - SUERF - The European Money and Finance Forum
On September 3-4, 2009 SUERF and Utrecht University School of Economicsorganized the Colloquium "The Quest for Stability" in Utrecht, the Netherlands. The papers included in this SUERF Study are based on contributions to the Colloquium.
Persistent link: https://www.econbiz.de/10008544608
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The macro view
Balling, Morten (ed.); Berk, Jan Marc (ed.);  … - Colloquium The Quest for Stability <2009, Utrecht>; … - 2010
On September 3-4, 2009, SUERF and Utrecht University School of Economics jointly organized the 28th SUERF Colloquium on "The Quest for Stability" in Utrecht, the Netherlands. The papers contained in this SUERF Study jointly published with DNB and Rabobank are based on contributions to this...
Persistent link: https://www.econbiz.de/10011706504
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Do we need central bank digital currency? : economics, technology and institutions
Gnan, Ernest (ed.); Masciandaro, Donato (ed.) - Do We Need Central Bank Digital Currency?: Economics, …; … - 2018
Persistent link: https://www.econbiz.de/10011944433
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Robustifying learnability
Tetlow, Robert J.; von zur Muehlen, Peter - 2006
In recent years, the learnability of rational expectations equilibria (REE) and determinacy of economic structures have … certain features of monetary policy rules that facilitate learning. However a treatment of policy design for learnability in … assure the learnability of the model. Our test case is the standard New Keynesian business cycle model. For different …
Persistent link: https://www.econbiz.de/10011604639
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Robustifying Learnability
Tetlow, Robert J.; Muehlen, Peter von zur - Society for Economic Dynamics - SED - 2006
In recent years, the learnability of rational expectations equilibria (REE) and determinacy of economic structures have … certain features of monetary policy rules that facilitate learning. However a treatment of policy design for learnability in … assure the learnability of the model. Our test case is the standard New Keynesian business cycle model. For different …
Persistent link: https://www.econbiz.de/10005090728